Corporate Governance

Perilya Limited is an S&P/ASX 200 listed company and is subject to the rules of the Australian Securities Exchange Limited (ASX), the Corporations Act 2001 (Cth) and other Australian and international laws and regulations.

Perilya is committed to a corporate governance regime which reflects Perilya’s business principles and is designed to address Perilya’s responsibilities to its shareholders, employees, the community and other stakeholders.

Governance Professional of the Year Award

Perilya's company secretary, Darryl Edwards, was selected as the winner of the prestigious Governance Professional of the Year with an ASX-listed company other than an ASX 100 company award. The presentation to announce the award winners was held in Sydney on 19 February 2008.

The Governance Professional of the Year awards were created by the peak professional body, Chartered Secretaries Australia, to recognise individuals who, in the opinion of the judges, personify the highest standards of governance practice in Australia. The awards recognise the increasing role that governance professionals play in overall organisational performance.

Darryl was one of three finalists, each representing, the attributes and achievements that are the hallmark of best practice in the field of Governance.

ASX Principles and Recommendations

Coroprate governance is a dynamic force which continues to evolve. In March 2003, the ASX Corporate Governance Council released its first Principles of Good Corporate Governance and Best Practice Recommendations (ASX Principles). These original ASX Principles provided a framework for good corporate governance and included 10 core principles and 32 specific recommendations. These principles have since been revised to eight key fundamentals following wide consultation and will take effect from 1 January 2008.

All ASX listed companies are required to provide a statement in the annual report disclosing the extent to which they have followed the ASX Principles in the reporting period. Where companies have not followed all the ASX Principles they must identify those ASX Principles that have not been followed and give reasons for not following them.

Perilya's ASX Principles Compliance Statement describes the manner in which Perilya complies with the ASX Principles.

Key features and practices of Perilya’s governance framework are provided under the links below.

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