Cullen Resources Limited has updated its Corporate Governance Statement, outlining its adherence to ASX Corporate Governance Council principles and recommendations for the financial year ended 30 June 2026. The company disclosed its commitment to governance, including the lack of a nomination committee and the processes employed to address board succession issues.
Material Actions and Disclosures
The company disclosed its diversity policy, including measurable objectives for achieving gender diversity in the composition of its board, senior executives, and workforce. It also disclosed its process for evaluating the performance of the board, its committees, and individual directors.
Cullen Resources Limited has also disclosed its values, code of conduct, whistleblower policy, and anti-bribery and corruption policy. The company ensures that the board or a committee of the board is informed of any material breaches of these policies.
Additionally, the company disclosed its process to verify the integrity of any periodic corporate report it releases to the market that is not audited or reviewed by an external auditor.
The company disclosed whether it has any material exposure to environmental or social risks and how it manages or intends to manage those risks.
Cullen Resources Limited has also disclosed its continuous disclosure compliance policy and the processes it employs to ensure timely and balanced disclosure.
The company respects the rights of security holders by providing information about itself and its governance via its website and facilitating effective two-way communication with investors.
Cullen Resources Limited has disclosed its process to oversee risk management, including the review of the entity’s risk management framework annually.
Finally, the company has disclosed its process to ensure the integrity of its corporate reporting, including the processes for the appointment and removal of the external auditor and the rotation of the audit engagement partner.
These disclosures reflect Cullen Resources Limited’s commitment to transparency and accountability in its corporate governance practices.