BioProspect prides itself on its commitment to excellence in all aspects of its operation, including corporate governance.
Corporate Governance
The Directors and Management of BioProspect are committed to excellence in corporate governance and support the Principles of Good Corporate Governance and Recommendations developed by the Australian Stock Exchange's Corporate Governance Council ('the principles') as the basis for enhancing the credibility and transparency of our capital markets.Consistent with BioProspect's values, the Board has developed and implemented policies and practices which are consistent with the principles. BioProspect prides itself on its commitment to excellence in all aspects of its operation, including corporate governance.
In addition to the comments made above, BioProspect does reserve the right to vary, modify or ignore some of the principles on the basis that some of them are more appropriate for larger sized companies where extra resources can be made available to form separate committees for example.
Use the following links to access BioProspect's corporate governance policies. All policies are presented in pdf format:
Continuous Disclosure PolicyThe Continuous Disclosure Policy provides a framework to assist BioProspect achieve its aims of keeping the market informed of material information and enhancing its communication with the market, thereby ensuring its compliance with legal requirements.
BioProspect Board CharterThe Board Charter sets out the key governance principles adopted by the Board in managing the company.
Board Performance Review PolicyThe Board Performance Review Policy sets out the Board's guidelines for reviewing its performance and those of its Committees to maintain peak performance.
Audit Committee CharterThe Audit Committee Charter has a responsibility to make recommendations to the Board on the adequacy of auditing and compliance procedures.
Code of ConductThe Code of Conduct sets out the principles that BioProspect's Board, employees, and contractors are expected to uphold in order to promote the best interests of BioProspect and its shareholders.
Investor Relations PolicyThe Investor Relations Policy is designed to promote effective communication with shareholders, provide them with understandable information about BioProspect and simplify their participation at general meetings.
Remuneration PolicyThe Remuneration Policy defines the overall remuneration structure for BioProspect and details policies and performance criteria.
Insider Trading PolicyThe Insider Trading Policy provides a framework to assist the Directors and employees of Bioprospect understand their legal obligations with respect to insider trading.