WOTSO has updated its corporate governance and compliance policies, including a code of conduct, whistleblower policy, and anti-bribery and corruption policy. The company has also disclosed the roles and responsibilities of its audit committee and the measures it takes to safeguard the integrity of its corporate reporting.
Material actions and disclosures
The Group has adopted a Code of Conduct, which is available on WOTSO’s website. The Board is notified of any material breaches of this code. Additionally, WOTSO has a Whistleblower Policy and a Fraud, Corruption & Bribery Prevention Policy, both of which are available on the company’s website. The Board is informed of any material incidents or breaches under these policies.
The Group has an audit committee consisting of two non-executive directors, Richard Hill (Chairman) and Paul Tresidder. The audit committee met four times during the reporting period, and both directors attended all meetings. The Group has not adopted recommendation 4.1 given the composition of the Board and the size of the Group.
The Group’s gender composition is set out below:
| Female | Male |
|---|---|
| 1 (25%) | 3 (75%) |
| 3 (75%) | 1 (25%) |
| 95 (84%) | 18 (16%) |
The Group has adopted a Diversity & Inclusion Policy, which is available on WOTSO’s website.
The Company Secretary is responsible for timely preparation and distribution of Board papers, attendance at Board meetings and minute-taking, and maintaining policies and procedures.
The Group has an internal audit function which evaluates the reliability and integrity of information and information systems, and systems established to ensure compliance with policies, plans, procedures, and relevant laws and regulations.
The Group’s material exposure to economic risks and social risks, and the ways in which the Group manages the risks, is disclosed in the Group’s annual report, which is available on WOTSO’s website.
WOTSO’s Corporate Governance Statement is accurate and up to date as at 30 June 2026 and has been approved by the board.