Western Yilgarn NL has updated its corporate governance policies and practices, including the appointment of joint company secretaries and the implementation of a diversity policy. The company’s latest corporate governance policies now require all directors and senior executives to enter into formal written agreements setting out the terms of their appointments. Additionally, the company has appointed Johnathon Busing and Kieran Witt as joint company secretaries, who are accountable directly to the Board through the Chair on all matters related to the proper functioning of the Board.
Material actions and disclosures
The company has adopted a diversity policy that provides a framework for establishing and achieving measurable diversity objectives, including gender diversity. However, the Board has not set measurable gender diversity objectives to date, given the company’s small size and board composition, and its policy of appointing the most suitable candidate for any role. The company will seek to develop a framework to report progress against diversity objectives as it continues to grow.
Western Yilgarn NL also has a code of conduct, whistleblower policy, and anti-bribery and anti-corruption policy in place, all of which are available on the company’s website. Material breaches and incidents under these policies are reported to the Board.
The company’s Corporate Governance Policies provide for an Audit and Risk Committee if considered beneficial, but none has been constituted given the Board’s size. The full Board carries out this role. The company’s auditor, Stantons International Audit and Consulting Pty Ltd, was appointed following the resignation of the previous auditor, In.Corp Audit and Assurance Pty Ltd, and this appointment was ratified by shareholders at the Annual General Meeting held on 25 November 2025.
The company’s CEO and CFO provide a section 295A declaration to the Board before each financial report is approved, and periodic reports not subject to audit are prepared by the outsourced accountant, reviewed by the Managing Director (or Chairman), and approved by the Board before release to ASX.
The company does not have an internal audit function, but the Board works collectively to identify and manage operational, financial, and compliance risks. The company also discloses whether it has any material exposure to environmental or social risks and how it manages or intends to manage those risks.
Western Yilgarn NL’s Corporate Governance Statement is accurate and up to date as at 23 September 2026 and has been approved by the board.