Corporate Governance

The Board is responsible for the corporate governance of the Company.  The Board guides and monitors the business and affairs of SPB on behalf of the shareholders by whom they are elected and to whom they are accountable.

Commensurate with the spirit of the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations (Principles & Recommendations), the Company has followed each recommendation where the Board has considered it to be an appropriate benchmark for its corporate governance practices, taking into account factors such as the size of the Company and the Board, the resources available and the activities of the Company.

The Company’s corporate governance policies and practices are reflective of the Company’s current status.  As the Company’s activities develop in size, nature and scope, the Board will reconsider and review the Company’s corporate governance structures.

The following governance-related documents are on this website:

The following governance-related documents will be available on the Company’s website, under the section marked “Corporate Governance” shortly:

  • Policy and Procedure for Selection and (Re)Appointment of Directors
  • Process for Performance Evaluations)
  • Procedure for the Selection, Appointment and Rotation of External Auditor