Commitment to Good Governance
Karoon is committed to a high standard of corporate governance and fostering a culture that values ethical behaviour, integrity and respect. Operating in accordance with these high standards is essential for sustainable long-term performance and value creation.
As a listed entity Karoon must comply with the Corporations Act 2001 (Cth) (‘Corporations Act 2001’), the Australian Securities Exchange (‘ASX’) Listing Rules and other Australian and international laws. The ASX Listing Rules require Karoon to report on the extent to which it has followed the Corporate Governance Recommendations contained in the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations (‘ASXCGC Recommendations’).