Rand Mining Limited has disclosed its corporate governance policies and practices in line with the ASX Corporate Governance Council recommendations. The company has outlined its values, code of conduct, whistleblower policy, and anti-bribery and corruption policy, ensuring a culture of acting lawfully, ethically, and responsibly.
Material actions and disclosures
Rand Mining Limited has disclosed its values and ethical standards, including a code of conduct for directors, senior executives, and employees. The company has also disclosed its whistleblower policy and anti-bribery and corruption policy, ensuring that the board or a committee is informed of any material breaches or incidents reported under these policies.
The company has also disclosed its diversity policy, setting measurable objectives for achieving gender diversity in the composition of its board, senior executives, and workforce. Additionally, Rand Mining Limited has disclosed its process for periodically evaluating the performance of the board, its committees, and individual directors.
Rand Mining Limited has also disclosed its process for evaluating the performance of its senior executives at least once every reporting period. The company has disclosed its continuous disclosure compliance policy and its process for verifying the integrity of any periodic corporate report released to the market.
Furthermore, the company has disclosed its risk management framework, including the processes it employs for overseeing the entity’s risk management framework. Rand Mining Limited has also disclosed whether it has any material exposure to environmental or social risks and how it manages or intends to manage those risks.
Rand Mining Limited has disclosed its process for ensuring that all substantive resolutions at meetings of security holders are decided by a poll rather than by a show of hands. The company has also disclosed that it gives security holders the option to receive communications from, and send communications to, the entity and its security registry electronically.
Rand Mining Limited has disclosed its process for respecting the rights of security holders, including providing information about itself and its governance to investors via its website and having an investor relations program that facilitates effective two-way communication with investors.
Rand Mining Limited has disclosed its remuneration policies and practices regarding the remuneration of non-executive directors and the remuneration of executive directors and other senior executives.
Rand Mining Limited has disclosed its commitment to corporate governance and the steps it has taken to ensure compliance with the ASX Corporate Governance Council recommendations.