CORPORATE
GOVERNANCE
STATEMENT
The ARTC Board currently comprises eight
members. The Board is chaired by an
Independent Non-Executive Director and
the roles of the Chairman and Managing
Director are separate. The Managing
Director is the only Executive Director on
the Board and is also the Chief Executive
Officer. All of the other Directors are
Independent Non-Executive Directors.
ASX PRINCIPLES OF GOOD
CORPORATE GOVERNANCE
ARTC’s system of corporate governance
reflects the eight principles enunciated in
the ASX “Corporate Governance Principles
and Recommendations”. The following
indicates where specific ASX Principles are
dealt with in this statement:
Principle 1:
Lay solid foundations for management
and oversight
—— The Board
—— Accountability and Audit
—— Board Committees
Principle 2:
Structure the Board to add value
—— The Board
—— Board Committees
Principle 3:
Promote ethical and responsible
decision making
—— Governance policies
Principle 4:
Safeguard integrity in financial reporting
—— Accountability and Audit
—— Board Committees
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