None of the members of the R&N Committee are considered by the Board to be independent Directors. Dr Syrmalis is the Chairman of the R&N Committee and is not considered by the Board to be an independent Director. The R&N Committee does not currently have a majority of independent Directors or an independent Chair and therefore does not comply with Recommendation 2.1.
The Board does not have a formal board skills matrix, and therefore does not comply with Recommendation 2.2
There are no Directors considered by the Board to be independent Directors. iQ3Corp does not have a majority of independent Directors and therefore does not comply with Recommendation 2.4
iQ3Corp does not comply with Recommendation 2.5.
The A&R Committee does not have a majority of independent Directors and is not chaired by an independent Director who is not also the Chair of the Board; therefore, the A&R Committee does not comply with Recommendation 4.1.
The R&N Committee does not currently have a majority of independent Directors or an independent Chair and therefore does not comply with Recommendation 8.1.
Nice job on Corporate Governance
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- Ann: 2020 Corporate Governance Statement
Ann: 2020 Corporate Governance Statement, page-2
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