20974 29Metals AR23 WEB V1 - Flipbook - Page 90
29Metals 2023 Annual Report
86
Directors’ Report continued
11
29Metals Appendix 4E and Annual Financial Report for 29Metals Limited and its Controlled Entities for the year ended 31 December 2023
Directors’ Report
▪
none of the services undermined the general principles relating to auditor independence as set out in A S 110 Code o t ics or ro essional
Accountants. These include reviewing or auditing the auditor’s own work, acting in a management or a decision making capacity for 29Metals or its
controlled entities, acting as advocate for the Company or ointly sharing economic risk and rewards.
Y received or are due to receive the following amounts for the provision of non audit services
2023
$
Ta governance services
2 ,000
Corporate Governance
The Board of 29Metals has ultimate responsibility for the management of 29Metals’ business, including ensuring that appropriate governance
arrangements are in place. The Board has created a framework for managing the Company, including adopting corporate governance policies and
processes, internal controls and a risk management framework, that are designed to promote the responsible management and conduct of the Company.
29Metals’ corporate governance framework has been developed having regard to the Corporate Governance Principles and Recommendations
(4th edition) published by the ASX Corporate Governance Council (the ‘^y'WZ’). Annually, 29Metals publishes a corporate governance statement that
sets out the e tent to which the Company has followed the ASXCGPR for the relevant reporting period. 29Metals will publish its 2023 corporate
governance statement and Appendi 4G in April 2024. A copy of 29Metals’ corporate governance statement will be made available on the 29Metals
website.
29Metals’ 2022 corporate governance statement was released to the ASX announcements platform on 28 April 2023 and is available on 29Metals’
website at https www.29metals.com about corporate governance.
Further information regarding 29Metals’ corporate governance framework, including copies of the charters of the Board and each of its Committees, and
key corporate governance policies, is available on the 29Metals website at https www.29metals.com about corporate governance.
Likely Developments
The perating and Financial Review on pages 3 33 of this document sets out information on the Group’s business strategies and likely developments.
ther than the information set out in the perating and Financial Review, further information about likely developments in the operations of the Group
and the e pected results of those operations in future financial years has not been included in this report because disclosure of the information would be
likely to result in unreasonable pre udice to the Group.
Rounding of Amounts
29Metals is a company of the kind referred to in ASIC Corporations (Rounding in Financial/Directors’ Reports) Instrument 2016/191 and, in accordance
with that Instrument, amounts in the Directors’ Report and the Consolidated Financial Statements are rounded to the nearest thousand dollars e cept
where otherwise stated.
Auditor’s Independence Declaration
The auditor’s independence declaration is set out on page 2 and forms part of the Directors’ Report for FY2023.
Remuneration Report
The Remuneration Report is set out on pages 3
9 of this document and forms part of this Directors’ Report.
Signed in accordance with a resolution of the Directors on 23 February 2024.
11
KǁĞŶ,ĞŐĂƌƚLJKD
&ŝŽŶĂZŽďĞƌƚƐŽŶD
C air o t e oard o Directors
on e ecuti e Director
C air o t e Audit
o ernance
Ris Committee
Independent on e ecuti e Director
