SANTOS LIMITED — Governance Information 2021

Feb 17, 2021

Appendix 4G

Key to Disclosures Corporate Governance Council Principles and Recommendations

Name of entity Santos Limited ABN/ARBN Financial year ended: 80 007 550 923 31 December 2020 Our corporate governance statement1 for the period above can be found at:2 ☐ These pages of our annual report: ☑ This URL on our website: https://www.santos.com/about-us/corporate-governance/

The Corporate Governance Statement is accurate and up to date as at 17 February 2021 and has been approved by the board.

The annexure includes a key to where our corporate governance disclosures can be located.3

Date: 17 February 2021

Name of authorised officer authorising lodgement: Amanda Devonish, Company Secretary

See notes 4 and 5 below for further instructions on how to complete this form.

1 "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.

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 Listing Rule 4.10.3.

Under Listing Rule 4.7.3, an entity must also lodge with ASX a completed Appendix 4G at the same time as it lodges its annual report with ASX. The Appendix 4G serves a dual purpose. It acts as a key designed to assist readers to locate the governance disclosures made by a listed entity under Listing Rule 4.10.3 and under the ASX Corporate Governance Council's recommendations. It also acts as a verification tool for listed entities to confirm that they have met the disclosure requirements of Listing Rule 4.10.3.

The Appendix 4G is not a substitute for, and is not to be confused with, the entity's corporate governance statement. They serve different purposes and an entity must produce each of them separately.

2 Tick whichever option is correct and then complete the page number(s) of the annual report, or the URL of the web page, where your corporate governance statement can be found. You can, if you wish, delete the option which is not applicable.

3 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.

ANNEXURE – KEY TO CORPORATE GOVERNANCE DISCLOSURES

CoGoCoil redaiontetrporavernanceunccommen		4 wWhebobelowisicked,havfollowdhettreaeeexdaioninfullforhehole ofheiod aboWetttrecommenpervewhavdisclosdhisinCoGoSttetatemt:eeourrporavernanceen	Whebobelowisicked,havNOTfollowdhettreaweeexdaioninfullforhehole ofheiod aboOutttrecommenperverwfordoing5treasonsnosoare:
PRINC	IPLE1 –LAYSOLIDFOUNDATIONSFORMANAGEMENTANDO	VERSIGHT
1.1	Alisd eihouldhavddisclosboad charingtettyterttnse ane arset:ou()heivelesd ribiliiesfiboad adttttsarespecroanesponsornt; admanagemenn()bhoslydheboad adhostttertotte mas expressreservernedelegdteto mt.aanagemen	☑d whavdisclosd af oboad chartert:aneeecopyourraThe'CoGoionfheSabsitetttoste atce'rporavernanseconweh//ww/abou/co/ttptost-ute-s:w.san.comsrporagovernance	☐in oCoGoSORt outtetatemtseurrporavernanceen☐llyd eidhis rdaionterttyttweare an enamanagenanecommenxisherforlicablett apee nop
1.2	lisd eihould:Atettyns()derkeiahecksbeforiningdirectate cttoraunappropre appoaorioriveingfordforlecionttttsenexecuorpusomeonewareasdirecdtora; an()bideiholderih all mialinforioninitytterttsprovsecurs wamaionlevdecisionheherlectto attto etpossessreanonwornolecdirect atororre-e	☑(')ion2.3'Direcleciond sionlaningf ot settortacseanuccesspnourCoGoStetatemtrporavernanceen	☐t outin oCoteGoStatemtORseurrporavernanceen☐llyd eidhis rdaionterttyttweare an exnamanagenanecommenisherforlicablett apee nop
1.3	Alisd eihouldhaviih ehdirectettyttent wttornse awragreemenacd sioriveinghefheir aintttttterttmet.anenexecuseoumsoppon	☑(')t setion2.4'Directorinductiond ctinuingductiondacsanoneaan(')1.1'Reibiliiesf oCoGoSttetatemtsponsourrporavernanceen	☐in oCoGoSORt outtetatemtseurrporavernanceen☐llyd eidhis rdaionterttyttweare an exnamanagenanecommenistherfort aplicableee nop
1.4	Thef alisd eihouldbebletarytettytacompanysecreonsaccoundireclyheboad,hrohhehair, oll mdoihttotttttertotrugcn aaswhefunioningfheboad.tttpropercor	☑(')ion1.1'Reibiliiesf oCoGot settteacsponsourrporavernanceStatemten	☐in oCoGoSOt outtetatemtRseurrporavernanceen☐llyd eidhis rdaionterttyttweare an exnamanagenanecommenisherforlicablett apee nop

4 Tick the box in this column only if you have followed the relevant recommendation in full for the whole of the period above. Where the recommendation has a disclosure obligation attached, you must insert the location where that disclosure has been made, where indicated by the line with "insert location" underneath. If the disclosure in question has been made in your corporate governance statement, you need only insert "our corporate governance statement". If the disclosure has been made in your annual report, you should insert the page number(s) of your annual report (eg "pages 10-12 of our annual report"). If the disclosure has been made on your website, you should insert the URL of the web page where the disclosure has been made or can be accessed (eg "www.entityname.com.au/corporate governance/charters/").

5 If you have followed all of the Council's recommendations in full for the whole of the period above, you can, if you wish, delete this column from the form and re-format it.

Corp	teGoCoil redationoravernanceunccommen	hebobelowisicked,4 whavfollowdheWttreaxeeedaioninfullforhehole ofheiod abotttWerecommenwpervehavdisclosdthisinCoteGoStatemt:eeourrporavernanceen	hebobelowisicked,havOfollowdheWtNTtreaxweeedaioninfullforhehole ofheiod aboOutttrecommenwperver5fortdoingreasonsnosoare:
1.5	Alisd eihould:tettyns()havddisclosdiveilicytyae ane arspo;()bhrohiboad oifheboad sttstteettugrr acommoreble objiveforhievingderdiveiinhettytmeasuraecsacgenrsiionfiboad, siorived wkforttstcomposorenexecus anorcellydgenera; an()disclosin rlationto eh retingiod:ceeacporper()1heble objiveforhaiodttttt ptomeasuraecs seerhievderdiveityace genrs;()heidshievinghos2tttytowt's penrogressaracebjivedtoecs; an()3iherte:()Aheiveionf md wtttrespecpropors oenanomenheboad,in sioriveiiondtttonrenexecuposs an(hehole wkforincludinghowhettacrossworceihasdefined "ioriveforhesttytt"ensenexecue)purposes; or()Bifheiis alevloyderhettty"ret emer"tenanpunWokplacGedeEqliAcheityt,ttty'srenruaenGederEqliIndicat ret "tytors",moscennuaasdefinedin ad pblished uderhaActtt.nnuIfheiinheSP/ASX3Indexhetttyt&00ttenwasafheingiod,heble objivet ottttcommencemenreporpermeasuraecforhievingderdiveiinheiionfiboadtytttsacgenrscomposorhouldbehavleshan%fidirecf eahtott30tstorse nosos ocderithin aified piod.genwspecer	☑d whavdisclosd af odiveilicytyt:aneeecopourrspoayThe'CoteGotionftheSatosbsite atce'rporavernanseconwe//ww/a/co/httptosbout-ute-s:w.san.comsrporagovernance()d whavdisclosdheinforionferdin phtttoaneeemarerearagrapct:a(')ion5.1'Diveif oCoGoSttytetatemtsecrsourrporavernanceend oble objiveforhievingderdiveiinhettytanurmeasuraecacgenrsiionfiboad of noleshan%fidirecf eahttstt30tstorcomposorsos ocderihin aified piod.tgenwspecer	☐in oCoGoSOt outtetatemtRseurrporavernanceen☐llyd eidhis rdaionterttyttweare an enamanagenanecommenxisherforlicablett apee nop
1.6	Alisd eihould:tettyns()havddisclosforiodicallyluainghettae ane aprocessperevaforfheboad,iidindividualtts ctteepermanceoromms andirectords; an()bdisclosforh ringiod wheherfortteeaceporperapermanceluaionhasbeederkenin adanihhattatttevan unccorcewduringin rfhaiod.t ott pprocessorespecer	☑d whavdisclosdtheluationferdtoinaneeeevaprocessrere()ht:paragrapaa(ion2.5'ReiewfBod,BodCoidDirecttteetorsecvoararmms an')forf oCoGoStetatemtpermanceourrporavernanceend whetherforluationdertakenfortheanapermanceevawas uningiodin adanihhatttt pt:reporperccorcewrocessa(ion2.5'ReiewfBod,BodCoidDirecttteetorsecvoararmms an')forf oCoGoStetatemtpermanceourrporavernanceen	☐in oCoGoSORt outtetatemtseurrporavernanceen☐llyd eidhis rdaionterttyttweare an exnamanagenanecommenisherforlicablett apee nop

CoGoCoil redaiontetrporavernanceunccommen		4 wWhebobelowisicked,havfollowdhettreaeeexdaioninfullforhehole ofheiod aboWetttrecommenpervewhavdisclosdhisinCoGoSttetatemt:eeourrporavernanceen	Whebobelowisicked,havNOTfollowdhettreaweeexdaioninfullforhehole ofheiod aboOutttrecommenperverwfordoing5treasonsnosoare:
1.7	Alisted etityhould:ns()havddisclosforluaingheforttae ane aprocessevapermancefiioriveleaingiod;ts sttt ontoenexecus asceeveryreporperdan()bdisclosforh ringiod wheherfortteeaceporperapermanceluaionhasbeederkenin adanihhattatttevan unccorcewduringin rt ofthat piod.processorespecer	☑d whavdisclosdheluaionferdintttoaneeeevaprocessrere()ht:paragrapaa(')ion1.1'Reibiliiesf oCoGotttesecsponsourrporavernanceStatemtend wheherforluaionderkenforhetttatanapermanceevawas uningiodin adanihhatttt pt:reporperccorcewrocessa(')tion1.1'Reibilitiesf oCoteGosecsponsourrporavernanceStatemten	☐in oCoGoSORt outtetatemtseurrporavernanceen☐terllyd etitydthis rdationweare an exnamanagenanecommenistherfort aplicableee nop

CoteGoCoil redationrporavernanceunccommen		4 wWhebobelowisticked,havfollowdthereaxeeedationinfullforthehole oftheiod aboWerecommenwpervehavdisclosdhisinCoGoSttetatemt:eeourrporavernanceen	Whebobelowisticked,havNOTfollowdthereaxweeedationinfullforthehole oftheiod aboOurecommenwperver5fordoingtreasonsnosoare:
PRINCIP	LE2 -STRUCTURETHEBOARDTOBEEFFECTIVEANDADD	VALUE
2.1	Theboad of alisted etityhould:rns()havinaionihich:ttteeae anomcommw()hasleahreberjif whom1ttttyase mems, amaoroareindepdentdirectordens; an()2is chairedbyindepdendirecttoranen,ddisclosane:()3heharfheitterttteecocomm;()heberfheid4tttteemems ocomm; an()5tthed of eah retingiod,theberasaencporpernumftimetheitteetthrohouttheiodoscommmeugperdtheindividual attendanfthebertancesomems ahosingtte mees; or()bifidoehavinaionidiscloshattttteetts noe anomcomme,facdheiloyddreboadt antt emto aprocessespsssrionissdhaheboadhasheto ettttsuccessuesannsureriabalanf skills,knoledgienteapproprceowe, experce,indepdenddiveibleidischarityto ettotsenceanrsnagedutiesd ribilitiesffectively.anesponse	☑d whavdisclosd afheharfheitterttteet:aneeecopyococommaThe'CoGoionfheSabsitetttoste atce'rporavernanseconweh//ww/abou/cottptost-utes:w.san.comsrpora/coif-he-boad/tteetgovernancemms-or()()dheinforionferdin phsdttto45t:anmarerearagrapana(Co)Mebertion3.1'Role adActivitiesfitteef os'ms: secnommourCoteGoStatemt ad o6,7 ad8 oftherporavernanceennn pagen2020AnlRet, which cbed atnuaporanaccesse//ww//co/httptosinvtortings:w.san.comessmpany-reporingd adanOnfhelMettten17 ot2020AnRet,es ancespagenuapor:hich cbed atwanaccesse//ww//co/httptosinvtortings:w.san.comessmpany-repor	☐in oCoGoSORt outtetatemtseurrporavernanceen☐terllyd etitydthis rdationweare an exnamanagenanecommenisherforlicablett apee nop
2.2	Alisd eihouldhavddisclosboad skills mixtettytrnse ane araingheix of skillshaheboad clyhasisttttttttseoumrurrenorlookinghieviniberhip.to ats mceems	☑d whavdisclosd oboad skills mtrix at:aneeeurra(')ion2.2'Bod cbiliiesf oCoGotttesecarapaourrporavernanceStatemten	☐in oCoGoSORt outtetatemtseurrporavernanceen☐llyd eidhis rdaionterttyttweare an exnamanagenanecommenisherforlicablett apee nop
2.3	Alisted etityhoulddisclosnse:()hefhedireciderdbyheboadbetttorttoanamesos conserindepdendirecttorens;()bif adirechasiniionffiliaiontortert, pttanesos, aorlaionhipfhedesibedinbuheboadtttyBo2.3ttresopecrxris ofheinionhaidoeisehettttt cotops nompromindepdenfhedirechefheinttortturttert,enceonae oes,iionlaionhipin qiond alanionfttttposorresuesann expaohyheboadis ofhainiondttt opwr; an()helenh of seicef eahdirectttorcgrvoc	☑d whavdisclosdhefhedireciderdbyhetttortaneeenamesos conseboadbeindepdendirectottort:rens a()tion2.1'Bod citiondDirectorindepdenf oce'secaromposanenourCoteGoStatemt ad, wherlicable,therporavernanceenne app()inforionferdin phbttot:marerearagrapa()ion2.1'Bod ciiondDirecindepdenf otttorce'secaromposanenourCoGoSdhelenh of seicef eahtetatemt attrporavernanceenngrvocdirectort:aOn6,7 ad8 ofthe2020AnlRet, which cbepagesnnuaporan//ww//co/d ahinvingtttptostortaccesses:w.san.comessmpany-repor	☐in oCoGoSt outtetatemtseurrporavernanceen

CoGoCoil redaiontetrporavernanceunccommen		4 wWhebobelowisicked,havfollowdhettreaeeexdaioninfullforhehole ofheiod aboWetttrecommenpervewhavdisclosdhisinCoGoSttetatemt:eeourrporavernanceen	Whebobelowisicked,havNOTfollowdhettreaweeexdaioninfullforhehole ofheiod aboOutttrecommenperverwfordoing5treasonsnosoare:
2.4	jifheboad of alisd eihouldbeindepdenA mtyttettytaorornsendirectors.	☑()ion2.'Bod ciiondDirecIndepdenft set1ttorce'acaromposanenoCoGoStetatemtourrporavernanceen	☐in oCoGoSORt outtetatemtseurrporavernanceen☐terllyd etitydthis rdationweare an exnamanagenanecommenisherforlicablett apee nop
2.5	Thehair oftheboad of alisted etityhouldbecrnsanindepdendirecd,in picular,hould nbehettortttenanarsosameheCEO ofheitttty.personasen	☑()iond ciiondirecdepdenft set2.1'BotDtorInce'acaromposanenoCoGoteStatemtourrporavernanceen	☐in oCoGoSORt outtetatemtseurrporavernanceen☐llyd eidhis rdaionterttyttweare an exnamanagenanecommenistherfort aplicableee nop
2.6	Alisd eihouldhavforinducingtettytnse aprogramnewdirecdforiodicallyiewingheherheris adtortts anperrevweneeforisingdirecderkefesionldevlopttorto utattoexsnprosaemenininhekills adknoledgdedforheir roletatto ptmasnwe neeermdirecffecively.tortass e	☑(')t setion2.4'Directorinductiond ctinuingductionf oacanoneaourCoGoStetatemtrporavernanceen	☐in oCoGoSOt outtetatemtRseurrporavernanceen☐llyd eidhis rdaionterttyttweare an enamanagenanecommenxisherforlicablett apee nop
PRINCIP	LE3 –INSTILACULTUREOFACTINGLAWFULLY,ETHICALL	YANDRESPONSIBLY
3.1	Alisd eihould aiculaddisclosiluetettytte ats vnsrneas.	☑d whavdisclosd oluet:aneeeur vas a()Pa3'OviewfSaCoGoFrak'ftoste'geervonrporavernancemeworoCoGoStetatemtourrporavernanceen	☐in oCoGoSt outtetatemtseurrporavernanceen
3.2	Alisted etityhould:ns()havddisclosdef coducforidirecttstorae ane acoons,iorived eloydtsenexecus anmpees; an(b)haheboad oifheboadisttttteetensurerr acommorinford of aterialbrehesfthat code.menymaaco	☑d whavdisclosd odef coduct at:aneeeurcoonThe'CoGoionfheSabsitetttoste atce'rporavernanseconweh//ww/abou/co/ttptost-ute-s:w.san.comsrporagovernance	☐in oCoGoSt outtetatemtseurrporavernanceen
3.3	Alisd eihould:tettyns()havddiscloshisleblowlicydtae ane awerpo; an()bthattheboad oitteeftheboadisensurerr acommorinford of aterialincidents rted uderthatmenymaepornlicypo	☑d whavdisclosd ohistleblowlicyt:aneeeur werpoaThe'CoGoionfheSabsitetttoste atce'rporavernanseconweh//ww/abou/co/ttptost-ute-s:w.san.comsrporagovernance	☐in oCoGoSt outtetatemtseurrporavernanceen

CoGoCoil redaiontetrporavernanceunccommen		4 wWhebobelowisicked,havfollowdhettreaeeexdaioninfullforhehole ofheiod aboWetttrecommenpervewhavdisclosdhisinCoGoSttetatemt:eeourrporavernanceen	Whebobelowisicked,havNOTfollowdhettreaweeexdaioninfullforhehole ofheiod aboOutttrecommenperverwfordoing5treasonsnosoare:
3.4	Alisted etityhould:ns()havddisclosi-briberd cionlicyttae ane an ananorruppoy;dan()bhaheboad oifheboadisttttteetensurerr commorinford of aialbrehesfhalicytertt pmenymaacoo	☑d whavdisclosd oi-briberd cionlicyttt:aneeeuranyanorruppoaThe'CoGoionfheSabsitetttoste atce'rporavernanseconweh//ww/abou/co/ttptost-ute-s:w.san.comsrporagovernance	☐in oCoGoSt outtetatemtseurrporavernanceen

Corpora	teGoCoil redationvernanceunccommen	hebobelowisicked,4 whavfollowdheWttreaxeeedationinfullforthehole oftheiod aboWerecommenwpervehavdisclosdthisinCoteGoStatemt:eeourrporavernanceen	hebobelowisicked,havOfollowdheWtNTtreaxweeedationinfullforthehole oftheiod aboOurecommenwperver5fortdoingreasonsnosoare:
PRINCIP	LESAFEGUARDTHEINTEGRITYOFCORPORATEREPOR4 –	TS
4.1	Theboad of alisted etityhould:rns()havdiihich:t cotteeae an aummw()hasleahreberll of whom1tttase mems, aare nonivedirecd ajif whomttortyexecus anmaoroareindepdentdirectordens; an()2is chairedbyindepdendirechois nttortanen, wohehair ofheboad,ttcrddisclosane:()3heharfheitterttteecocomm;()helevlificaiond eienfhe4tt qttreanuas anxperceoberfheidttteemems ocomm; an()5in rlationto eh rtingiod,theberfeaceporpernumotimetheitteetthrohouttheiod adscommmeugperntheindividual attendanfthebertthoscesomems aeingtmees; or()bifidoehavdiidiscloshafacttt cotteettts noe an aumme,dheiloyhaindepdenlyifytt emtttanprocessespsenverd sfegdheinifiingttegtyts cte rtanauarroorporaepor,includingheforheind rltttmet anprocessesapponemovafhel audidheionfhedittertorttatttoexnaanrooaut ptneengagemenarr.	☑d whavdisclosd afheharfheitterttteet:aneeecopyococommatThe'CoGoionfheSabsitetttoste ace'rporavernanseconweh//ww/abou/cottptost-utes:w.san.comsrpora/co/itteef-the-boadgovernancemms-or()()dheinforionferdin phsdttto45t:anmarerearagrapanaQulificaionOnd8 ofhe2020AnlRet6,7 att,as:pagesnnuaporhich cbed atwanaccesseh//ww/inv/coing/ttptostorts:w.san.comessmpany-reporMeingd adanOn17 ofhe2020AnlRetttentt,es ancespagenuapor:hich cbed atwanaccesseh//ww/inv/coing/ttptostorts:w.san.comessmpany-repor	☐in oCoGoSt outtetatemtseurrporavernanceen
4.2	Theboad of alisd eihould,beforihetettyt aptrnseprovesifinaial sforfinaial piod, rivefrottytatemts'senncenancerecemiCEO adCFO adeclaraionhainheir oinionhetsttt,ttnp,finaial redsfheihavbeelyininedtttytanccoroenen propermadhahefinaial slyihheiattttatemts cttteanncenompapproprwingdadsd givedfair viewfhettantrutaccounsranae anofinaial piiond pforfheidhahettttytttncosanermanceoenaninionhasbeeford ohebasis of ad sf riskttemopnmensounsoydinl col whichis oingffecively.t antertrottmanagemennanperae	☑()ion'CO adCOf oCot set4.3EFAstee'acnsurancourrporaGoStatemtvernanceen	☐in oCoGoSt outtetatemtseurrporavernanceen
4.3	Alisted etityhoulddisclosits pto vifytheintegitynserocesserrf aiodic cte rtit releatotheketthatisonyperorporaeporsesmart audited oiewdbyterl auditornor reveanexna	☑()ion'Veificaionf piodic cf ot set5.5tte rts'acroerorporaeporourCoGoStetatemtrporavernanceen	☐in oCoGoSt outtetatemtseurrporavernanceen

CoGoCoil redaiontetrporavernanceunccommen		Whebobelowisicked,4 whavfollowdhettreaeeexdaioninfullforhehole ofheiod aboWetttrecommenpervewhavdisclosdhisinCoGoSttetatemt:eeourrporavernanceen	Whebobelowisicked,havNOTfollowdhettreaweeexdaioninfullforhehole ofheiod aboOutttrecommenperverwfordoing5treasonsnosoare:
PRINCIP	LE5 –MAKETIMELYANDBALANCEDDISCLOSURE
5.1	Alisd eihouldhavddisclosilicyfortettyttennse ane awrpolyingihiinudisclosbligiondertts cttcomponousureoas unwlisingle3.t1.ru	☑d whavdisclosd otinudiscloslianlicyaneeeurconousurecompcepot:ahe'CoGoionfheSabsittetttoste atce'rporavernanseconweh//ww/abou/co/ttptost-ute-s:w.san.comsrporagovernance	☐in oCoGoSt outtetatemtseurrporavernanceen
5.2	lisd eihould ehaiboad riveiesf allAtettytttsnsnsurereces copoterial mket ants ptlyftertheyhavbeemaarnouncemenrompaende.ma	☑(')ion'Makeicaiond cinudisclosft set5.4t cottacrmmunanonousureoCoGoStetatemtourrporavernanceen	☐in oCoGoSt outtetatemtseurrporavernanceen
5.3	Alisted etitythat gived sbstantiveinvtorns anew anuesorlyt ptationhould rleafthetationanasresensesea copyopresenterials otheASXMaketAntsPlatforheadmanrnouncemenm afheionttatopresen	☑(')ion'Makeicaiond cinudisclosft set5.4t cottacrmmunanonousureoCoGoStetatemtourrporavernanceen	☐in oCoGoSt outtetatemtseurrporavernanceen
CPRINIP	SCGSOSCOSLE6 –REPETTHERIHTFEURITYHLDER
6.1	Alisted etityhould pideinfortionboutitself aditsnsrovmaaninviaibsitotorts wte.governanceess ve	☑d whavdisclosdinforionboud ott usaneeemaaanurgovernanceonbsite at:ourweTheSabsih//ww/ ad atoste atttptostnwes:w.san.comnh//ww/abou/co/ttptost-ute-s:w.san.comsrporagovernance	☐in oCoGoSt outtetatemtseurrporavernanceen
6.2	Alisd eihouldhavinvlaionhatettytortttnse anesres programfaciliffeciveicaionihinvtatesttwotttore-waycommunwess.	☑(')t setion5.4'Maket coicationd ctinudisclosfacrmmunanonousureoCoGoStetatemtourrporavernanceen	☐in oCoGoSt outtetatemtseurrporavernanceen
36.	Alisd eihoulddiscloshowifacilid etettyttatesnseanncouragesicipioningf seiholderttt mttyparaaees ocurs.	☑d whavdisclosdhowfacilid eicipiontate attaneeewenncourage paraingf seiholdert mttyt:aees ocurs a(')ion'Makeicaiond cinudisclosft5.4t cottsecrmmunanonousureoCoGoStetatemtourrporavernanceen	☐t outin oCoteGoStatemtseurrporavernanceen
6.4	Alisted etityhould ethat all substantivelutiont ansnsureresos atingf seityholderdecidedbyll ratherthanbymeeocurs area pohowfhands.a so	☑(')ionkeicaiond cinudisclosft set5.4'Mat cottacrmmunanonousureoCoGoStetatemtourrporavernanceen	☐in oCoGoSt outtetatemtseurrporavernanceen

Corpora	GoCoil redaiontetvernanceunccommen	hebobelowisicked,4 whavfollowdheWttreaxeeedaioninfullforhehole ofheiod abotttWerecommenwpervehavdisclosdhisinCoGoSttetatemt:eeourrporavernanceen	hebobelowisicked,havOfollowdheWtNTtreaxweeedaioninfullforhehole ofheiod aboOutttrecommenwperverfordoing5treasonsnosoare:
6.5PRINCIP	Alisd eihould giveiholderheionivetettytyttto rnssecursopeceicaionfrod sd cicaionheittto,tttycommunsm,anenommunsendiiislecically.ts stytrytroanecurregenLE7 –RECOGNISEANDMANAGERISK	☑ion(keicaiond cinudisclos')ft set5.4'Mat cottacrmmunanonousureoCoteGoStatemtourrporavernanceen	☐in oCoGoSt outtetatemtseurrporavernanceen
7.1	heboad of alisd eihould:Ttettyrns()haviiisk, eh oftteetteeto oae acommorcommsverseerachich:w()hasleahreberjif whom1ttttyase mems, amaoroareindepdentdirectordens; an()2is chairedbyindepdendirecttoranen,ddisclosane:()3heharfheitterttteecocomm;()heberfheid4tttteemems ocomm; an()hed of eah reingiod,heber5ttttasaencporpernumftimetheitteetthrohouttheiodoscommmeugperdtheindividual attendanfthebertancesomems athostinge mees; or()bifidoehavisk ciihatttteetteetts noe arommorcomms()isfybovdiscloshafacdheitttt anttsaaae,eprocessesloyforingheiisk mtttyt's rempsoverseeenanagemenfrak.mewor	☑d whavdisclosd afheharfheitterttteet:aneeecopyococommatThe'CoGoionfheSabsitetttoste ace'rporavernanseconweh//ww/abou/cottptost-utes:w.san.comsrpora/coif-he-boad/tteetgovernancemms-or()()dheinforionferdin phsdttto45t:anmarerearagrapana()Mebertion3.1'Role adActivitiesfCoitteef os'ms: secnommourCoteGoStatemt ad o6,7 ad8 oftherporavernanceennn pagen2020AnlRet, which cbed atnuaporanaccesse//ww//co/hinvingttptostorts:w.san.comessmpany-reporMetingd attendanOn17 ofthe2020AnlRet,es ancespagenuapor:hich cbed atwanaccesse//ww//co/httptosinvtortings:w.san.comessmpany-repor	☐in oCoGoSt outtetatemtseurrporavernanceen
7.2	Theboad oifheboad should:tteetrr acommor()iewheiisk mfrak aleatttyttt's rarevenanagemenmeworsllyisfyilfhaiinubed adto sttsettt cottoannuaanessounnhaheiis oingihduedheisktttttytttotenperawregarribyheboad; adtte sttappeern()bdisclosin rlationto eh rtingiod, whethere,eaceporperh aiewhastakenlacsucrevpe.	☑d whavdisclosd wheheriewfheiisktttty's raneeearevoenfrak wderkenduringheingiodttattmanagemenmeworasunreporpert:a(')ion4.1'Risk mlesd ribiliiesf ott rotsecanagemenanesponsourCoGoStetatemtrporavernanceen	☐in oCoGoSt outtetatemtseurrporavernanceen

CoGoCoil redaiontetrporavernanceunccommen		4 wWhebobelowisticked,havfollowdthereaxeeedaioninfullforhehole ofheiod aboWetttrecommenwpervehavdisclosdhisinCoGoSttetatemt:eeourrporavernanceen	Whebobelowisticked,havNOTfollowdthereaxweeedaioninfullforhehole ofheiod aboOutttrecommenwperver5fordoingtreasonsnosoare:
7.3	lisd eihoulddisclosAtettynse:()ifithasinterl auditfuntionhowthefuntionisaannacc,d ad whaleifortruturt rot pscenerms; or()bifidoehavinl audifunionhafacdttterttttt ans noe annac,heiloyforluaingd cinullytt emttprocessespsevaanonaimpingheffecivefiiskttts groveness oovernance, rdinl col pt antertromanagemennanrocesses.	☑d whavdisclosdhowinl audifunionis sdtertttruturaneeeournacced whaleifort rot pt:anermsaion(ldi)f oCoGoSt4.2'InterAut'tetatemtsecnaourrporavernanceen	☐t outin oCoteGoStatemtseurrporavernanceen
7.4	Alisted etityhoulddiscloshetherithasterialnse wanymato eirontal orial risksd,ifitdoehowitexposurenvmensocans,indshosisks.tento mtmanagesoranagee r	☑d whavdisclosd wheherhavial exttertoaneeewee anymaposureironl and sial riskstat:envmenocaheOpingdFinaialReiewhais o82fhetttt1to7 oteraanncvn pagesAnlRehich cbefoud ahefollowinglink:2020t, wttnuaporann//ww//co/hinvingttptostorts:w.san.comessmpany-repord,if wdo,howindhosiskstento mtt:anewemanage oranagee raheOpingdFinaialReiewhais o1827 ofhetttttoteraanncn pagesv2020AnlRehich cbefoud ahefollowinglink:t, wttnuaporann//ww//co/httptosinvtortings:w.san.comessmpany-repor	☐in oCoGoSt outtetatemtseurrporavernanceen

CoGoCoil redaiontetrporavernanceunccommen		hebobelowisicked,4 whavfollowdheWttreaxeeedaioninfullforhehole ofheiod abotttWerecommenwpervehavdisclosdhisinCoGoSttetatemt:eeourrporavernanceen	hebobelowisicked,havOfollowdheWtNTtreaxweeedaioninfullforhehole ofheiod aboOutttrecommenwperverfordoing5treasonsnosoare:
PRINCI	PLE8 –REMUNERATEFAIRLYANDRESPONSIBLY
8.1	heboad of alisd eihould:Ttettyrns()havionihich:ttteeae aremuneracommw()hasleahreberjif whom1ttttyase mems, amaoroareindepdendirecdttorens; an()2is chairedbyindepdendirecttoranen,ddisclosane:()3theharterftheitteecocomm;()4heberfheidtttteemems ocomm; an()hed of eah reingiod,heber5ttttasaencporpernumfimeheihrohouheiodtttteettttoscommmeugperdheindividual adanfhebertttenttancesomems athostinge mees; or()bifidoehavionidisclostttttees noe aremuneracomme,hafacdheiloyforinghelevlttt antt emtttprocessespsseed ciionf reionfordirecd siortttoranomposomuneras anenived einghah reionisttt sutexecus annsurcmuneraiad nivete at exapproprnocess	☑d whavdisclosd aftheharterftheitteet:aneeecopyococommahe'CoGoionfheSabsitTtetttoste ace'rporavernanseconweh//ww/abou/cottptost-utes:w.san.comsrpora/coif-he-boad/tteetgovernancemms-or()()dheinforionferdin phs4d5tttot:anmarerearagrapana()Meberion3.'Role adAciviiesfCoif ot1ttttees'ms: secnommourCoGoSd od8 ofhetetatemt a6,7 atrporavernanceennn pagen22AnlRehich cbed a00t, wtnuaporanaccesseh//ww/inv/coing/ttptostorts:w.san.comessmpany-reporMeingd adanOn17 ofhe2020AnlRetttentt,es ancespagenuapor:hich cbed atwanaccesseh//ww/inv/coing/ttptostorts:w.san.comessmpany-repor	☐t outin oCoteGoStatemtORseurrporavernanceen☐llyd eidhis rdaionterttyttweare an exnamanagenanecommenisherforlicablett apee nop
8.2	lisd eihould slydisclosiliciesdAtettytets pnseparaeoanicedingheionf noivedirectttttorpracs regarremuneraon-execusdheionf exivedirecd oheriorttttortanremuneraoecus ansentiveexecus.	☑d whavdisclosd slyionliciesdtetaneeeeparaourremunerapoanicedingheionf noivedirecdtttttorpracs regarremuneraon-execus anheionf exivedirecd oheriorivettttorttremuneraoecus ansenexecust:aheReionReing31 ofhe2020ttt cotmunerapormmenconpageAnlRed n7.2 ad7.3hefinaial st antestottatemtsnuaporonncening59 ofhe2020AnlRehich cbett, wcommenconpagenuaporand ah//ww/inv/coing/tttptostortaccesses:w.san.comessmpany-repor	☐in oCoGoSORt outtetatemtseurrporavernanceen☐llyd eidhis rdaionterttyttweare an exnamanagenanecommenisherforlicablett apee nop

CoGoCoil redaiontetrporavernanceunccommen		Whebobelowisicked,4 whavfollowdhettreaxeeedaioninfullforhehole ofheiod aboWetttrecommenwpervehavdisclosdhisinCoGoSttetatemt:eeourrporavernanceen	Whebobelowisicked,havNOTfollowdhettreaxweeedaioninfullforhehole ofheiod aboOutttrecommenwperverfordoing5treasonsnosoare:
8.3	Alisted etityhichhasity-basd rtionhemnwanequeemunerascehould:s()havlicyhehericipidttts attetoae apoonwparanreperm(inionheherhrohheftertotrattttennsacswuguseo)derivaiveherisehichlimiheic risk oftttts or owweconomicipinginhehemdtttparasce; an()bdiscloshalicyfitt pt.eoora summaryo	☑d whavdisclosd olicyhisissfitt at:aneeeurpoonueora summaryo(')ion5.3'SeiiesDelingPolicyf oCottteseccuraourrporaGoSd ohe'CoGoiontatemt anttece'tvernanceennrporavernansec//ww/afheSabsihbouttoste atttptostonwes:w.san.com/co/te-usrporagovernance	☐in oCoGoSORt outtetatemtseurrporavernanceen☐dohavibasd rionhemdtty-twenoe an equeemunerasce anthis rdationistherfort aplicableORecommenee nop☐llyd eidhis rdaionterttyttweare an exnamanagenanecommenisherforlicablett apee nop
ADDITIO	NALRECOMMENDATIONSTHATAPPLYONLYINCERTAINCA	SES
9.1	Alisted etityith adirectorhodoet spkthelannwws noeaguagein whichboad oityholdertingheld okeyrr securmees arertedocts aittenhoulddisclosthecorporaumenre wrseprocessesithasin placto ethedirectordertandsd censureunsanantributetothedisciontthostingdconusss ae mees andertandsd cdischartheir obligtionin rlationtounsanangeasehosdoctts.eumen	☐d whavdisclosdinforionbouhein plactttt:aneeemaaprocessese a………………………………………………………………………[]inslocionttera	☐in oCoGoSORt outtetatemtseurrporavernanceen☑dothavdirectorinthis pitiondthiswenoe aosandationistherfort aplicableORrecommenee nop☐llyd eidhis rdaionterttyttweare an exnamanagenanecommenisherforlicablett apee nop
9.2	Alisd eiblished oideAulia should ehatettytatstrattnesusnsureingf seiholderheld able placdttyt amees ocurs arereasonae animet	☐	☐t outin oCoteGoStatemtORseurrporavernanceen☑blishedinAulia adhis rdaionistatrattweare essnecommenherforlicableORtt apee nop☐llyd eidhis rdaionterttyttweare an enamanagenanecommenxisherforlicablett apee nop
9.3	Alisd eiblished oideAulia,d allytettytatstraternesusann exnadlisd eihahasAGM,hould ehaitettytttttsmanagenansnsurel audidsiAGM adis ailabletertorttentsto aexnaanvanswerionfroiholderlevhedittyttott.quessm securs reanau	☐	☐t outin oCoteGoStatemtORseurrporavernanceen☑blishedinAulia ad nllydtatrat anterweare essnoexnamanagelisd eidhis rdaionisherfortettyttttnanecommenee nolicableapp☐llyd eihadoehold aterttytttweare an enamanagens nonxAGM adhis rdaionisherforlicabletttt apnecommenee nop

CoGoCoil redaiontetrporavernanceunccommen		Whebobelowisicked,4 whavfollowdhettreaxeeedaioninfullforhehole ofheiod aboWetttrecommenwpervehavdisclosdhisinCoGoSttetatemt:eeourrporavernanceen	Whebobelowisicked,havNOTfollowdhettreaxweeedaioninfullforhehole ofheiod aboOutttrecommenwperverfordoing5treasonsnosoare:
ADDITIONALDISCLOSURESAPPLICABLETOEXTERNALLYMANAGEDLISTEDENTITIES –NOTAPPLICABLE
-	AliveRedaionforllydterttot1.1ternacommenexnamanagelisd eiiestettn:Theible etityf aterllydlisted etityresponsnon exnamanagenhoulddisclosse:()hebeheible eidhettstwetttytaarrangemenenresponsnanlisd eiforingheffairsfhelisd eitettytttettynmanagaon;dan()bthele ad ribilityftheboad oftheibleronesponsorresponsiforinghosttytts.enoverseee arrangemen	☐()d whavdisclosdheinforionferdin phstttoaneeemarerearagrapa()dbt:ana…………………………………………………………………………….[]instloctionera	☐t outin oCoteGoStatemtseurrporavernanceen
-	AliveRedaion8.8.2 ad8.3forllyterttot1,ternacommensnexnadlisd eiiestettmanagen:Anterllydlisted etityhould clealydisclostheexnamanagensreteringthetionfthemsgovernremuneraomanager.	☐d whavdisclosdheingionttertaneeemsgovernour remuneraasfheitttyt:manageroena…………………………………………………………………………….[inslocion]ttera	☐t outin oCoteGoStatemtseurrporavernanceen