Rules 4.7.3 and 4.10.31
Appendix 4G Key to Disclosures Corporate Governance Council Principles and Recommendations Name of entity:Australian Agricultural Company Limited
ABN / ARBN: Financial year ended:15 010 892 270 31 March 2016
Our corporate governance statement2 for the above period above can be found at:3
☒ | These pages of our annual report: | Pages 34 to 46 |
☐ | This URL on our website: |
The Corporate Governance Statement is accurate and up to date as at 25 May 2016 and has been approved by the board.
The annexure includes a key to where our corporate governance disclosures can be located.
Date: 25 May 2016
Name of Director authorising lodgement: Donald McGauchie, Chairman
1 Under Listing Rule 4.7.3, an entity must lodge with ASX a completed Appendix 4G at the same time as it lodges its annual report with ASX.
Listing Rule 4.10.3 requires an entity that is included in the official list as an ASX Listing to include in its annual report either a corporate governance statement that meets the requirements of that rule or the URL of the page on its website where such a statement is located. The corporate governance statement must disclose the extent to which the entity has followed the recommendations set by the ASX Corporate Governance Council during the reporting period. If the entity has not followed a recommendation for any part of the reporting period, its corporate governance statement must separately identify that recommendation and the period during which it was not followed and state its reasons for not following the recommendation and what (if any) alternative governance practices it adopted in lieu of the recommendation during that period.
Under Listing Rule 4.7.4, if an entity chooses to include its corporate governance statement on its website rather than in its annual report, it must lodge a copy of the corporate governance statement with ASX at the same time as it lodges its annual report with ASX. The corporate governance statement must be current as at the effective date specified in that statement for the purposes of rule 4.10.3.
2 "Corporate governance statement" is defined in Listing Rule 19.12 to mean the statement referred to in Listing Rule 4.10.3 which discloses the extent to which an entity has followed the recommendations set by the ASX Corporate Governance Council during a particular reporting period.
3 Mark whichever option is correct and then complete the page number(s) of the annual report, or the URL of the web page, where the entity's corporate governance statement can be found. You can, if you wish, delete the option which is not applicable.
Throughout this form, where you are given two or more options to select, you can, if you wish, delete any option which is not applicable and just retain the option that is applicable. If you select an option that includes "OR" at the end of the selection and you delete the other options, you can also, if you wish, delete the "OR" at the end of the selection.
Page 1
ANNEXURE - KEY TO CORPORATE GOVERNANCE DISCLOSURESCorporate Governance Council recommendation | We have followed the recommendation in full for the whole of the period above. We have disclosed … | |
PRINCIPLE 1 - LAY SOLID FOUNDATIONS FOR MANAGEMENT AND OVERSIGHT | ||
1.1 | A listed entity should disclose:
| … the fact that we follow this recommendation: ☒ in our Corporate Governance Statement OR AND … and information about the respective roles and responsibilities of our board and management (including those matters expressly reserved to the board and those delegated to management): ☒ in the Board Charter at http://www.aaco.com.au/investors-and-media/corporate-governance |
1.2 | A listed entity should:
| … the fact that we follow this recommendation: ☒ in our Corporate Governance Statement OR AND ☒ at this location: 1.2(a): Corporate Governance Statement 1.2(b): All material information relevant to a decision on whether or not to elect or re-elect a director is found in AACo's Notice of Annual General Meeting. |
1.3 | A listed entity should have a written agreement with each director and senior executive setting out the terms of their appointment. | … the fact that we follow this recommendation: ☒ in our Corporate Governance Statement OR
|
1.4 | The company secretary of a listed entity should be accountable directly to the board, through the chair, on all matters to do with the proper functioning of the board. | … the fact that we follow this recommendation: ☒ in our Corporate Governance Statement OR
|
Corporate Governance Council recommendation | We have followed the recommendation in full for the whole of the period above. We have disclosed … | |
1.5 | A listed entity should:
| … the fact that we have a diversity policy that complies with paragraph (a): ☒ in our Corporate Governance Statement OR
… and a copy of our diversity policy or a summary of it: ☒ at this location: http://www.aaco.com.au/investors-and-media/corporate-governance … and the measurable objectives for achieving gender diversity set by the board or a relevant committee of the board in accordance with our diversity policy and our progress towards achieving them: ☒ in our Corporate Governance Statement OR … and the information referred to in paragraphs (c)(1) or (2): ☒ in our Corporate Governance Statement OR |
1.6 | A listed entity should:
| … the evaluation process referred to in paragraph (a): ☒ in our Corporate Governance Statement OR
… and the information referred to in paragraph (b): ☒ in our Corporate Governance Statement OR |
1.7 | A listed entity should:
| … the evaluation process referred to in paragraph (a):
☒ at this location: 'Remuneration Report' section of AACo's 2016 Annual Report … and the information referred to in paragraph (b): ☒ at this location: 'Remuneration Report' section of AACo's 2016 Annual Report |
Corporate Governance Council recommendation | We have followed the recommendation in full for the whole of the period above. We have disclosed … | |
PRINCIPLE 2 - STRUCTURE THE BOARD TO ADD VALUE | ||
2.1 | The board of a listed entity should:
| [If the entity complies with paragraph (a):] … the fact that we have a nomination committee that complies with paragraphs (1) and (2): ☒ in our Corporate Governance Statement OR
… and a copy of the charter of the committee: ☒ at this location: http://www.aaco.com.au/investors-and-media/corporate-governance … and the information referred to in paragraphs (4) and (5): ☒ in our Corporate Governance Statement OR AND ☒ at this location: 2.1(a)(4): Corporate Governance Statement 2.1(a)(5): 'Directors Report' section of AACo's 2016 Annual Report |
2.2 | A listed entity should have and disclose a board skills matrix setting out the mix of skills and diversity that the board currently has or is looking to achieve in its membership. | … our board skills matrix: ☒ in our Corporate Governance Statement OR
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2.3 | A listed entity should disclose:
| … the names of the directors considered by the board to be independent directors: ☒ in our Corporate Governance Statement OR
… and, where applicable, the information referred to in paragraph (b): ☒ in our Corporate Governance Statement OR … and the length of service of each director: ☒ in our Corporate Governance Statement OR |
AAco - Australian Agricultural Company Limited published this content on 25 May 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 25 May 2016 01:45:08 UTC.
Original documenthttp://www.aaco.com.au/media/152802/5_-_asx_appendix_4g_-_final.pdf
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