Kula-Gold-Logo 50The Board is committed to ensuring that Kula Gold Limited (“Kula” or the “Company”) is properly managed to protect and enhance shareholder interests, and that Kula Gold, its directors, officers and employees operate in an appropriate environment of corporate governance.

Accordingly, the Board has adopted corporate governance policies and practices (the majority of which are in accordance with ASX’s Corporate Governance Principles and Recommendations (ASX Recommendations) designed to promote the responsible management and conduct of Kula Gold. Where the Company’s practices do not correlate with the ASX Recommendations, Kula Gold is working towards compliance but does not consider that all practices are appropriate for the size and scale of Kula Gold’s operations. The Board continues to review the framework and practices to ensure they meet the interests of shareholders. The Company and its controlled entity together are referred to as the Group in this statement.

A description of the Group’s main corporate governance practices is set out in the links below.

All these practices, unless otherwise stated, were in place for the entire year.

Details of Kula Gold’s key policies and charters for the Board and each of its committees are available upon request to the Company secretary via cosec@kulagold.com.au