Wellcomcomau the charter details the boards

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Unformatted text preview: section of the Company website at www.wellcom.com.au. The charter details the board’s composition and responsibilities. Composition of the board The Company’s corporate governance charter requires the board to comply as far as practicable with the following requirements regarding its composition: • the board must comprise members with a range of experience, expertise, skills and contacts relevant to the Group and its business; • there must be at least three (3) directors appointed in accordance with the Constitution of the Company which requires a minimum of three (3) and a maximum of seven (7) directors; • the number of directors may be increased where the board considers that additional expertise is required in specific areas or when an outstanding candidate is identified. Directors’ independence Directors of the Group are considered to be independent when they are independent of management and free from any business or other relationship that could materially interfere with, or could reasonably be perceived to materially interfere with the exer...
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This document was uploaded on 02/06/2014.

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