Præmium's Board has adopted the corporate governance framework by which the Australian entities within the group operate. The framework provides guidance for the board and all employees in defining their roles, responsibilities and conduct. The framework also assists the company in complying with its regulatory and legislative requirements. To the maximum extent possible under the applicable laws and commercial frameworks the UK subsidiaries and UK based employees are also expected to operate consistently with this framework.
Præmium's corporate governance framework comprises:
Together these documents outline the responsibilities, functions and composition of the Board and its sub-committees.
In preparing its corporate governance framework, Præmium has addressed each of the ASX Corporate Governance Council's 'Principals of Good Corporate Governance and Best Practice Recommendations' ('Principles').
Praemium sets high standards of honesty, integrity, ethical and law- abiding behaviour for its directors and staff. The following documents articulate those standards and requirements, set out how Praemium identifies and deals with conflicts of interests, it’s policies in respect to trading by directors and staff in PPS Shares and the protections that it provides to directors and staff who are ‘whistleblowers’.
Præmium's Shareholder Communications Policy sets out how communications will be sent to shareholders.
Praemium, its Board and Management are committed to ensuring that PPS as a public listed company complies with the disclosure requirement of the Listing Rules of the Australian Stock Exchange (ASX) and the Corporations Act. The Præmium's Continuous Market Disclosure Policy & Procedure sets out how it seeks to achieve this.
Praemium respects the privacy of its shareholders and has developed this Third Party Access to Information Contained in Register of Members policy and procedures to ensure information about its share register is only released to third parties for proper purposes and in accordance with requirements of applicable laws.
Remuneration
Audit & Compliance
Risk Assessment & Management
PPS and its Australian subsidiaries are audited by Grant Thornton Audit Pty Ltd.
All group entities have a July – June financial year.
PPS requests its external auditor attend annual general meetings and be available at those meeting to answer shareholders questions about the conduct of the audit and the preparation and content of the auditors report.
The external auditor is appointed in accordance with the Auditor Rotation Policy.