Centaurus operates within a regulatory environment that mandates the 
implementation of key corporate governance principles. These principles 
already address most of the issues likely to be reviewed by potential investors 
who may be a signatory to the Principles of Responsible Investment (PRI).
The Australian Corporations Act includes a 
range of provisions which either directly or 
indirectly relate to corporate governance 
including:
	> Statutory directors’ and officers’ duties
	> Rules pertaining to the appointment, 
rotation and removal of independent 
company auditors
	> Financial and annual reporting requirements
	> Director and senior executive remuneration 
reporting requirements, including the non-
binding vote on the remuneration report and 
the ‘two-strikes’ rule
	> Continuous and specific periodic disclosure 
for public entities to ensure that trading 
occurs on public markets that are ‘fully 
informed’
	> Directors’ and members’ meeting 
procedures and rights
The ASX Listing Rules also require listed 
companies to comply with specific corporate 
governance requirements for:
	> Disclosure of corporate governance 
practices
	> Sub-committee establishment and 
composition
	> Adoption of a securities dealing policy for 
companies’ directors and employees
	> Establishment of a whistleblower policy
	> Continuous and periodic reporting
	> Notification of directors’ interests
Australian Securities Exchange-listed 
companies must prepare and publish a 
Corporate Governance Statement which 
outlines their governance practices as 
compared to the ASX Corporate Governance 
Council’s Corporate Governance Principles 
and Recommendations.  
Centaurus’ current Corporate Governance 
Statement is published on its website and is 
updated at least annually.
As a listed mining entity, Centaurus is required 
to meet additional disclosure requirements in 
relation to corporate reporting and to comply 
with industry codes which set minimum 
standards for public reporting of exploration 
results, Mineral Resources and Ore Reserves.
34
OUR 
GOVERNANCE

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