Rules 4.7.3 and 4.10.31
Name of entity
Woodside Petroleum Ltd
ABN/ARBN Financial year ended
55 004 898 962
31 December 2015
Our corporate governance statement2 for the above period above can be found at:3
these pages of our annual report:
this URL on our website: www.woodside.com.au/Working‐Sustainably/governance‐and‐compliance
The Corporate Governance Statement is accurate and up to date as at 17 February 2016 and has been approved by the board.
The annexure includes a key to where our corporate governance disclosures can be located. Date here: 17 February 2016
Sign here:
Director/company secretary
Print name: Warren Baillie
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.
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 … | We have NOT 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
Insert location here … 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): at this location: Section 2.1 of the Corporate Governance Statement Insert location here |
|
1.2 | A listed entity should:
| … the fact that we follow this recommendation: in our Corporate Governance Statement OR
Insert location here |
|
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
Insert location here |
|
Corporate Governance Council recommendation | We have followed the recommendation in full for the whole of the period above. We have disclosed … | We have NOT followed the recommendation in full for the whole of the period above. We have disclosed … | |
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
Insert location here |
|
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
Insert location here … and a copy of our diversity policy or a summary of it: at this location: http://www.woodside.com.au/Working‐ Sustainably/governance‐and‐ compliance/Pages/Policies‐Procedures.aspx Insert location here … 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 Insert location here … and the information referred to in paragraphs (c)(1) or (2): 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 … | We have NOT followed the recommendation in full for the whole of the period above. We have disclosed … | |
Insert location here | |||
1.6 | A listed entity should:
| … the evaluation process referred to in paragraph (a): in our Corporate Governance Statement OR
Insert location here … and the information referred to in paragraph (b): in our Corporate Governance Statement OR Insert location here |
|
1.7 | A listed entity should:
| … the evaluation process referred to in paragraph (a): in our Corporate Governance Statement OR
Insert location here … and the information referred to in paragraph (b): in our Corporate Governance Statement OR Insert location here |
|
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): |
|
Woodside Petroleum Ltd. issued this content on 16 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 16 February 2016 21:54:24 UTC
Original Document: http://www.woodside.com.au/Investors-Media/announcements/Documents/17.02.2016 Appendix 4G.pdf