The Company has several corporate governance practices in place that are formally embodied in corporate governance policies and codes adopted by the Board (Policies).

The aim of the Policies is to ensure that the Company is effectively directed and managed, that risks are identified, monitored and assessed and that appropriate disclosures are made.

In preparing the Policies, the Directors considered the ASX Principles of Corporate Governance and Best Practice Recommendations (Recommendations). The Directors incorporated the Recommendations into the Policies to the extent that the Recommendations were appropriate, taking into account the Company’s size, the structure of the Board, its resources and its proposed activities.

The Board has adopted the following Policies:

MYL Corporate Governance Plan

Schedule 1 – Code of Conduct

Schedule 2 – Securities Trading Policy

Schedule 3 – Performance Evaluation Policy

Schedule 4 – Continuous Disclosure Policy

Schedule 5 – Risk Management Policy

Schedule 6 – Policy on Selection Appointment and Rotation of External Auditors

Schedule 7 – Shareholder Communications Strategy

As the Company and its activities grow, the Board will consider the implementation of additional corporate governance structures and committees.

The Myanmar Metals Corporate Governance Statements can be accessed below.

171006 MYL Corporate Governance Statement 2017