ASX CORPORATE GOVERNANCE PRINCIPLES
The ASX Corporate Governance Council has Corporate Governance Principles and Recommendations (the Principles) that are designed to maximise corporate performance and accountability to meet the reasonable expectations of investors and other stakeholders. The Principles encompass matters such as board composition, committees and compliance procedures.
The Principles (3rd edition) can be viewed at www.asx.com.au. The Principles are not prescriptive, however listed entities (including Prime Media Group) are required to disclose the extent of their compliance with the Principles, and to explain why they have not adopted a Principle if they consider it inappropriate in their particular circumstances.
CORPORATE GOVERNANCE STATEMENT
Prime Media Group’s corporate governance statement provides an overview of Prime Media Group’s corporate governance practices in the form of a report against the Principles, and is set out below.