Corporate Governance Statement

Size: px
Start display at page:

Download "Corporate Governance Statement"

Transcription

1 ASX and Media Release 2 October 2015 Black Oak Minerals Limited (ASX: BOK) releases its current as referenced in the Annual Report to Shareholders and Appendix 4G which were released to ASX on 29 September The, which is attached, can also be found on the Company s website at along with the associated corporate policies, board committee charters and the BOK code of conduct. For further information contact: David Kinsman, Chief Financial Officer and Company Secretary, Black Oak Minerals Limited Telephone: , ASX: BOK T: E: W: Lvl 1, 160 Wharf St, Spring Hill, QLD 4000 GPO Box 519 Brisbane QLD 4001

2 CORPORATE GOVERNANCE STATEMENT INTRODUCTION The Company and the Board are committed to achieving and demonstrating high standards of corporate governance. The Board continues to review the framework and practices to ensure they meet the interests of shareholders. The Group seeks to follow the best practice recommendations for listed companies to the extent that it is practicable. The Company is required to disclose the extent to which it has not adopted the ASX Corporate Governance Principles and Recommendations. Set out below are the principal corporate governance practices of the Company along with the reasons for non-adoption of the recommendations (including 2014 Amendments) where applicable. PRINCIPLE 1 LAY SOLID FOUNDATIONS FOR MANAGEMENT AND OVERSIGHT A listed entity should establish and disclose the respective roles and responsibilities of its board and management and how their performance is monitored and evaluated. R1.1 A listed entity should disclose the respective roles and responsibilities of its board and management and those matters expressly reserved to the board and those delegated to management. The Board is accountable to shareholders for Company performance. It oversees and guides management in protecting and enhancing the interests of shareholders and other stakeholders. It sets the strategic direction of the Company, establishes goals for management and monitors progress towards those goals. The Board has adopted a Board Charter that formalises its roles and responsibilities and defines the matters that are reserved for the Board and specific matters that are delegated to management. This is available on the Corporate Governance page of the Company s website. R1.2 A listed entity should undertake appropriate checks before appointing a person, or putting forward to security holders a candidate for election, as a director and provide security holders with all material information in its possession relevant to a decision on whether or not to elect or re-elect a director. Appropriate checks are made of each Director before their appointment and stakeholders are made aware of all material information on their election or re-election. R1.3 A listed entity should have a written agreement with each director and senior executive setting out the terms of their appointment. On appointment of a director or senior executive, the Company issues a letter of appointment setting out the terms and conditions of appointment to the Board. R1.4 The company secretary of a listed entity should be accountable directly to the board, through the chair, on all matters to do with the proper functioning of the board. The Company Secretary is accountable directly to the Board, through the Chairman, on all matters to do with the proper functioning of the Board. R1.5 A listed entity should: (a) Have a diversity policy which includes requirements for the board or a relevant committee of the board to set measurable objectives for achieving gender diversity and to assess annually both the objectives and the entity s progress in achieving them; (b) Disclose that policy or a summary of it; and

3 (c) Disclose as at the end of each reporting period the measurable objectives for achieving gender diversity set by the board or a relevant committee of the board in accordance with the entity s diversity policy and its progress towards achieving them, and either: (1) The respective proportions of men and women on the board, in senior executive positions and across the whole organisation (including how the entity has defined senior executive for these purposes); or (2) If the entity is a relevant employer under the Workplace Gender Equality Act, the entity s most recent Gender Equality Indicators, as defined in and published under that Act. The Company values diversity and recognises the benefits it can bring to the organisation s ability to achieve its goals. The Company recognises diversity as a core consideration in its Remuneration and Nomination Committee Charter, and operates a diverse workforce. Although no measurable objectives on gender diversity have been set to date, at this stage of the Company s life with a small workforce, the Company maintains a balanced mix of gender diversity which the Board considers appropriate. R1.6 A listed entity should have and disclose a process for periodically evaluating the performance of the board, its committees and individual directors and disclose, in relation to each reporting period, whether a performance evaluation was undertaken in the reporting period in accordance with that process. To facilitate strong Board performance, the Board Charter requires periodic review of Board performance. Whilst no formal process is in place, a process is in effective use for continuously improving the Board s systems, procedures and quality of decision-making. This encompasses continuous attention to all matters that provide an opportunity to improve the creation of value to the Company s shareholders via actions of the Board, its committees and individuals in developing strategy, decision-making and monitoring the Company s performance. R1.7 A listed entity should have and disclose a process for periodically evaluating the performance of its senior executives and disclose, in relation to each reporting period, whether a performance evaluation was undertaken in the reporting period in accordance with that process. The Board is accountable for the proper oversight of executive directors and senior management. Performance evaluation of senior executives is undertaken by the CEO and the Chairman undertakes the CEO s review. Senior executives are evaluated informally on an ongoing basis as well as formally on an annual basis. A formal process is in place for reviewing and evaluating senior management performance and continuously improving the contributions executives make to the Company. This involves establishment of annual goals and objectives for each executive in support of the corporate objectives and strategic plan and a detailed evaluation of performance against role objectives as well as these annual performance goals. Performance evaluation of senior executives has taken place in FY 2015 in accordance with this process. PRINCIPLE 2 STRUCTURE THE BOARD TO ADD VALUE A listed entity should have a board of an appropriate size, composition, skills and commitment to enable it to discharge its duties effectively. R2.1 The board of a listed entity should have a nomination committee which has at least three members, a majority of whom are independent directors and is chaired by an independent director. The listed entity should disclose the charter of the committee, the members of the committee and as at the end of each reporting period the number of times the committee met throughout the period and the individual attendances of the members at those meetings. If the listed entity does not have a nomination committee, disclose that fact and the processes it employs to address board succession issues and to ensure that the board has the appropriate balance of skills, knowledge, experience, independence and diversity to enable it to discharge its duties and responsibilities effectively. The full Board form the Remuneration and Nomination Committee. The Committee adopted a Remuneration and Nomination Charter to ensure that the Board contains the appropriate range of competencies and maintains appropriate selection and appointment practices. Page 2

4 R2.2 A listed entity should have and disclose a board skills matrix setting out the mix of skills and diversity that the board currently has or is looking to achieve in its membership. Details of the Directors experience and skills are on the Company s website and in the Directors Report in the Company s 2015 Annual Report R2.3 A listed entity should disclose the names of the directors considered by the board to be independent directors, why they are considered to be independent and the length of service of each director. The Board has determined the independence status of each current director is as follows: Director Position Length of Independent Reason service Jon Parker Non-Executive Director 2 years Yes Mr Parker is a shareholder in the Company. However, the Board considers that Mr Parker is free of any relationship that could, or could be seen to, interfere materially with the independent exercise of judgement. David Sproule Managing Director 2 years No Mr Sproule and related parties comprise the major shareholding in the Company. Ken Osland Non-Executive Director 1 Year Yes Mr Osland is a shareholder in the Company. However, the Board considers that Mr Osland is free of any relationship that could, or could be seen to, interfere materially with the independent exercise of judgement. R2.4 A majority of the board of a listed entity should be independent directors. Black Oak Minerals Limited recognises the importance of having a Board of the appropriate composition, size and commitment for it to discharge its responsibilities and duties and believes that its Board has a balance of skills, experience and independent thinking appropriate to the nature and scope of the Company s operations. Given the size of the Company the Board believes that it has an appropriate size and mix of skills to provide independent and transparent decisions for the benefit of the Company. Furthermore, the Board believes the Company as a whole benefits from the long standing experience of its directors. This experience is listed in the Directors Information section of the Directors Report. Currently the majority of the Board s directors are independent as that term is defined by the Recommendations. Two of the three Board members, Jon Parker and Ken Osland, meet the definition. During the period 20 September 2013 to 8 September 2014 the company did not fully comply with the recommendation as it had only Jon Parker, being one of three board members who met the definition of independence. The other two directors, being Mr Sproule and Mr Terranova (who was Managing Director from 20 September 2013 to 8 September 2014) are considered as being not independent. R2.5 The chair of the board of a listed entity should be an independent director and, in particular, should not be the same person as the CEO of the entity. Jon Parker is Chair and an independent Director. R2.6 A listed entity should have a program for inducting new directors and provide appropriate professional development opportunities for directors to develop and maintain the skills and knowledge needed to perform their roles as directors effectively. The Company recognises the need for directors to maintain their skills and experience. New Directors undergo an informal process of induction however no formal program is currently in place. Professional development opportunities for directors are considered when proposed or otherwise determined as necessary. Page 3

5 PRINCIPLE 3 ACT ETHICALLY AND RESPONSIBLY A listed entity should act ethically and responsibly. R3.1 A listed entity should have a code of conduct for its directors, senior executives and employees and disclose that code or a summary of it. The Board and management are committed to establishing and maintaining a high degree of integrity among those who set or influence the Company s strategy and financial performance, together with responsible and ethical decision-making that take into account legal obligations as well as significant stakeholders interests. The Board has adopted a Code of Conduct which establishes a clear set of values that emphasise a culture encompassing strong corporate governance, sound business practices and good ethical conduct. This Code of Conduct is available on the Company website. Each director, senior executive and each employee is individually accountable for bringing potential matters of unethical behaviour for which they become aware to the attention of the organisation at an appropriate level. An individual whose attention is so drawn is accountable for using the powers of their office/role to deal appropriately with such matters. PRINCIPLE 4 SAFEGUARD INTEGRITY IN CORPORATE REPORTING A listed entity should have formal and rigorous processes that independently verify and safeguard the integrity of its corporate reporting. R4.1 The board of a listed entity should have an audit committee which: (1) has at least three members, all of whom are non-executive directors and a majority of whom are independent directors; and (2) is chaired by an independent director, who is not the chair of the board, and disclose: (3) the charter of the committee (4) the relevant qualifications and experience of the members of the committee; and (5) in relation to each reporting period, the number of times the committee met throughout the period and the individual attendances of the members at those meetings. The Board has established an Audit and Risk Management Committee. The ultimate responsibility for the integrity of the Company s financial reporting rests with the full Board. Due to the small number of Directors the Audit and Risk Management Committee comprises only two directors, both of whom meet the ASX test of independence. The Chairman of the committee is Ken Osland who is an independent director and who is not Chair of the Board. The Audit and Risk Management Committee has a separate charter structured to ensure the Company s financial reporting is adequately reviewed and that the external auditors are independent. Formal lines of reporting to the Board and frequency and operation of committee meetings are also covered. The Audit and Risk Management Committee Charter is available on the Company website. R4.2 The board of a listed entity should, before it approves the entity s financial statements for a financial period, receive from its CEO and CFO a declaration that, in their opinion, the financial records of the entity have been properly maintained and that the financial statements comply with the appropriate accounting standards and give a true and fair view of the financial position and performance of the entity and that the opinion has been formed on the basis of a sound system of risk management and internal control which is operating effectively. The Board requires the chief executive officer and the chief financial officer to confirm in writing that declarations provided in accordance with section 295A of the Corporations Act are founded on a sound system of risk management and internal control and that the system is operating effectively. Page 4

6 R4.3 A listed entity that has an AGM should ensure that its external auditor attends its AGM and is available to answer questions from security holders relevant to the audit. The external auditor will attend the annual general meeting and be available to answer shareholder questions about the conduct of the audit and the preparation and content of the audit report. PRINCIPLE 5 MAKE TIMELY AND BALANCED DISCLOSURE A listed entity should make timely and balances disclosure of all matters concerning it that a reasonable person would expect to have a material effect on the price or value of its securities. R5.1 A listed entity should have a written policy for complying with its continuous disclosure obligations under the Listing Rules and disclose that policy or a summary of it. Black Oak Minerals Limited is committed to promoting investor confidence and ensuring that shareholders and the market are provided with timely and balanced disclosure of all material matters concerning the Company, as well as ensuring that all shareholders have equal and timely access to externally available information issued by the Company. The Company has a Continuous Disclosure Policy to ensure compliance with the continuous disclosure regime under ASX Listing Rules and the Corporations Act This policy aims to deliver timely and balanced disclosure of all material matters concerning the Company and requires disclosure of any information concerning Southern Cross Goldfields Limited that a reasonable person would expect to have a material effect on the price or value of the Company s securities. This policy is available on the Company website. PRINCIPLE 6 RESPECT THE RIGHTS OF SECURITY HOLDERS A listed entity should respect the rights of its security holders by providing them with appropriate information and facilities to allow them to exercise those rights effectively. R6.1 A listed entity should provide information about itself and its governance to investors via its website. The Company has adopted a Shareholder Communications Policy to ensure that shareholders have access to balanced and understandable information about the Company and its activities. This policy is available on the Company website. The Company uses its website as its primary communication tool for distribution of the annual report, market announcements and media disclosures. External communication which may have a material effect on the price or value of the Company s securities will not be released unless it has been announced previously to ASX. R6.2 A listed entity should design and implement an investor relations program to facilitate effective two-way communication with investors. The Directors aim to ensure that the shareholders, on behalf of whom they act, are informed of all information necessary to assess the performance of the Company. Information on all major developments affecting the Company is available to shareholders through: the Company s annual report; quarterly and half yearly reports; the annual general meeting of the Company and other meetings called to obtain approval for Board actions as appropriate. All shareholders who are unable to attend these meetings will be encouraged to communicate issues or ask questions by writing or ing to the Company; and ASX announcements and media releases on the Company website. The Company will take advantage of technology, such as the Company website, to provide greater opportunities for effective communication with shareholders and to encourage participation at meetings. Page 5

7 R6.3 A listed entity should disclose the policies and processes it has in place to facilitate and encourage participation at meetings of security holders. Whilst the Company does not have a formal policy in place, the embedded process followed at all security holder meetings affords participation and engagement. R6.4 A listed entity should give security holders the option to receive communications from, and send communications to, the entity and its security register electronically. The Company will take advantage of technology, such as the Company website, to provide greater opportunities for effective communication with shareholders and to encourage participation at meetings. PRINCIPLE 7: RECOGNISE AND MANAGE RISK A listed entity should establish a sound risk management framework and periodically review the effectiveness of that framework. R7.1 The board of a listed entity should have a committee or committees to oversee risk, each of which: (1) has at least three members, a majority of whom are independent directors; and (2) is chaired by an independent director, and disclose: (3) the charter of the committee (4) the members of the committee; and (5) in relation to each reporting period, the number of times the committee met throughout the period and the individual attendances of the members at those meetings. The Company has implemented an Audit and Risk Management Committee with a separate charter, focussed on ensuring that the Company maintains an effective system of internal control and risk management. Flowing from this, the Company has adopted a Risk Management Policy that governs the Company s approach to Risk Management. Both the Audit and Risk Management Committee Charter and the Risk Management Policy are available on the Company website. R7.2 The board or a committee of the board should review the entity s risk management framework at least annually to satisfy itself that it continues to be sound and disclose, in relation to each reporting period, whether such a review has taken place. This function is documented in the Audit and Risk Management Committee Charter and a standing agenda item is incorporated in the annual Board calendar to undertake this activity. R7.3 A listed entity should disclose if it has an internal audit function, how the function is structured and what role it performs or if it does not have an internal audit function, that fact and the processes it employs for evaluating and continually improving the effectiveness of its risk management and internal control processes. The Company does not have an internal audit function, however there is a continual review process in place overseen by the Chief Financial Officer and the Audit and Risk Committee. R7.4 A listed entity should disclose whether it has any material exposure to economic, environmental and social sustainability risks and, if it does, how it manages or intends to manage those risks. The main risks which the Company is exposed to are those inherent in the industry in which it operates. As with any mining producer and explorer, the Company may be exposed to economic down turn or fluctuations in commodity prices, changes to government regulations or environmental operating risks. These risks are managed through the internal control and risk management framework overseen by the Audit and Risk Committee. Page 6

8 PRINCIPLE 8 REMUNERATE FAIRLY AND RESPONSIBLY Black Oak Minerals Limited A listed entity should pay director remuneration sufficient to attract and retain high quality directors and design its executive remuneration to attract, retain and motivate high quality senior executives and to align their interests with the creation of value for security holders. R8.1 The board of a listed entity should have a remuneration committee which: (1) has at least three members, a majority of whom are independent directors; and (2) is chaired by an independent director, and disclose: (3) the charter of the committee (4) the members of the committee; and (5) in relation to each reporting period, the number of times the committee met throughout the period and the individual attendances of the members at those meetings. The Company has adopted a Remuneration and Nomination Committee governed by a Remuneration and Nomination Charter. This Charter is available on the Company website. The Remuneration and Nomination Committee comprises three directors, two of whom meet the ASX test of independence. It is chaired by Mr Ken Osland, who is independent. No executive director participates in Board decisions pertaining to their remuneration packages. R8.2 A listed entity should separately disclose its policies and practices regarding the remuneration of non-executive directors and the remuneration of executive directors and other senior executives. The Company complies with the guidelines for executive remuneration packages and non-executive director remuneration as proposed in the Recommendations. Total remuneration paid to non-executive directors may not exceed the limit set by shareholders at the annual general meeting and is currently $500,000 which was approved by shareholders on 12 October The remuneration of the non-executive directors is fixed rather than variable. In relation to executive remuneration, the Board takes advice regarding the nature and direction for the Company's remuneration practices. Where appropriate, the Board ensures that a proportion of each senior manager's remuneration is linked to his or her performance and the Company's performance. Remuneration is also benchmarked against the Company's peers in the resources industry. The remuneration structure for directors and senior executives is reported in the remuneration section of the Company's Annual Report. R8.3 A listed entity which has an equity-based remuneration scheme should have a policy on whether participants are permitted to enter into transactions (whether through the use of derivatives or otherwise) which limit the economic risk of participating in the scheme and disclose that policy or a summary of it. The Company has a Trading in Securities Policy that: a) does not permit employees to enter into arrangements, such as margin loans or arrangements involving the Company's securities as collateral to secure repayment of a loan, where the lender is granted a right to sell or compel the sale of the securities such that prescribed exclusion periods are breached; and b) precludes employees from using derivatives such as caps, collars, warrants or similar products into in relation to any Company securities held by employees. Page 7

Key to Disclosures Corporate Governance Council Principles and Recommendations

Key to Disclosures Corporate Governance Council Principles and Recommendations Rules 4.7.3 and 4.10.3 1 Appendix 4G Name of entity Key to Disclosures Corporate Governance Council Principles and Recommendations WHITE ROCK MINERALS LTD ABN/ARBN Financial year ended 64 142 809 970 30/06/2015

More information

Corporate governance statement

Corporate governance statement page 1 Corporate governance statement This document discloses the extent to which Primary Opinion Limited ACN 092 817 171 (Company) has followed the recommendations set by the ASX Corporate Governance

More information

Corporate Governance Statement

Corporate Governance Statement Corporate Governance Statement The Board of Directors of Sandon Capital Investments Limited (Sandon or the Company) is responsible for the corporate governance of the Company. The Board guides and monitors

More information

Appendix 4G. Key to Disclosures Corporate Governance Council Principles and Recommendations

Appendix 4G. Key to Disclosures Corporate Governance Council Principles and Recommendations Appendix 4G Rules 4.7.3 and 4.10.3 1 Key to Disclosures Corporate Governance Council Principles and Recommendations Introduced 01/07/14 Amended 02/11/15 Name of entity ASX Limited ABN / ARBN Financial

More information

Isentia Group Limited ACN 167 541 568 Corporate Governance Statement Year ended 30 June 2015

Isentia Group Limited ACN 167 541 568 Corporate Governance Statement Year ended 30 June 2015 The of Isentia Group Limited and its subsidiaries (referred to hereafter as the 'company' or Isentia ) was approved by the Board of Directors (the Board ) on 20 August 2015. 1. Principle 1 Lay solid foundations

More information

Key to Disclosures Corporate Governance Council Principles and Recommendations

Key to Disclosures Corporate Governance Council Principles and Recommendations Rules 4.7.3 and 4.10.3 1 Appendix 4G Key to Disclosures Corporate Governance Council Principles and Recommendations Name of entity: Gindalbie Metals Limited ABN / ARBN: Financial year ended: 24 060 857

More information

APPENDIX 4G CORPORATE GOVERNANCE

APPENDIX 4G CORPORATE GOVERNANCE 25 August 2015 The Manager Company Announcements Office Australian Securities Exchange Exchange Plaza 2 The Esplanade PERTH WA 6000 By: e-lodgement (ASX code SBI) APPENDIX 4G CORPORATE GOVERNANCE Please

More information

Key to Disclosures Corporate Governance Council Principles and Recommendations

Key to Disclosures Corporate Governance Council Principles and Recommendations Rules 4.7.3 and 4.10.3 1 Appendix 4G Key to Disclosures Corporate Governance Council Principles and Recommendations Name of entity: AGENIX LIMITED ABN / ARBN: Financial year ended: 58 009 213 754 30 JUNE

More information

For personal use only

For personal use only Australian Securities Exchange Notice 19 February 2016 ILUKA RESOURCES LIMITED (ILU) APPENDIX 4G AND 2015 STATEMENT Please find attached the Appendix 4G and 2015 Corporate Governance Statement in accordance

More information

Statement of Corporate Governance Practices 2015

Statement of Corporate Governance Practices 2015 Statement of Corporate Governance Practices 2015 Introduction The Board of Directors of Coventry Group Ltd(CGL) is responsible for the corporate governance of the Company. The practices outlined in this

More information

Coventry Resources Inc. Corporate Governance Statement (current as at 30 June 2015)

Coventry Resources Inc. Corporate Governance Statement (current as at 30 June 2015) Coventry Resources Inc. Corporate Governance Statement (current as at 30 June 2015) The Board of Directors are responsible for the overall strategy, governance and performance of Coventry Resources Inc.

More information

Progen Pharmaceuticals Limited ABN 82 010 975 612

Progen Pharmaceuticals Limited ABN 82 010 975 612 Progen Pharmaceuticals Limited ABN 82 010 975 612 Corporate Governance - 2015 Progen Pharmaceuticals Limited (the Company or Progen ) is a dual listed Australian company. Our primary listing is on the

More information

The Company intends to follow the ASX CGC P&R in all respects other than as specifically provided below.

The Company intends to follow the ASX CGC P&R in all respects other than as specifically provided below. Neptune Marine Services Limited Corporate Governance Statement ASX Corporate Governance Council s Corporate Governance Principles and Recommendations 3 rd edition As at 31 March 2016 and approved by the

More information

WORLEYPARSONS LIMITED (WOR) APPENDIX 4G AND CORPORATE GOVERNANCE STATEMENT

WORLEYPARSONS LIMITED (WOR) APPENDIX 4G AND CORPORATE GOVERNANCE STATEMENT Level 12, 141 Walker Street North Sydney NSW 2060 Australia Telephone: +61 2 8923 6866 Facsimile: +61 2 8923 6877 worleyparsons.com WorleyParsons Limited ABN 17 096 090 158 26 August 2015 Manager, Market

More information

For personal use only

For personal use only Novogen Limited Corporate Governance Statement for the year ended 30 June 2016 As at 29 August 2016 The corporate governance arrangements for Novogen Limited ( Company ) are set by the Board having regard

More information

CORPORATE GOVERNANCE STATEMENT 2013 14

CORPORATE GOVERNANCE STATEMENT 2013 14 CORPORATE GOVERNANCE STATEMENT 2013 14 1 CORPORATE GOVERNANCE STATEMENT Corporate Governance Statement Aurizon Holdings Limited and the entities it controls (Aurizon Holdings or Company) believe corporate

More information

Corporate Governance Statement

Corporate Governance Statement Corporate Governance Statement The Board of Directors of APN Outdoor Group Limited (APO) is responsible for the overall corporate governance of APO, including establishing the corporate governance framework

More information

Corporate Governance. Approach to Governance. Principle 1 Lay solid foundations for management and oversight. ASX Best Practice Recommendations

Corporate Governance. Approach to Governance. Principle 1 Lay solid foundations for management and oversight. ASX Best Practice Recommendations Approach to Governance Tap is committed to conducting business in accordance with a high standard of corporate governance. This statement outlines the key principles and practices the Board has adopted

More information

CORPORATE GOVERNANCE STATEMENT

CORPORATE GOVERNANCE STATEMENT CORPORATE GOVERNANCE STATEMENT INTRODUCTION The Board is responsible for establishing Xanadu s corporate governance framework, the key features of which are set out in this Corporate Governance Statement.

More information

For personal use only

For personal use only Statement of Corporate Governance for the Year Ended 30 June 2015 This Corporate Governance Statement is current as at 1 September 2015 and has been approved by the Board of Equus Mining Limited ( the

More information

CORPORATE GOVERNANCE STATEMENT NORTHERN STAR RESOURCES LIMITED 18 AUGUST 2016

CORPORATE GOVERNANCE STATEMENT NORTHERN STAR RESOURCES LIMITED 18 AUGUST 2016 CORPORATE GOVERNANCE STATEMENT NORTHERN STAR RESOURCES LIMITED 18 AUGUST 2016 This Corporate Governance Statement is current as at 18 August 2016 and was reviewed and approved by the Board of Directors

More information

Corporate Governance Statement 21 October 2015

Corporate Governance Statement 21 October 2015 Minotaur Exploration Limited (the Group) and its Board adheres to superior standards of corporate governance. The Board reviews the governance framework and practices to ensure they meet the interests

More information

Corporate Governance Statement

Corporate Governance Statement Corporate Governance Statement Mesoblast Limited (the Company or Mesoblast) and its Board of Directors (the Board) are committed to implementing and achieving an effective corporate governance framework

More information

Key to Disclosures Corporate Governance Council Principles and Recommendations

Key to Disclosures Corporate Governance Council Principles and Recommendations Rules 4.7.3 and 4.10.3 1 Appendix 4G Name of entity Key to Disclosures Corporate Governance Council Principles and Recommendations Evolution Mining Limited ABN/ARBN Financial year ended 74 084 669 036

More information

Corporate Governance Statement

Corporate Governance Statement Corporate Governance Statement Magellan Flagship Fund Limited ACN 121 977 884 Magellan Flagship Fund Limited (the Company ) is a listed investment company whose shares are traded on the Australian Securities

More information

CORPORATE GOVERNANCE TREASURY WINE ESTATES ANNUAL REPORT FY2014 / 33

CORPORATE GOVERNANCE TREASURY WINE ESTATES ANNUAL REPORT FY2014 / 33 CORPORATE GOVERNANCE This corporate governance statement outlines the corporate governance framework that has been established by Treasury Wine Estates Limited (the Company) and its group of companies

More information

Board means the Board of Directors of each of Scentre Group Limited, Scentre Management Limited, RE1 Limited and RE2 Limited.

Board means the Board of Directors of each of Scentre Group Limited, Scentre Management Limited, RE1 Limited and RE2 Limited. Board Charter SCENTRE GROUP LIMITED ABN 66 001 671 496 SCENTRE MANAGEMENT LIMITED ABN 41 001 670 579 AFS Licence No: 230329 as responsible entity of Scentre Group Trust 1 ABN 55 191 750 378 ARSN 090 849

More information

Corporate Governance. Coca-cola amatil limited annual report 2009 7

Corporate Governance. Coca-cola amatil limited annual report 2009 7 Corporate Governance At Coca-Cola Amatil (CCA), the Board of Directors is committed to achieving the highest standards in the areas of corporate governance and business conduct. This Corporate Governance

More information

operated by it (as the case requires).

operated by it (as the case requires). 1 Definitions In this document: ASX Board Chair CEO CFO Company Secretary Corporations Act Director means ASX Limited ACN 008 624 691 or the securities exchange operated by it (as the case requires). means

More information

DataDot Technology Limited Corporate Governance Statement. Introduction. Recommendation 1.1. Recommendation 1.2

DataDot Technology Limited Corporate Governance Statement. Introduction. Recommendation 1.1. Recommendation 1.2 DataDot Technology Limited Corporate Governance Statement Introduction This Corporate Governance Statement discloses the extent to which in 2015 DataDot Technology Limited adopted the 29 recommendations

More information

For personal use only

For personal use only 12 October 2015 Company Announcements Australian Securities Exchange Limited Level 4, 20 Bridge Street SYDNEY NSW 2000 AUSTRALIA Dear Sir / Madam RE: Corporate Governance Statement In accordance with ASX

More information

Nomination, Remuneration and Human Resources Committee Charter

Nomination, Remuneration and Human Resources Committee Charter Nomination, Remuneration and Human Resources Committee Class Limited (ACN 116 802 054) As approved by the Board on 6 October 2015 1. Purpose of this The purpose of this is to specify the authority delegated

More information

corporategovernance twothousandfourteen

corporategovernance twothousandfourteen corporategovernance twothousandfourteen 2014 1 Corporate governance This Corporate Governance Statement for IOOF Holdings Limited (IOOF) sets out as required by the ASX Listing Rules details of IOOF s

More information

CORPORATE GOVERNANCE STATEMENT

CORPORATE GOVERNANCE STATEMENT CORPORATE GOVERNANCE STATEMENT CORPORATE GOVERNANCE PRINCIPLES AND RECOMMENDATIONS In determining what those standards should involve, Sundance has considered the 3 rd Edition of ASX Corporate Governance

More information

CORPORATE GOVERNANCE STATEMENT... 1

CORPORATE GOVERNANCE STATEMENT... 1 CORPORATE GOVERNANCE STATEMENT... 1 Overview... 1 Appointment Protocols... 2 Written Agreements... 2 Company Secretary... 2 Diversity Policy... 2 Board and Board Committee Performance Evaluation... 2 Senior

More information

A S X A N N O U N C E M E N T

A S X A N N O U N C E M E N T A S X A N N O U N C E M E N T DATE: 19 October 2015 2015 Corporate Governance Statement and Appendix 4G Please find attached in accordance with Listing Rules 4.7.3, 4.7.4 and 4.10.3, a copy of Pact Group

More information

Corporate Governance Statement 2015. REA Group Corporate Governance Statement 2015 1

Corporate Governance Statement 2015. REA Group Corporate Governance Statement 2015 1 Corporate Governance Statement 2015 REA Group Corporate Governance Statement 2015 1 2 REA Group Corporate Governance Statement 2015 Corporate Governance Statement 2015 Introduction REA Group is committed

More information

Aurizon Holdings Limited Board Charter

Aurizon Holdings Limited Board Charter Aurizon Holdings Limited Board Charter Adopted by the Board: 6 October 2010 Last reviewed by the Board: 12 August 2016 Aurizon Holdings Limited (the Company) ACN 146 335 622 Level 17, 175 Eagle Street

More information

BOARD CHARTER. Its objectives are to: provide strategic guidance for the Company and effective oversight of management;

BOARD CHARTER. Its objectives are to: provide strategic guidance for the Company and effective oversight of management; BOARD CHARTER Objectives The Board is ultimately responsible for the oversight and review of the management, operations and overall corporate governance of the Company. Its objectives are to: provide strategic

More information

CORPORATE GOVERNANCE STATEMENT

CORPORATE GOVERNANCE STATEMENT CORPORATE GOVERNANCE STATEMENT EMECO HOLDINGS LIMITED (ACN 112 188 815) For the year ended 30 June 2015 Emeco Holdings Limited (Company or Emeco) has followed each of the principles and recommendations

More information

Hunter Hall International Limited

Hunter Hall International Limited Hunter Hall International Limited ABN 43 059 300 426 Board Charter 1. Purpose 1.1 Hunter Hall International Limited (Hunter Hall, HHL) is an ASX-listed investment management company. 1.2 This Board Charter

More information

A Guide to Corporate Governance for QFC Authorised Firms

A Guide to Corporate Governance for QFC Authorised Firms A Guide to Corporate Governance for QFC Authorised Firms January 2012 Disclaimer The goal of the Qatar Financial Centre Regulatory Authority ( Regulatory Authority ) in producing this document is to provide

More information

BOARD CHARTER 1. PURPOSE

BOARD CHARTER 1. PURPOSE BOARD CHARTER 1. PURPOSE This statement sets out the role, responsibilities, structure and processes of the Board of Wolf Minerals Limited ( Wolf or Board the Company ). The disclosure of the role and

More information

Review of corporate governance reporting requirements within NZX Main Board Listing Rules

Review of corporate governance reporting requirements within NZX Main Board Listing Rules Review of corporate governance reporting requirements within NZX Main Board Listing Rules Discussion Document 2 November 2015 CONTENTS 1. Introduction... 3 2. Background... 5 3. Objectives of review and

More information

2015 Corporate Governance Statement Appendix 4G.

2015 Corporate Governance Statement Appendix 4G. 23 October 2015 For Immediate Release 2015 and Appendix 4G Ramelius Resources Limited provides the following documents pursuant to ASX Listing Rules 4.7.3 and 4.7.4. 23 October 2015 2015 Appendix 4G. ISSUED

More information

EQT HOLDINGS LIMITED BOARD CHARTER (ACN 004 031 298)

EQT HOLDINGS LIMITED BOARD CHARTER (ACN 004 031 298) EQT HOLDINGS LIMITED BOARD CHARTER (ACN 004 031 298) 1 April 2016 PURPOSE 1. This Board Charter sets out the role, responsibilities, structure and operation of the Board of EQT Holdings Limited ( the Company

More information

CORPORATE GOVERNANCE STATEMENT 2015

CORPORATE GOVERNANCE STATEMENT 2015 CORPORATE GOVERNANCE STATEMENT 2015 THE BOARD AND ITS ROLE At Coca-Cola Amatil Limited (CCA or Company), the Board of Directors is committed to achieving the highest standards in the areas of corporate

More information

CORPORATE GOVERNANCE STATEMENT

CORPORATE GOVERNANCE STATEMENT CORPORATE GOVERNANCE STATEMENT Extracted from 30 June 2013 Annual Report The Directors of Gascoyne Resources Limited believe that effective corporate governance improves company performance, enhances corporate

More information

Corporate governance charter

Corporate governance charter Corporate governance charter Corporate Travel Management Limited ACN 131 207 611 Adopted on 27 October 2015 Level 11 Central Plaza Two 66 Eagle Street Brisbane QLD 4000 GPO Box 1855 Brisbane QLD 4001 Australia

More information

EDUSPEC HOLDINGS BERHAD (Company No.: X)

EDUSPEC HOLDINGS BERHAD (Company No.: X) 1. INTRODUCTION The Board of Directors ( the Board ) supports the Principle 1 of the Recommendation 1.7 The board should formalise, periodically review and make public its board charter as laid out in

More information

Corporate Governance Guidelines

Corporate Governance Guidelines Corporate Governance Guidelines Teachers Federation Health Ltd ABN: 86 097 030 414 Original Endorsed: 25/06/2015 Version: December 2015 1. Corporate Governance Framework 1 2. Board of Directors 2 3. Performance

More information

1.2 The conduct of the Board is also governed by the Company's Constitution (Constitution).

1.2 The conduct of the Board is also governed by the Company's Constitution (Constitution). 1. Purpose of the Charter 1.1 This Board Charter (Charter) sets out the role, composition and responsibilities of the Board of Directors of Atlantic Ltd (Atlantic or Company) within the governance structure

More information

King III Compliance Schedule and Explanation

King III Compliance Schedule and Explanation King III Compliance Schedule and Explanation Principle The Board should provide effective leadership based on an ethical foundation the company is and is seen to be a responsible corporate citizen the

More information

Ramsay Health Care Limited ACN 001 288 768 Board Charter. Charter

Ramsay Health Care Limited ACN 001 288 768 Board Charter. Charter Ramsay Health Care Limited ACN 001 288 768 Board Charter Charter Approved by the Board of Ramsay Health Care Limited on 23 October 2012 Ramsay Health Care Limited ABN 57 001 288 768 Board Charter Contents

More information

BRITISH SKY BROADCASTING GROUP PLC MEMORANDUM ON CORPORATE GOVERNANCE

BRITISH SKY BROADCASTING GROUP PLC MEMORANDUM ON CORPORATE GOVERNANCE BRITISH SKY BROADCASTING GROUP PLC MEMORANDUM ON CORPORATE GOVERNANCE INTRODUCTION British Sky Broadcasting Group plc ( the Company ) endorses the statement in the UK Corporate Governance Code ( the Corporate

More information

PRINCIPAL BOARD CHARTER

PRINCIPAL BOARD CHARTER PRINCIPAL BOARD CHARTER Purpose of Charter 1. The principal Board Charter sets out the authority, responsibilities, membership and operation of the Board of FSMA, adopting principles of good corporate

More information

NEPTUNE MARINE SERVICES LTD ACN 105 665 843. Charter of the Risk Management Committee

NEPTUNE MARINE SERVICES LTD ACN 105 665 843. Charter of the Risk Management Committee NEPTUNE MARINE SERVICES LTD ACN 105 665 843 Charter of the Risk Management Committee 1. Introduction... 1 2. Objective... 1 3. Constitution of Committee... 1 4. Composition... 2 5. Chairperson... 2 6.

More information

Notion VTec Berhad (Company No. 637546-D) Board Charter

Notion VTec Berhad (Company No. 637546-D) Board Charter 1. Introduction In achieving the objectives of transparency, accountability and effective performance for Notion VTec Berhad ( Notion or the Company ) and its subsidiaries ( the Group ), the enhancement

More information

Board Charter. May 2014

Board Charter. May 2014 May 2014 Document History and Version Control Document History Document Title: Board Charter Document Type: Charter Owner: Board [Company Secretary] Description of content: Corporate Governance practices

More information

Audit, Risk Management and Compliance Committee Charter

Audit, Risk Management and Compliance Committee Charter Audit, Risk Management and Compliance Committee Charter Woolworths Limited Adopted by the Board on 27 August 2013 page 1 1 Introduction This Charter sets out the responsibilities, structure and composition

More information

KING III CORPORATE GOVERNANCE COMPLIANCE REGISTER

KING III CORPORATE GOVERNANCE COMPLIANCE REGISTER KING III CORPORATE GOVERNANCE REGISTER CHAPTER 1: ETHICAL LEADERSHIP AND CORPORATE CITIZENSHIP NON 1.1. The board should provide effective leadership based on an ethical foundation 1.2. The board should

More information

Corporate Governance Statement

Corporate Governance Statement The Crown Limited Board is committed to the implementation and maintenance of good corporate governance practices. This Statement sets out the extent to which Crown Limited (Crown) has followed the best

More information

Corporate Governance Statement

Corporate Governance Statement Corporate Governance Statement As at 30 August 2013 The Board of Directors of Geodynamics Limited is responsible for the corporate governance of the Company and is committed to achieving and demonstrating

More information

Appendix 14 CORPORATE GOVERNANCE CODE AND CORPORATE GOVERNANCE REPORT

Appendix 14 CORPORATE GOVERNANCE CODE AND CORPORATE GOVERNANCE REPORT Appendix 14 CORPORATE GOVERNANCE CODE AND CORPORATE GOVERNANCE REPORT The Code This Code sets out the principles of good corporate governance, and two levels of recommendations: code provisions; and recommended

More information

DRAFT TEMPLATE FOR DISCUSSION CORPORATE GOVERNANCE COMPLIANCE STATEMENT

DRAFT TEMPLATE FOR DISCUSSION CORPORATE GOVERNANCE COMPLIANCE STATEMENT DRAFT TEMPLATE FOR DISCUSSION CORPORATE GOVERNANCE COMPLIANCE STATEMENT This template is designed for those companies wishing to report on their compliance with the Code of Corporate Governance of the

More information

For personal use only

For personal use only Ainsworth Game Technology Ltd ABN 37 068 516 665 Corporate Governance Statement as at 30 June 2015 The Company s Approach to Corporate Governance The Company s Board of Directors and management strongly

More information

BOARD CHARTER Link Administration Holdings Limited ("Company") ABN 27 120 964 098

BOARD CHARTER Link Administration Holdings Limited (Company) ABN 27 120 964 098 1. Role of the Board BOARD CHARTER Link Administration Holdings Limited ("Company") ABN 27 120 964 098 This Board Charter sets out the principles for the operation of the board of directors of the Company

More information

APPENDIX 16 CORPORATE GOVERNANCE BEST PRACTICE CODE

APPENDIX 16 CORPORATE GOVERNANCE BEST PRACTICE CODE APPENDIX 16 CORPORATE GOVERNANCE BEST PRACTICE CODE Foreword A B Background: Pursuant to NZSX Listing Rule 10.5.5(h), an Issuer shall disclose in its annual report the extent to which its corporate governance

More information

The Board has also adopted the following governance objectives. 9. To ensure the effective monitoring and management of health and safety.

The Board has also adopted the following governance objectives. 9. To ensure the effective monitoring and management of health and safety. Board Charter November 2016 Introduction This charter and the board committees charters and policies set out the governance requirements for the Spark New Zealand Board. These include the roles and responsibilities,

More information

Corporate Governance Principles and Recommendations

Corporate Governance Principles and Recommendations ASX Corporate Governance Council Corporate Governance Principles and Recommendations 3rd Edition ASX Corporate Governance Council Disclaimer Although Council members and their related bodies corporate

More information

AUDIT AND RISK MANAGEMENT COMMITTEE CHARTER

AUDIT AND RISK MANAGEMENT COMMITTEE CHARTER MASTERMYNE GROUP LIMITED AUDIT AND RISK MANAGEMENT COMMITTEE CHARTER Purpose of Charter 1. The Audit and Risk Management Committee Charter (Charter) governs the operations of the Audit and Risk Management

More information

BOARD CHARTER. a. Ensure that the Company has a corporate governance structure aimed at creating, protecting and prioritising shareholder value; and

BOARD CHARTER. a. Ensure that the Company has a corporate governance structure aimed at creating, protecting and prioritising shareholder value; and BOARD CHARTER 1. Background The Board is responsible for guiding and monitoring Novogen in its operations and activities. Additionally, the Board is responsible for identifying areas of significant business

More information

Issue date: 25 June 2015. Board of Directors Charter

Issue date: 25 June 2015. Board of Directors Charter Issue date: 25 June 2015 Board of Directors Charter Board of Directors Charter Introduction This is the charter of the Board of Directors of the company specified in item 1 of the Schedule and each of

More information

Nomination and Governance Committee Terms of Reference

Nomination and Governance Committee Terms of Reference Nomination and Governance Committee Terms of Reference 16 June 2016 Nomination and Governance Committee Terms of Reference BHP Billiton Limited and BHP Billiton Plc Approved by the Boards of BHP Billiton

More information

Corporate Governance Statement

Corporate Governance Statement Corporate Governance Statement August 2015 Ethane Pipeline Income Fund comprises two registered investment schemes, Ethane Pipeline Income Trust and Ethane Pipeline Income Financing Trust (together the

More information

a) reviews and approves corporate strategies, the annual budget and financial plans;

a) reviews and approves corporate strategies, the annual budget and financial plans; 1. Purpose of the Charter 1.1. This Charter sets out the functions and responsibilities of the Board of ASX Limited ( ASX ) within the governance structure of ASX and its wholly owned entities ( ASX Group

More information

Macquarie Group Limited Board Charter

Macquarie Group Limited Board Charter = Macquarie Group Limited Board Charter 1. ROLE AND RESPONSIBILITIES 1.1 The primary role of the Board of Voting Directors of Macquarie Group Limited ( the Board ) is to promote the long-term health and

More information

Shaping our Future QANTAS CORPORATE GOVERNANCE STATEMENT 2014 QANTAS AIRWAYS LIMITED ABN 16 009 661 901

Shaping our Future QANTAS CORPORATE GOVERNANCE STATEMENT 2014 QANTAS AIRWAYS LIMITED ABN 16 009 661 901 Shaping our Future QANTAS CORPORATE GOVERNANCE STATEMENT 2014 QANTAS AIRWAYS LIMITED ABN 16 009 661 901 CORPORATE GOVERNANCE STATEMENT FOR THE YEAR ENDED 30 JUNE 2014 As at 4 September 2014 OVERVIEW Corporate

More information

KING III PRINCIPLES APPLIED

KING III PRINCIPLES APPLIED 1 1.1 The board should provide effective leadership based on an ethical foundation 1.2. The board should ensure that the company is and is seen to be a responsible corporate citizen 1.3. The board should

More information

BOARD CHARTER TABLE OF CONTENTS 1. PURPOSE 2 2. RESPONSIBILITIES OF THE GRAINCORP BOARD 2 3. BOARD STRUCTURE AND APPOINTMENT 3

BOARD CHARTER TABLE OF CONTENTS 1. PURPOSE 2 2. RESPONSIBILITIES OF THE GRAINCORP BOARD 2 3. BOARD STRUCTURE AND APPOINTMENT 3 TABLE OF CONTENTS 1. PURPOSE 2 2. RESPONSIBILITIES OF THE GRAINCORP BOARD 2 3. BOARD STRUCTURE AND APPOINTMENT 3 4. BOARD S RIGHTS AND RESPONSIBILITIES 4 5. CHAIRMAN 5 6. MANAGING DIRECTOR/CEO 6 7. COMPANY

More information

MARTIN AIRCRAFT COMPANY LIMITED BOARD

MARTIN AIRCRAFT COMPANY LIMITED BOARD 01 CHARTER MARTIN AIRCRAFT COMPANY LIMITED BOARD October 2014 CONTENT Introduction Board responsibilities and delegations Statement of Board composition Appointment and retirement of Directors Committees

More information

KING III COMPLIANCE REGISTER 2015

KING III COMPLIANCE REGISTER 2015 KING COMPLIANCE REGISTER 2015 Partially Not 1.1 The Board should provide effective leadership based on an ethical foundation. Mr Paul Jenkins is currently the executive chairman of MNY. He is a well respected

More information

CORPORATE GOVERNANCE STATEMENT

CORPORATE GOVERNANCE STATEMENT CORPORATE GOVERNANCE STATEMENT The Board is committed to maximising corporate performance, generating appropriate levels of shareholder value and financial returns, and sustaining the growth and success

More information

Board Charter. HCF Life Insurance Company Pty Ltd (ACN 001 831 250) (the Company )

Board Charter. HCF Life Insurance Company Pty Ltd (ACN 001 831 250) (the Company ) Board Charter HCF Life Insurance Company Pty Ltd (ACN 001 831 250) (the Company ) Board approval date: 27 October 2015 Contents 1. Introduction and Purpose of this Charter...1 2. Role of the Board...1

More information

BRISBANE BRONCOS LIMITED AUDIT AND RISK MANAGEMENT CHARTER

BRISBANE BRONCOS LIMITED AUDIT AND RISK MANAGEMENT CHARTER ORGANISATION This charter governs the operations of the Audit and Risk Management Committee. The Committee shall review and reassess the charter at least annually and obtain the approval of the Board of

More information

Finance, Audit and Risk Committee Charter. Bellamy s Australia Limited ACN

Finance, Audit and Risk Committee Charter. Bellamy s Australia Limited ACN Finance, Audit and Risk Committee Charter Bellamy s Australia Limited ACN 124 272 208 1 Finance, Audit and Risk Committee Charter The Finance, Audit and Risk Committee (Committee) is established under

More information

Corporate governance. ASX Corporate Governance Principles and Recommendations. The Board of directors. Performance

Corporate governance. ASX Corporate Governance Principles and Recommendations. The Board of directors. Performance The Board of directors of the Company is responsible for the governance of the Company and its controlled entities (the Group). Good corporate governance is a fundamental part of the culture and business

More information

Audit and Risk Committee Charter. 1. Membership of the Committee. 2. Administrative matters

Audit and Risk Committee Charter. 1. Membership of the Committee. 2. Administrative matters Audit and Risk Committee Charter The Audit and Risk Committee (the Committee ) is a Committee of the Board established with the specific powers delegated to it under Clause 8.15 of the Company s Constitution

More information

NOMINATION AND GOVERNANCE COMMITTEE TERMS OF REFERENCE

NOMINATION AND GOVERNANCE COMMITTEE TERMS OF REFERENCE NOMINATION AND GOVERNANCE COMMITTEE TERMS OF REFERENCE Brief description Defines the Terms of Reference for the Nomination and Governance Committee. BHP Billiton Limited & BHP Billiton Plc BHP Billiton

More information

Application of King III Corporate Governance Principles

Application of King III Corporate Governance Principles APPLICATION of KING III CORPORATE GOVERNANCE PRINCIPLES 2013 Application of Corporate Governance Principles This table is a useful reference to each of the principles and how, in broad terms, they have

More information

WSP GLOBAL INC. AMENDED AND RESTATED CORPORATE GOVERNANCE GUIDELINES

WSP GLOBAL INC. AMENDED AND RESTATED CORPORATE GOVERNANCE GUIDELINES WSP GLOBAL INC. AMENDED AND RESTATED CORPORATE GOVERNANCE GUIDELINES MARCH 2015 TABLE OF CONTENTS 3 WSP GLOBAL INC. 3 INTRODUCTION 3 A.BOARD RESPONSIBILITIES 3 B. EXPECTATIONS OF DIRECTORS 4 C. BOARD ORGANIZATION

More information

ORICA LIMITED 1) THE BOARD - 2) BOARD COMMITTEES - 3) CHAIRMAN - 4) MANAGING DIRECTOR & CEO

ORICA LIMITED 1) THE BOARD - 2) BOARD COMMITTEES - 3) CHAIRMAN - 4) MANAGING DIRECTOR & CEO ORICA LIMITED 1) THE BOARD - Powers, Duties and Responsibilities 2) BOARD COMMITTEES - Overview 3) CHAIRMAN - Remit 4) MANAGING DIRECTOR & CEO - Remit DEFINITIONS In these documents: the Company means

More information

CORPORATE GOVERNANCE - BOARD CHARTER PART A DEFINING GOVERNANCE ROLES

CORPORATE GOVERNANCE - BOARD CHARTER PART A DEFINING GOVERNANCE ROLES CORPORATE GOVERNANCE - BOARD CHARTER PART A DEFINING GOVERNANCE ROLES 1. ROLE OF THE BOARD 1.1 Function The Board of Directors of Exalt Resources Limited have approved the following charter formalising

More information

Corporate governance Report

Corporate governance Report Clicks Group corporate governance report 2015 Corporate governance Report Clicks Group aims to achieve high standards of corporate governance and adopts stringent compliance with legislation, regulation

More information

HIGHFIELD RESOURCES LIMITED AUDIT, BUSINESS RISK & COMPLIANCE COMMITTEE CHARTER

HIGHFIELD RESOURCES LIMITED AUDIT, BUSINESS RISK & COMPLIANCE COMMITTEE CHARTER HIGHFIELD RESOURCES LIMITED AUDIT, BUSINESS RISK & COMPLIANCE COMMITTEE CHARTER HIGHFIELD RESOURCES LTD AUDIT, BUSINESS RISK & COMPLIANCE COMMITTEE CHARTER PART 1 - PRELIMINARY 1. Introduction 1.1 The

More information

Corporate Governance Committee Charter. DIRTT Environmental Solutions

Corporate Governance Committee Charter. DIRTT Environmental Solutions Corporate Governance Committee Charter DIRTT Environmental Solutions Approved October 17, 2013 A. Responsibility The Corporate Governance Committee is responsible for assisting the Board of Directors (the

More information

Mount Gibson Iron Limited Corporate Governance Policies and Practices Manual Shareholder Communication Policy

Mount Gibson Iron Limited Corporate Governance Policies and Practices Manual Shareholder Communication Policy 1 Introduction 1.1 Mount Gibson Iron Limited (the Company) is committed to the following objectives: (d) (e) Ensuring that shareholders and the market are provided with full and timely information about

More information

Application of King III Corporate Governance Principles

Application of King III Corporate Governance Principles Application of Corporate Governance Principles Application of Corporate Governance Principles This table is a useful reference to each of the principles and how, in broad terms, they have been applied

More information

ASX Corporate Governance Council

ASX Corporate Governance Council ASX Corporate Governance Council Principles of Good Corporate Governance and Best Practice Recommendations March 2003 Foreword The ASX Corporate Governance Council was formed on 15 August 2002, bringing

More information

BRIT Limited MEMORANDUM ON CORPORATE GOVERNANCE

BRIT Limited MEMORANDUM ON CORPORATE GOVERNANCE 1 BRIT Limited MEMORANDUM ON CORPORATE GOVERNANCE INTRODUCTION Brit Limited ( the Company ) endorses the statement in the UK Corporate Governance Code (the UK Code ) that the purpose of Corporate Governance

More information