Investors

Corporate Governance

Board Charter

Updated: 26 August 2021

The Board of Directors (Board) of Global Energy Ventures Ltd (GEV or Company) is responsible for the overall corporate governance of the Company and its subsidiary companies (Group). The Board governs all matters relating to the strategic direction, policies, practices, management, and operations of the Group, with the objective of protecting the interests of shareholders and other stakeholders, including employees, clients, and suppliers, and creating value for each of them.

The Board has implemented the Corporate Governance Principles and Recommendations of the ASX Corporate Governance Council to the extent considered appropriate for the size and nature of the Company’s current operations.

The linked document below summarises the Group’s compliance status with the Corporate Governance Council’s Corporate Governance Principles and Recommendations 4th Edition, with any exceptions disclosed and the reasons provided for not following the recommendations.

The Company has adopted a Corporate Governance framework which provides the written terms of reference for the Company’s corporate governance duties.

This Statement is current as of 26th of August 2021 and has been approved by the Company’s Board of Directors. A copy of the Corporate Governance Statement is available here.

The Board Charter and Policies referenced in this Statement are accessible here.