PYC THERAPEUTICS LIMITED — Governance Information 2016

Aug 29, 2016

PHYLOGICA LIMITED ACN 098 391 961 (Company)

Corporate Governance Statement – 29th August 2016

1.1ASX Corporate Governance Council Principles and Recommendations

Our Company has adopted comprehensive systems of control and accountability as the basis for the administration of corporate governance. The Board is committed to administering the policies and procedures with openness and integrity, pursuing the true spirit of corporate governance commensurate with the Company's needs.

To the extent applicable, our Company has adopted The Corporate Governance Principles and Recommendations (3rd Edition) as published by ASX Corporate Governance Council (Recommendations).

In light of the Company's size and nature, the Board considers that the current board is a cost effective and practical method of directing and managing the Company. As the Company's activities develop in size, nature and scope, the size of the Board and the implementation of additional corporate governance policies and structures will be reviewed.

The Company's main corporate governance policies and practices as at the date of this statement are outlined below and the Company's full Corporate Governance Plan is available in a dedicated corporate governance information section of the Company's website (www.phylogica.com).

Board of directors

The Board is responsible for corporate governance of the Company. The Board develops strategies for the Company, reviews strategic objectives and monitors performance against those objectives. The goals of the corporate governance processes are to:

• (a) maintain and increase Shareholder value;
• (b) ensure a prudential and ethical basis for the Company's conduct and activities; and
• (c) ensure compliance with the Company's legal and regulatory objectives.

Consistent with these goals, the Board assumes the following responsibilities:

• (a) developing initiatives for profit and asset growth;
• (b) reviewing the corporate, commercial and financial performance of the Company on a regular basis;
• (c) acting on behalf of, and being accountable to, the Shareholders; and
• (d) identifying business risks and implementing actions to manage those risks and corporate systems to assure quality.

The Company is committed to the circulation of relevant materials to Directors in a timely manner to facilitate Directors' participation in the Board discussions on a fully-informed basis.

Composition of the Board

Election of Board members is substantially the province of the Shareholders in general meeting.

Identification and management of risk

The Board's collective experience will enable accurate identification of the principal risks that may affect the Company's business. Key operational risks and their management will be recurring items for deliberation at Board meetings.

Ethical standards

The Board is committed to the establishment and maintenance of appropriate ethical standards.

Independent professional advice

Subject to the Chair's approval (not to be unreasonably withheld), the Directors, at the Company's expense, may obtain independent professional advice on issues arising in the course of their duties.

Remuneration arrangements

The remuneration of an executive Director will be decided by the Board, without the affected executive Director participating in that decision-making process.

The total maximum remuneration of non-executive Directors is initially set by the Constitution and subsequent variation is by ordinary resolution of Shareholders in general meeting in accordance with the Constitution, the Corporations Act and the ASX Listing Rules, as applicable. The determination of non-executive Directors' remuneration within that maximum will be made by the Board having regard to the inputs and value to the Company of the respective contributions by each non-executive Director. The current amount has been set at an amount not to exceed $300,000 per annum.

In addition, a Director may be paid fees or other amounts (i.e. subject to any necessary Shareholder approval, non-cash performance incentives such as Options) as the Directors determine where a Director performs special duties or otherwise performs services outside the scope of the ordinary duties of a Director.

Directors are also entitled to be paid reasonable travelling, hotel and other expenses incurred by them respectively in or about the performance of their duties as Directors.

The Board reviews and approves the remuneration policy to enable the Company to attract and retain executives and Directors who will create value for Shareholders having consideration to the amount considered to be commensurate for a company of its size and level of activity as well as the relevant Directors' time, commitment and responsibility. The Board is also responsible for reviewing any employee incentive and equity-based plans including the appropriateness of performance hurdles and total payments proposed.

Trading policy

The Board has adopted a policy that sets out the guidelines on the sale and purchase of securities in the Company by its key management personnel (i.e. Directors and, if applicable, any employees reporting directly to the managing director). The policy generally provides that the written acknowledgement of the Chair (or the Board in the case of the Chair) must be obtained prior to trading.

External audit

The Company in general meeting is responsible for the appointment of the external auditors of the Company, and the Board from time to time will review the scope, performance and fees of those external auditors.

Audit committee

The Company has an audit committee, with compositions as close to the guidelines as can be constructed from the current Board membership. The committee operates under its written terms of reference, including but not limited to, monitoring and reviewing any matters of significance affecting financial reporting and compliance, the integrity of the financial reporting of the Company, the Company's internal financial control system and the external audit function.

Diversity policy

The Board has adopted a diversity policy which provides a framework for the Company to achieve, amongst other things, a diverse and skilled workforce, a workplace culture characterised by inclusive practices and behaviours for the benefit of all staff, improved employment and career development opportunities for women and a work environment that values and utilises the contributions of employees with diverse backgrounds, experiences and perspectives.

1.2Departures from Recommendations

The Company will be required to report any departures from the Recommendations in its annual financial report.

The Company's compliance and departures from the Recommendations as at the date of this statement are set out on the following pages.

CCPRINIPLESANDREOMMENDATIONS	COMPLY(/)YESNO	EXPLANATION
PrincipleLalidfodaiofodigh1:tt atysounnsr managemennovers
Redaio1.1tcommenn	YES
Alisdiholdhaddiscloshahichtettytetstensuveaneacrr wseouheivelesdibiliiesfhed,hehairttttBotrespecroanresponsoarcdt;dincludedeiptiofthotteanmanagemenans ascrnosemarslydheBoddhodelegdtotttetoexpressreservearanseat.managemen		heCohadoddChaTteBotempanys apaarrr.TheBodChaheificibiliiesfheBod,tetsttttarrr seouspecresponsoarireheBodiiohelesdibiliieststotttt'srequmenasarcomposn,roanresponsfheChair adCoSeheblishmiodttattat,tonmpanycrery,esenoperananCoCotfBoditteDiretoto'managemenoarmmescrsaccessmpany,dsdinfoiodeilsfheBodlaiohipihttat'sttrecoranrman,oarrenswdeilsfheBodfoiewddeilsft,tat'stamanagemenoarperrmancerevanoheBoddiscloslicyt'sarurepoAfheCoBodChaisilableheCot'stet'scopyompanyarrravaonmpanybsitewe
Redaio1.2tcommennlisdihold:Atettyensu	YES
()dekeiaheksbefoiningtatetaunrapproprccreappoaperson,ingfodiholdedidafotttotyteorpurwarsecurrsacanrlecioDiredttoen,asacr;an		()TheCohaidelinefoheindleciofttmt atampanys gusrappoennsenoheBodiniCoGPlaTheCottste'sarrporaovernancen.mpanyCoGPlaireheBoddeketettotarporaovernancenrequsarunriaheksbefoiningingfodtetttapproprccreappoaperson,orpurwariholdedidafolecioiretotytetDtosecurrsacanr en,asacr.
()bideiholdeihll mialinfoiolevtyttettprovsecurrswaarrmanreandeisioheheleclectotttottacnonwrornoeorre-eaireDtocr.		()bAll mialinfoiolevdeisiohehetetttotttoarrmanreanacnonwr or noleclecDireillbeidediholdeint ot atototyer re-ecr wprovsecurrsheicefinginingheluioleclectNotMttatttot otoeeconresoner re-eireDtoacr.
Redaio3t1.commenn	YES
lisdiholdhaiihhAtettyttettensvearnagreemeneacuwwDiredioiveinghefheirtottttttetcransenrexecuseourmsointmt.appoen		heCoCoGlairehedTtePtBoto'smpanrporaovernancenreqsaryuhahDiredioiveisitt etottytotteensureaccr ansenr execuaparawrnihheCohichhefhattttstttettagreemenwmpanywseourmsoDireioiveintottmt.'s'scrorsenr execuappoen

daRetio1.4commenn	YES
Thef alisdiholdbebletatettytacompanysecreryoensuaccoundirelyheBod,hrhhehair,ll mdoihttotttttetotcarougconaarswhefuioingfheBod.tttproperncnoar		TheBodChalinehelesibilidbiliftetttytatyarrr ousroresponsanaccouno,heCoSeTheCoSeisblettatatampanycrery.mpanycreryaccoundirelyheBod,hrhhehair,ll mdoihhettotttttetottcarougconaarswfuioingfhed.ttBoproperncnoar
Redaio1.5tcommenn	PARTIALLY
Alisdihold:tettyensu
()hadiveilicyhichincludeirefohetytstavearspowsrequmenrd:Boar		()heCohadodiveilicyTteDtyPoampanys apars
()iblebjivefohievingdetottsemeasuraoecsracgenrdiveidtyrsan;		()iWhilsheDiveiPolicyidefrakfohetttytrsprovsameworrCohievlisfblebjivehatottttmpanyaceaomeasuraoecsdeliidoblishtytt ptotaencompass genr equaesnoroposees,bledediveibjiveinhefobletyttmeasuragenrrsoecsreseeafutureas:heCoiottte'smpanysenrmanagemenamare-
		ieddtabledthelafoexpernceansanrearenopnsrhadcngesan;
		theCoisittedtokingll slectiompancommmaaeny-deisiohebaisfidheingftttttcnsonsomeranseo/ificbjivefohef mlesfelestttuspecoecsrquanmoamalevlldiallyinfluedeisiottetaanyewouponncecnkinghedeimfhebuinetottrt otmaensss.
()iillybohhebjivedheitotttttty'sassessannuaoecs aneninhievinghetprogressacm;		()iiTheDiveiPolicyidefoheiingdtyttorsprovsrmonranluaiofhedfheDiveiPolicyttttyevanoscopeancurrencyorsTheCoisiblefoimleingiingttompanyresponsrpmenmonr,dingblebjivedod.ttteanreporonanymeasuraoecs ap
()bdiscloshalicyidtt pt;eoor asummaryoran		()bTheDiveiPolicyisilableheCobsityt'stersavaonmpanywe

()discc()i	loseashetdiverstityenhievac	hedf ehingiod:tttaenoacreporperblebjivefohievingdetmeasuraoecsracgenribyhedindaihhetyttBottsearaccorncewdiveitylicyditstods'srspoanprogressarwinghedtman;		()c	heCodoblishbledeTt ptotampanyesnoroposeesmeasuragenr()diveitybjtivetthis staSeborsoecs age.eaave
()ii	ithee	r:
	()A	heiveionf mdtttrespecproporsoenanwomentheBod,iniotiveitiodonarsenr execuposnsan(theholeisatioincludinghoacrossorgannwwheihadefinedioivefottty"st"ensenrexecur)hetsepurposesor;
	()B	hei"GdeEqliIndicattty'styto",enenruarsasdefinedinheWkplaGdeEqliActtytorceenrua202.1
Recom	damen	io1.6tn	YES
dAliste	tityens	d:holu
()haaperireD	dveanformantocrs;a	disclosfoiodicallyluainghetteaprocessr perevafheBod,iidindividulttstteceoarcommesanadn		()a	TheBodisiblefoluainghefofhetttarresponsr evaperrmanceoBoddindividulDirelbais.Idotot maranacrsonanannuasaysoihheidf aindededvisohefohisbettt aTtwaonpennr.processrcanfodinSchedulefheCoCoG7tte'sunompanrporaovernanceyPlahichis ailableheCobsit'stenwvaonmpanywe
()bdiscperper	losineformaniodinac	laiohingiod,hehettottreneacreporperwraluaiodekeinheingttattceevanwasunrnrepordaihhattt pcorncewrocess.		()b	TheCoCoGPlaireheBodtetto'smpanyrporaovernancenrequsardiscloshehefoluaiottturewrornoperrmanceevansweredudduinghelevingiod.ilsfhetetttDetatconcrreanreporperofoluaiodudillbeidedinhettetperrmanceevansconcwprovCoAnlReNoluaiodudduing'sts.ttempanynuaporevanwasconcrhe2016finaial ytncear.
Recom	damen	io1.7tn	YES
lisdAte	ittyens	hold:u
()haaper	dveanforman	disclosfoiodicallyluainghetteaprocessr perevafiioivedtstceosenr execus;an		()a	TheBodisiblefoluainghefof siottarresponsr evaperrmanceoenriveTheBodislfottoexecus.ararrangeanannuaperrmanceluaiofheioivetttevanosenr execus.

()bdisclosinlaiohingiod,hehettottereneacreporperwrafoluaiodekeinheingttattperrmanceevanwasunrnreporiodindaihhattt pperaccorncewrocess.	()bTheCoCoteGPlairetheBodto'smpanrporaovernancenreqsaryudul pfofioiveSchedule6ttconcannuaerrmanceosenrexecs.u"PfoEvluaioireheBoddiscloshehet"ttoterrmanceanrequsarewrfoluaiodudduinghetttetornoperrmanceevanswereconcrlevingiod.Deilsfhefoluaiot rttattreaneporperoperrmanceevansdudillbeidedinheColtetAnRet.No'sconcwprovmpanynuaporduddufol eluatioteingthe2016finaial yrmavanasconcrncear.w
Principle2:SheBodddluetrututtocrearava

Redaio2.t1commenn	YES
TheBodf alisdihold:tettyaroensu
()hainaioihich:ttteaveanomncommew()ihaleahrbejif whottttysaseememrs,amaoromareindedeiredtDtopenncrs;an()iiis chairedbyindedeDirettoanpenncr,ddisclosane:()iiihehafheittetttecrr ocomme;()ivhebefheidttttememrsocomme;an()tthedf ehtingiod,thebefasaenoacreporpernumr ovimheihrhoheioddttttettttescommemeouguperanheindividul adafhebehotttetttanncesomemrsase		()helyhrindededirehed,fTtttotBotwareareoneepenncrsonaroohichlsotheNoinatioCoitteareaonmnmme.wheChair ofheinaioCoiisindededhaheTtNotttet atmnmmepennnslevt skillsdiefothelef chair oftheNoinatioreananexperncerroomnCoittemme.TheBodidethatthetisefthebefthearconsrsexperomemrsoNoinaioCoibleshefulfilihatttettotstemnmmeenamcrr.ThedutiesftheNoinatioCoittetlinedinSchedule5omnmmeareoufheCoCoGPlailablelinet'steompanyrporaovernancenavaononheCobsit'stempanywe
ingtmees;or()bifidohainaioidiscloshatttttettesnoveanomncomme,edddrdfattheitloytoBocanprocessesempsaessarioissdtothattheBodhathesuccessnuesanensurearsiabalafkills,ieindedeteapproprnceosexpernce,penncedknledgfheibleidischaitttytottotsanoweoenenargeduiesdibiliiesffeively.tttanresponsec		hedhainaioiTBotttears anomncomme.

daioRet2.2commenn	SYE
AlisdiholdhaddisclosBodkill mixtettytrensuveaneaarsaingheixf skillsddiveihaheBodlytttttyttttseoumoanrsarcurrenhaislookinghievinibehiptotss oracememrs		UndeheBodChaheCoisiredBodttettorarrr,mpanyrequprepareaarkillixingheixfkillsddiveihaheBodtrtttttytttsmaseoumosanrsar()lyhaislookinghievdiewhislalyttototcurrensoraceanrevregurinsheCoBodkillsixheiaixtttrtotte'sagampanyarsmaensureapproprmf skillsdiseisfailiful sicdireiotttotatetratetoanexperpresencsuccessgcn.
		TheBodChairehedisclosfhBodbetet'sarrrrequsureoeacarmemrlificaiodisettquansanexper
		FulldeilshDiredioivelevkillsdtatotott s'saseaccr ansenr execureananieilableheCobsitWteexpernceareavaonmpanye
Redaio2.3tcommenn	YES
Alisdiholddisclostettyensue:
()hefheDireidedbyheBodbetttottoanamesocrsconsrearindedeiretDtopenncrs;		()TheBodChairehedisclosfhefDiretetttoaarrr requsureonamesocrsidedbyhedbeindedehedeilstBotot.TtaconsrearpennseareidedintheAnlRet.pronuaporv
()bifDirehainiioiaiototet,ttacrsanresposn,assocnorlaiohipfhedeibedinBo2.3fheASXtttytrensopescrxoCoGPrinciplesdRedaiotetrporaovernanceancommenn(),dEdiiobuheBodisfheiniohaido3rttttttttnaroopnesnoiseheindedefheirehefttDtottucomprompennceocr,nareotheintet,itioiatiolatiohipintioresposn,assocnorrensquesndlaiof whyheBodisfhainiodtttt oananexpnanoaropn;an		()bTheBodChaireDiredisclosheirintetotottet,arrrrequscrseresiioiaiodlaiohipdirehahettttttposnsassocnsanrenssanrequs,indedefDireislalydbyheBodinlightottpennceocrsregurassessearfheindisclosdbyDireDeilsfheDirettetstotatto'soresecrs.ocriniioiaiodlaiohipidedinhetets,ttttresposnsassocnsanrenss areprovPrtudill alsobeidedintheAnlRets.ospecs anpronuaporwv
()helehf sicef ehirettDtocngoervoaccr		()TheBodChairehelehf sicef ehDiretetttotocarrr requsngoervoaccrbedisclosd.helehf sicef ehireillbeidedTtDtoengoervoaccr wprovintheAnlRets.nuapor

Redatio2.4commenn	YES
AjifheBodf alisdiholdbeindedetyttettytmaoroaroensupennDiretocrs.		TheBodChairehaheical,hejifhetett,tttytarrr requswrepracmaoroBodbeindedett.armuspenn
		()()Thr3fheCofo4direindedet'stot.eeompanyurcrsarepenn
		DeilsfhDireindedeidedinheAnltato'stoeaccrpennceareprovnuaRets.por
Redatio2.5commenn	YES
TheChairfheBodflisdiholdbettettyoaroaensuanindedeDired,iniculaholdbehettotttpenncr anparr,sunosameheCOfheitEtttypersonasoen		TheBodChaidehaheical,heChair ofheBodtett,tttarrr provswrepracarholdbeindedeDireTheChairisindedeInttott.suanpenncr.presenpennheircheheChairisindedeheCoillttattt,tcumsncewnnopennmpanywinddedeiret aLeIntDtoappoapenncr.
Redaio2.t6commenn	YES
lisdiholdhafoinduingireAtettytDtoensuveaprogramrcnewcrsdidingiafeioldelotetanprovapproprprossnavepmeniiesfoinuingDiredelodinintutttototaoppornr concrsvepanmahekillsdknledgdedfoheirlettotsanoweneeperrmroasaDireffeively.totcr ec		hedChahaificibilifhedisTBotetatett atytBotoarrr ssspecresponsoariafeioldeloiiesfotettutprocureapproprprossnavepmenoppornrDireTheBodisiblefoheldiewftotcrs.arresponsrapprovaanrevoinduiodinuingfeioldelodtttcnanconprossnavepmenprogramsandufoDirehaheffeivelydischatotottttproceresrcrsensureycanecrgeheir ribiliiesttespons
Principle3:Achicllydiblyt etaanrespons
Redatio3.1commenn	YES
lisdihold:Atettyensu
()hadef cdufoiDireioivettstotaveacoooncrcrs,senr execusdloydanempees;an		()TheCoCoCodefCodulieshe'stettotampanyrporaoncappCoDireioivedloy'stotmpanycrs,senr execus anempees.
()bdisclosthat cdefit.eoor asummaroy		()(bheCoCoCodefCoduhichfofTtett o'smpanyrporaoncwrms par)theCoCoteGPlaisilablethe'smpanrporaovernancenavaonyCobsi'stempanywe
incipleSafediniinfinaial reingPr4:tetytguargrncpor
Redaio4.1tcommenn	YES
TheBodf alisdihold:tettyaroensu

()haave()i()ii	diihich:t ctteanauommewhaleahrbell of whotttsaseememrs,amarenoniveDiredjifhottotyexecucrsanamaorowmareindedeiredtDtopenncrs;anishairedbyindedeDirehoishettottcanpenncr,wnohair ofhed,tBocar	()bThehrindededireheBod,holsotttotreareeepenncrsonarwareaonhediCoitAutttemme.heChairfhediCoiisindededhaheTtAutttettommepennanslevkillsdiefohelefhairfheditttAutreansanexperncerroocoCoittemme.hedidehaheisefhebefhediTBottttttAutarconsrsexperomemrsoCobittelesthetofulfilitshatemmeenamcrr.
ddiscan	lose:
()i()ii()iii	hehafheittetttecrr ocomme;helevlificaiodiefhettttreanquansanexpernceobefheidtttememrsocomme;aninlaiohingiod,hebefttottreneacreporpernumr oimheihrhoheioddttttettttescommemeouguperanheindividul adafhebehotttetttanncesomemrsaseingtmees;or	TheledibiliiesfheAudiCoilinedintttttetroanresponsommeareouSchedulefheCoCoGlailable3tteP'sompanyrporaovernancenavalineheCobsihichincludeinghettet'sononmpanemanagyww,laiohipfheCoihil adittttstetorensompanywexrnaurs.
()bifitdanfesagprocediau	dohadiidiscloshafatt cttetttesnoveanauomme,echeiloyhaindedelyifydtt etttprocessesmpspennverandheinififinaial reingincludinghettetytsttuargroncpor,foheindl ofhelttmt attessesrappoennremovaexrnadheiofheditottattt et ptnr anronoaungagemenarer	()TheBodhaAudiCoitttecars anmme.

Redaio4.2tcommenn	YES
hedf alisdihold,befoiheiTBotettyt attty'saroensurepprovesenfinaial sfofinaial piod,ivefroiCOtatetstsEncmenr ancerrecemdCFOdelaiohahefinaial rdsfheitttttttyanacranncecoroenhabelyinineddhahefinaialtatttveenpropermaannclyihheiaingdadstatetstttettasmencompwappropraccounsnrdivedfairiewfhefinaial piiodtruttangaeanvoncosnanfofheidhaheiniohabefodtttytttperrmanceoenanopnsenrmehebaisf adf riskdinlttet ateonsosounsysmomanagemennrnal whichis oingffeively.trottconperaec		hebligiofCoCOCOinheTtFEttt'sseoansoampanyorareseouCoCoGladidedheditePtotAut'smpanyrporaovernancenanareprovCoibefoheideiofhehalfdlttetttmmereconsranoyearanannuats.accoun
daioRet4.3commenn	SYE
AlisdihahaAGMholdhailtettytttttsteens ansuensureexrnadidsiAGMdisilableiotottetstotaur ananavaanswerquesnsfroiholdelevhedityttott.msecurrsreanau		TheCoCoGPlaidehaheBod'stetttmpanyrporaovernancenprovsarheCol adidsiAGMdistt'stetottetsmusensurempanyexrnaurananilableiofroiholdelevheditottyttott.avaanswerquesnsmsecurrsreanau
inciplekeimlydbaladdiscloPr5:Mtaeanncesure
Redaiot5.1commenn	YES
Alisdihold:tettyensu
()hailicyfolyingihiinuttettstaveawrnporcompwconousdisclosbligiodeheisinglesdttLtRuureoansnranu;		()hedChaidedeilsfheCodisclosTBotetat'saarrr provsompanyurelicyddiioSchedulefheCoGlaisInt8 ottePpoan,rporaovernanceniled'DisclosCoinuDisclosddeilshettt' atatenure-nousurenCodisclosireiredbyheASXLising'ststtmpanyurerequmenasrequRulesdhelevlegislaiotttanor reann.
()bdisclosthat plicyfit.eoor asummaroy		()bhedChadSchedulefheCoGTBote8 ottearrr anrporaovernancePlailableheCobsittenareavaonmpanywe
Principle6:Reheighf siholdetttstyspecroecurrs
Redaio6.1tcommenn	YES
Alisdiholdideinfoioboilfditettytttsetsensuprovrmanauaninviaibsitototstegovernanceesrsvwe		InfoioboheCodiisilableinhettttstrmanaumpanyangovernanceavaCoGPlahichbefodheCotet'srporaovernancenwcanunonmpanybsitewe

Redaio6.2tcommenn	YES
lisdiholddeigdimleinvlaioAtettyt atotensusnanpmennesr rensfailiffeiveicaioihtotatettwttprogramceco-waycommunnwinvtoesrs.		heCohadodShaholdeCoicaioSTtettratempanysaparermmunnsgyhichimdfailiffeiveicaiototetatettwtwaspromoanceco-waycommunnihinvTheSlinef winhichinfoiottotratettwesrs.gyous arangeoayswrmanisicadhaholdedisilableheCotetot'scommunsrersanavaonmpanybsifheCoCoGPlatet ot'steweas parmpanyrporaovernancen.
Redatio6.3commenn	YES
Alisdiholddisclosheliciesdihaintettyttensuepoanprocessesslafailidicipioingftotatettt mtpcecanencourageparanaees oiholdetysecurrs.		ShaholdedicipllEGMdAGMftottet arersareencourageparaas ans oheCoUphedehficefingtttctttompany.onspaoanynoomeeShaholdeheCoSehall sdialinhattattettrers,mpanycrerysenoumarticeftingtatingthatllShaholdedtonoomeesarersareencourageicipheingttetttparaamee
daioRet6.4commenn	SYE
Alisdiholdiveiholdeheioivetettytytttoensugsecurrsopnreceicaiofroddicaioheitttotttycommunnsmansencommunnsen,,diiislecically.tstytrytroansecurregen		TheShaholdeCoicaioShafhettratetatett,t otrermmunngyssasaparCoinvlaioShaholdeisihhe'stottettmpanyesr rensprogramrerscanregr w,CoSeiveilificaiofhetatottmpanycreryreceemanonsownanisdebyheCoheASX,includinghetttottannouncemenmampanyleafhelhalf ylydlytAnRet,tstets.reseonuaporearreporanquarrreporLinksdeilabletotheCobsitehichll'saremaavampaneonaywwinfoioidedheASXisimdialyd.ttottetermanpromeposv
		CoSeityholdeisteiththetoiveilcurrscanregrmpanreceemawyificaioheisdebyheCohetttttotnonsnanannouncemenmampanwyASX.
		ShaholdeiesholdbefedtotheCoSetatfirstrersquersrerrempancreryauyinstance.

incipleisediskPr7:Recognanmanager
Redaio7.1tcommenn	YES
TheBodf alisdihold:tettyaroensu
()haiiisk,hfttettetoaveacommeorcommesoverseereacohich:w	()ThehairfheRiskCoiisfhehrtttettacommeoneoirehed.hedidehaheDtotBoTBotttcrsonararconsrs	indedeteepenniskCoiRttemme
()ihaleahrbejif whottttys aseememrs,amaoromareindedeiredtDtopenncrs;an		fulfilitshateiththet mbehipcancrr wcurrenemrs
()iiis chairedbyindedeDirettoanpenncr,
ddisclosane:
()iiihehafheittetttecrr ocomme;	TheledibiliiesfheRiskCoitttroanresponsomm	linedinteteareou
()ivhebefheidttttememrsocomme;an		SchedulefheCoCoGPlailable4tte'sompanyrporaovernancenavalineheCobsitte'sononmpanywe
()hedf ehingiod,hebettttvasaenoacreporpernumrfimheihrhoheiodttttettttoescommemeouguperdheindividul adafhebetttettananncesomemrsahoingttsemees;or
()bifidohaisk ciihaisfyttttettett stesnovearommeorcommesa()bodiscloshafadheiloyfottt att eaaveecnprocessmpsr,ingheiisk mfrak.tttyt'soverseeenranagemenmewor		()bTheBodhaRiskCoittears amme.
Redaio7.2tcommenn	YES
hedifhedhold:TBottetBoaroracommeoarsu
()iewheiiskfrakihttty'sttarevenrmanagemenmeworwleallyisfyilfhaittttottsetttmanagemenasannuasainubed,deinehehehehattototettconessounrmwrrevebehainheialbuineisksheittetttyenanycngesmarsssrenfadtothattheinithintheisk atiteces anensureremarppeywbyheBod;dttsearan		()TheCofoiskdinl'stteampanyprocessrrmanagemenanrnaliaincludeireideifydisk,ttotcompncesarequmennanmeasureriheirofoingfaddshaffetotttotrett atmonrenvnmenr emergcrsanncheisksfolaiskiesdihettet stratetotserrmurmanagemenganmonr,fof riskt steThisistainedintheperrmanceomanagemensms.conyAudidRiskCoiChat attetenmmerr.

()bdisclosinlaiohingiod,hehehttottereneacreporperr sucawiewhakelatarevsnpce		()bSchedulefheCoGlaisiledisclos9ttePtt'DorporaovernancenenureRiskMddeilsheCodisclost'tat'sanagemenanmpanyure-ireihheisk miewdutstttott rrequmenwrespecranagemenevproceredinl cliadls.tetroanrnaompnceanconTheBodChaireheBoddiscloshebefimtettottarrr requsarenumr oesheBodhrhohelevingiod,dhettttttttarmeougureanreporperanindividul adafhebehoingDeilsfttetttttaanncesomemrsasemees.oheingillbeidedinheColtttAnRets.'smees wprovmpanynuapor
Redaio7.3tcommenn	YES
Alisdiholddisclostettyensue:
()ifihainldifuiohohefuioisttettttasanrnaauncn,wncnddhaleifotrutut rt pscreanwoerrms;or		SchedulefheCoCoGPlailed3ttett'sompanyrporaovernancenendiCoiChaidefoheinl adifuiofhe"Atttetettettt" pummerrrovsrrnauncno
()bifidohainl adifuiohafadtttettttt aesnoveanrnauncn,cnheiloyfoluaingdinullyttttprocessesempsrevaanconaimingtheffetivefitsisktdproecnessormanagemenanvinl cl ptetrornaonrocesses.		CoThisChatetlinetheitoingiewdt ofmpanrr osmonrreanassessmeny.uv,finl adifuioddutettarangeornauncnsanproceres.
daioRet7.4commenn	SYE
Alisdiholddisclosheheihaialtettyttteensuewrsanymaricirol adial sinabilitotatatyexposureeconomenvnmennsocus,isksd,ifidohoiindshott mtetotraneswanagesornmanagese,isksr		Schedule4fheCoCoGPladeilshet'stetatompanyrporaovernancenCoiskhichisinideifyingd'sttettmpanyrmanagemensysmswassnaningial obuineicirol adtetttamanagponr apparensss,economenvnmenn,().ial sinabiliisksif aiatatytesocusrppropr
		ReiewfheCoiskfrakisdudtttet'svompanyrmanagemenmeworconcaleallydinullydbyt atsttet osnnuaanreporareconacreamanagemennhefficiedffeivefheCoisktttt'sencyanecnessompanyrmanagemenfrak adiatedintel cliadtrol pdumewornassocrnaompnceanconroceres.

Principle8:Refairlydiblytemuneraanrespons
Redatio8.1commenn	YES
TheBodf alisdihold:tettyaroensu
()haioihich:ttteavearemunerancommew()ihatleatthrbejityf whos aseememrs,amaoromareindedeDiredttopenncrs;an()iiis chairedbyindedetDiretoanpenncr,ddisclosane:()iiihehafheittetttecrr ocomme;()ivhebefheidttttememrsocomme;an()hedf ehingiod,hebettttvasaenoacreporpernumrfimheihrhoheiodttttettttoescommemeouguperdheindividul adafhebetttettananncesomemrsahott		()TheReioCoiisisedffhehrtttetwttamuneranmmecomproooeeindedediredindededirettottopenncrsanonenon-penncr.TheChairfheReioCoiisindededhattttet aomuneranmmepennnshelevkillsdiefohelefhairfhettttreansanexperncerroocoReioCoitttemuneranmme.TheledibiliiesfheReioCoittttteroanresponsomuneranmmearelinedinScheduleheCoCoGPlat5tte'soumpanyrporaovernancenilablelineheCobsitte'savaononmpanywe
ingsemees;or()bifidohaioidiscloshatttttettesnovearemunerancomme,efadheiloyfoinghelevl adt att etttcnprocessesmpsr seeniiofiofoDirediortttocomposnoremuneranrcrsansenivedinghahioisttttexecusanensursucremuneraniatedt eiveapproprannoxcess		()bTheBodhaReioCoitttears amuneranmme.
Redaio8.t2commenn	YES
Alistedtityholdtelydisclositsliciesdensseparaepoanuicedingheionf niveDiretttttopracs regarremuneraoon-execucrsdheiof eiveDiredheiottttotanremuneranoxecucrsanor senrivedhahediffelesdibiliiesttttt rtexecus anensurerenoanresponsf niveDirediveDiredttotottooon-execucrscompareexecucrsanheioiveflecdinhelevldtttetorsenrexecusarereeanitioftheir rtiocomposnoemuneran.		TheCoCoteGPlairetheBodto'smpanrporaovernancenreqsaryudisclosiliciesdicedingheioftstttepoanpracsregarremuneranononiveivedheioDirehichisdisclosdhettttotexecuexecuanor senrcrsweon,Cobsite'smpanywe

Redaio8.3tcommenn	YES
Alisdihichhai-bdiohetettytytenws anequaseremuneranscmehold:su
()halicyheheicipidtttsttetoteaveapoonwr paranarepermenr(iniohehehrhhefdeivaivetotratttttnsacnsrougseors orwu)heisehichlimiheicisk of picipingintttttorwweconomrarahehedtscme;an		heCoCoGlahahedisTtePtatetttBo'smpanyrporaovernancenssar()irediewddiscloshelicyif ahehetottreqremanageaneponyonruvw,(icipidiniohehehrhttsttetotetotratttparanarepermenrnsacnswroug)hefdeivaiveheisehichlimiheiciskftttttuseorsororwweconomroicipinginheheTheBodiewdtttt rparascme.armusevanapproveanyibadiohediohichlimihetyttratttequseremuneranscmesananynsacnswicisk of picipinginhehettteconomrarascme.
()bdiscloshalicyfitt pt.eoor asummaryo		AfheCoCoGPlaisilablet'stecopyompanyrporaovernancenavaonheCobsit'stempanywe