Corporate Governance
The Board of Ten Sixty Four is responsible for the creation and protection of shareholder wealth and has established a corporate governance structure, that incorporates comprehensive systems of control and accountability as the basis for the proper administration of corporate governance.
Ten Sixty Four, as a listed entity, must comply with the Corporations Act 2001(Cth) (“Corporations Act”), the Australian Securities Exchange (“ASX”) Listing Rules (“ASX Listing Rules”) and other Australian and international legal, regulatory and governance requirements.
The Board of Directors of the Company (“Board”) is committed to achieving and maintaining high standards of corporate governance. The Board operates in accordance with a set of corporate governance principles that take into account the relevant good practice recommendations. These include the ASX Corporate Governance Council’s (“ASXCGC”) third edition of the Corporate Governance Principles and Recommendations (“ASXCGC Recommendations”).
The following policies, charters and codes have been adopted by the Board
Board Charter
The Board Charter deals with the composition, roles and responsibilities of the Board and the Board’s interaction with the Committees of the Board.
The Board Committee currently comprises the following Committee Members:
Code of Conduct
The Code of Conduct which must be observed by all Directors, employees, consultants and any other person when they represent Ten Sixty Four.
Company Values
The Core Values of the Company that links our business activities to our environmental, social and governance responsibilities.
Continuous Disclosure Policy
The Code of Conduct which must be observed by all Directors, employees, consultants and any other person when they represent Ten Sixty Four.
Risk Management Policy
The Code of Conduct which must be observed by all Directors, employees, consultants and any other person when they represent Ten Sixty Four.
Committee Charters
Audit Committee Charter
The Audit Committee Charter is designed to assist the Board in fulfilling its corporate governance responsibilities in respect to legal and regulatory obligations, establishment and maintenance of internal control, reliability and integrity of financial information and audit, accounting and financial obligations.
The Audit Committee currently comprises the following Committee Members:
Remuneration Committee Charter
The Remuneration Committee Charter is designed to assist the Board in fulfilling its corporate governance responsibilities with respect to remuneration.
The Remuneration Committee currently comprises the following Committee Members:
Nomination Committee Charter
The Nomination Committee Charter is designed to assist the Board in fulfilling its Corporate Governance Responsibilities with respect to:
- monitoring the size and composition of the Board;
- recommending individuals for nomination as members of the Board and Committees;
- reviewing the performance of the Board to ensure that its members remain committed and are adequately discharging their duties and responsibilities; and
- undertaking appropriate checks before appointing senior executives.
The Nomination Committee currently comprises the following Committee Members:
Safety Health and Environment Committee Charter
The Safety, Health and Environment Committee (“SHE”) was established to assist the Board in fulfilling its corporate governance responsibilities with respect to safety, health and environment. The “SHE” Committee currently comprises the following Committee Members:
Shareholder Communications Policy
This policy designed to promote effective communication with shareholders and encourage effective participation at General Meetings.
Whistleblower Policy
This policy was established to encourage and support individuals to report suspected wrongdoing.
Anti Bribery and Corruption Policy
All the Company’s directors, employees, contractors, consultants and other business partnersand their employees (“Associated Persons”) must be aware of and comply with applicableanti-bribery and corruption laws and this policy.
