Kingsrose Mining Limited has detailed its corporate governance framework for the financial year ended 30 June 2026, outlining compliance with ASX Corporate Governance Council recommendations. The company has established a comprehensive suite of policies and procedures, including a board charter, audit and risk committee charter, and a health, safety, and sustainability committee charter.
Material actions and disclosures
The company has fully complied with recommendations 1.1, 3.3, 3.4, 4.1, 7.2, 7.3, and 7.4 during the reporting period. Notably, the company has a whistleblower policy and an anti-bribery and corruption policy, both of which are disclosed on its website. Additionally, the company has a robust risk management framework overseen by the Audit and Risk Committee and the Health, Safety & Sustainability Committee.
The company also has a diversity policy in place, although it did not set measurable objectives for achieving gender diversity in the composition of its board and workforce generally. As of 30 June 2026, none of the board members or senior executives were female, while 43% of the company’s entire workforce of 14 people were female.
During the reporting period, the company did not have a formal internal audit function, but the Audit and Risk Committee oversees the effectiveness of risk management and internal control processes.
Forward commitments
Subsequent to the reporting period, the company appointed James Withall as a member to the Audit and Risk Committee, bringing the committee back to its required composition of three members.
The company is committed to administering its corporate governance plan with openness and integrity, pursuing the true spirit of corporate governance commensurate with its needs. As the company’s activities develop in scale and complexity, the implementation of additional corporate governance policies and structures will be considered.
These actions and disclosures reflect the company’s commitment to sound corporate governance practices and its ongoing efforts to manage and mitigate risks effectively.