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The Board’s activities in the 2025-26 year included:

• Strategy sessions to determine SE's future strategy and approach.
• Deep dive discussions into key business areas.
• Assessment of progress against Scottish Enterprise's missions, including performance and milestones.
• Monitoring of Scottish Enterprise's financial position and performance, including consideration of risks.
• Approving a range of projects and programmes that aim to have a transformative impact on Scotland's economy.

In addition to the seven scheduled meetings, the Board met on a further seven occasions to consider projects requiring SE Board approval out with a planned Board meeting.

As illustrated below, the Board was supported during the year by four Sub Committees - Audit and Risk, Remuneration, Nominations and Governance, and Board Approvals.

The purpose and membership of each Committee for the year to 31 March 2026 are summarised below.

Board Approvals Committee

The Board Approvals Committee approves decisions relating to the business of Scottish Enterprise which would otherwise be made by the Board, except where a significant conflict of interest has been identified and declared by a Board member.

The Committee is chaired by the Scottish Enterprise Board Chair with membership consisting of all non-executive members, excluding any conflicted Board member. It is convened immediately following a Board meeting, as required.

There were no meetings of the Board Approvals Committee during 2025-26.