The Board may from time to time establish appropriate committees to assist in the discharge of its responsibilities.  The Board has established an Audit Committee, a Risk Committee and a Remuneration and Nomination Committee.

Other committees may be established by the Board as and when required.  Membership of Board committees will be based on the needs of the Company, relevant legislative and other requirements, and the skills and experience of individual Directors.

Audit Committee

The role of the Audit Committee is to assist the Board in fulfilling its responsibilities for corporate governance and overseeing the Company’s financial reporting and internal and external audit functions.  This includes confirming the quality and reliability of the financial information prepared by the Company, working with the external auditor on behalf of the Board and reviewing non-audit services provided by the external auditor to confirm they are consistent with maintaining external audit independence.

The Company will comply with the recommendations set by the ASX Corporate Governance Council in relation to the composition and operation of the Committee.  The Committee will comprise of Mark Haberlin (Chair), Michael Stanford and Andrew Dutton.

View our Audit Committee Charter

Risk Committee

The role of the Risk Committee is to assist the Board in fulfilling its responsibilities for corporate governance, Clinical Governance and overseeing the Company’s internal control structure and risk management systems.

The Risk Committee provides advice to the Board and reports on the status and management of the risks to the Company.  The purpose of the Committee’s risk management process is to assist the Board in relation to risk management policies (including Clinical Governance), procedures and systems and ensure that risks are identified, assessed and appropriately managed.

The Company will comply with the recommendations set by the ASX Corporate Governance Council in relation to the composition and operation of the Committee. The Committee will comprise of Michael Stanford (Chair), Leanne Rowe and Mark Haberlin.

View our Risk Committee Charter

Remuneration and Nomination Committee

The role of the Remuneration and Nomination Committee is to assist the Board in fulfilling its responsibilities for corporate governance and overseeing the Company’s remuneration and nomination policies and practices which enable it to attract and retain senior executives of the Group and appropriately align their interests with those of key stakeholders

This includes reviewing and making recommendations to the Board on remuneration packages and policies related to the Directors and senior executives. The Remuneration and Nomination Committee is also responsible for administering short term and long term incentive plans (including any equity plans).  In addition, the Committee is responsible for reviewing and making recommendations in relation to the composition and performance of the Board and its committees and ensuring that adequate succession plans are in place (including for the recruitment and appointment of Directors and senior management).  Independent advice will be sought where appropriate.

The Company will comply with the recommendations set by the ASX Corporate Governance Council in relation to the composition and operation of the Committee.  The Committee will comprise of Andrew Dutton (Chair), Nathanial Thomson and Leanne Rowe.

View our Remuneration and Nomination Committee Charter

 

Last updated 28/04/21