Board Charter

Last reviewed: June 2023

1. Purpose of this Charter

2. Values and Purpose

3. Stakeholders

4. Authority

5. Roles and Responsibilities

6. Powers

7. Board Membership and Succession

8. Independence, Fitness and Propriety

9. Appointment of New Directors

10. Election of directors

11. Board Renewal

12. Chairman of the Board

13. Meetings

14. Board Committees

15. Board Remuneration & Evaluation

16. Conflicts of Interest

17. Access to Information and Independent Advice by Directors

18. Indemnity and Directors' and Officers' Insurance

19. Director Eligibility

20. Charter Review

Important Information

1. As defined by the Treasury Laws Amendment (Banking Executive Accountability and Related Measures) Act 2018.

2. For the avoidance of the doubt, the People & Culture Committee has the remuneration related responsibilities contemplated under CPS 510 Governance.

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