The Board of Directors of IGDX will be responsible for the corporate governance of the company including its strategic development.
The format of this section is guided by the ASX corporate Governance Council’s best practice recommendations. The Company’s corporate governance principle and polices are therefore structured as follows:
Principle 1: Lay solid foundations for management and oversight
Principle 2: Structure the Board to add value
Principle 3: Promote ethical and responsible decision making
Principle 4: Safeguard integrity in financial reporting
Principle 5: Make timely and balanced disclosure
Principle 6: Respect the rights of shareholders
Principle 7: Recognize and manage risk
Principle 8: Encourage enhanced performance
Principle 9: Remunerate fairly and responsibly
Principle 10: Recognize the legitimate interest of the stake holders
With the exception of the departures of the Corporate Goverance Councile recommendations in relation to the independence of the Board, the nomination committee and the audit , risk and compliance committee as detailed below, the corporate governance practices of the Company are compliant with the Council's best practice recommendations. |