Breville Group Limited has disclosed its adherence to various corporate governance principles, including the appointment of Lawrence Myers as Lead Independent Director in 2014 and as Deputy Chair in August 2021. The company also detailed its policies on remuneration, anti-bribery and corruption, and continuous disclosure compliance.
Material actions and disclosures
The company disclosed a diversity policy and the evaluation process for achieving gender diversity. It also outlined its board skills matrix, anti-bribery and corruption policy, and continuous disclosure compliance policy. Additionally, Breville Group detailed its risk management framework and the processes for evaluating and improving risk management and internal control.
The company disclosed the names of independent directors and their length of service, as well as the policies on the remuneration of non-executive directors and executive directors. It also provided information on the remuneration of participants in equity-based remuneration schemes.
Breville Group does not have an internal audit function and instead employs processes for evaluating and continually improving the effectiveness of its risk management and internal control processes.
The company disclosed the number of times the audit committee, nomination committee, remuneration committee, and risk committee met and the individual attendances of the members.
The board evaluated the performance of senior executives and reviewed the risk management framework during the reporting period.
Forward commitments
The company plans to continue disclosing the number of times the audit committee, nomination committee, remuneration committee, and risk committee met and the individual attendances of the members.
Breville Group also aims to disclose the number of times the board evaluated the performance of senior executives and reviewed the risk management framework.