Corporate Governance
In developing and adopting the Practices, the Board considered the fourth edition of the ASX Corporate Governance Principles and Recommendations. The Board incorporates the Principles and Recommendations into its Practices to the extent that they are appropriate, taking into account the Company’s size, activities and resources. The Board has adopted the following Charters, Policies and Codes: THE BOARD CHARTER The Board Charter sets out matters relating to the responsibilities of the Board and its directors and matters relating to the composition of the Board and appointment of directors. BOARD COMMITTEES AND THEIR CHARTERS In order to better manage its responsibilities, the Board has established an Audit and Risk Committee and a Remuneration Committee. Each committee has adopted a Charter approved by the Board. POLICIES AND CODES OF CONDUCT The Company has adopted Policies and Codes of Conduct which are available on the Company’s website. CORPORATE GOVERNANCE STATEMENT AND APPENDIX 4G The Company reports on an annual basis, its compliance and/ or reasons for non-compliance with the fourth edition of the ASX Corporate Governance Principles and Recommendations. The Corporate Governance Statement and the Appendix 4G have been released on the ASX The Corporate Governance Statement and the Appendix 4G have been released on the ASX Announcements platform and are on the Company’s website. Further information on the above Charters Policies and Codes can be found on the Company’s website www.saundersint.com/investors/corporate-governance/.
Annual Report 2023 93
Made with FlippingBook - Online Brochure Maker