Silver Mines Limited has announced enhancements to its corporate governance and anti-bribery policies, aligning with the Australian Securities Exchange’s Corporate Governance Principles and Recommendations. The Group has established an anti-bribery and corruption policy as part of its Code of Conduct, available on the company’s website. The Board is informed of any material breaches of this policy as soon as practicable following such a report. Additionally, the Group has a whistleblower policy to ensure it is living up to its values and meets legislated requirements.
Material Actions and Disclosures
The Group has a comprehensive Code of Conduct that sets out practices necessary to maintain confidence in the Group’s integrity, take into account its legal obligations, and meet the reasonable expectations of its stakeholders. The Code of Conduct is available on the Group’s website. The Group also has a whistleblower policy to independently verify and safeguard the integrity of its corporate reporting.
The Group has an Audit and Risk Committee, which was comprised of an independent Chair (Mr Robert Dennis) and two independent non-executive director members (Ms Kristen Podagiel and Mr Keith Perrett) as at 30 June 2026. The Committee has at least three members, all of whom are non-executive directors, with a majority being independent directors. The Committee is chaired by an independent director who is not the chair of the board.
Forward Commitments
The Group aims to continue strengthening its corporate governance practices and enhancing its commitment to ethical and responsible business conduct. The Group will continue to monitor and disclose any material breaches of its policies and will ensure that the Board is informed of any such incidents promptly.
Silver Mines Limited will continue to review and update its policies and practices to ensure compliance with the ASX Corporate Governance Principles and Recommendations and to maintain a strong corporate governance framework.