Terragen Holdings Limited has updated its corporate governance framework, including a code of conduct, whistleblower policy, and anti-bribery and corruption policy, to reinforce ethical and lawful business practices. The company’s Board has adopted a code of conduct that sets out the values, commitments, ethical standards, and policies of Terragen, applicable to all directors, senior executives, and employees. The code is available on Terragen’s website at https://investors.terragen.com.au/investor-centre/?page=corporate-governance.
Material actions and disclosures
Terragen has also adopted a whistleblower policy and an anti-bribery and corruption policy, both available on the company’s website. The company encourages directors, senior executives, and employees to report any breaches of these policies to the Company Secretary, who ensures that the Board is informed of any material breaches.
Terragen has a diversity policy in place, setting measurable objectives for achieving gender diversity in the composition of its board, senior executives, and workforce. The company aims to have at least one female Director and one female senior executive or senior manager, and at least one female will be interviewed for all advertised management positions. The respective proportions of women on the board, in senior executive positions, and across the whole organisation as at 30 June 2026 were 20%, 33%, and 41%, respectively.
The Board Charter sets out a process for performance evaluation, with the Chair determining the evaluation criteria and process, with inputs from the Remuneration and Nomination Committee (or, in its absence, the Board). The Board reviewed its Board Skillset Matrix and reviewed the formal Board evaluation from June 2025 in the first quarter of FY26. In February 2026, Dr. Michele Allan AO was appointed as Chair of the Board and a formal Board evaluation is scheduled to take place in the first half of the 2027 financial year.
Forward commitments
Terragen has committed to periodically reviewing and updating its risk management framework and disclosing any material risks facing the company in its annual report or elsewhere as appropriate.