The Company has developed a Code of Conduct that incorporates a statement of corporate ethics, establishing the professional standards of behaviour required by Directors, management and staff in the conduct of the Company’s affairs and a Trading Policy that sets the guidelines for trading of the Company’s shares by Directors and employees.

The key objectives of the Company’s corporate governance ensure that:

• the board effectively fulfils its core responsibility for determining Company direction and strategy together with monitoring its performance;
• the Company’s internal controls and reporting procedures are adequate and effective and necessary procedures are in place to measure risk; and
• the Company’s personnel comply the appropriate ethical standards.

To assist in the discharge of its responsibilities the Board has established an Audit Committee, a Remuneration and Nomination Committee and an Environmental, Health and Safety Committee. The Audit Committee is responsible for determining the appropriateness and effectiveness of internal and external audit procedures, reviewing compliance with statutory financial requirements and ensuring that the system of control safeguards is effective. The Remuneration and Nomination Committee is responsible for recommending appropriate candidates for appointment to the Board, reviewing salaries for the Managing Director and other senior executives, developing incentive schemes and reviewing non-executive Director remuneration against market levels.

To ensure that the Board and its committees discharge their responsibilities in an appropriate manner, the Chairman reviews the performance of all Directors and the committees annually.

The following Company policies are available to be viewed as PDF files:

:: Board Charter
:: Health, Safety & Environment Committee Charter
:: Remuneration & Nomination Committee Charter
:: Audit Committee Charter
:: Code of Conduct
:: Trading Policy