Appendix 4G: Key to Disclosure Corporate Governance Council Principles and Recommendation – 30 June 2019

ABN / ARBN:

Financial year ended:

15 106 067 270

30 June 2018

☒

This URL on our website:

http://tassalgroup.com.au/investors/governance/policies/

Corporate Governance Council recommendation

We have followed the recommendation in full for the whole of the

We have

period above. We have disclosed …

of the pe

PRINCIPLE 1 - LAY SOLID FOUNDATIONS FOR MANAGEMENT AND OVERSIGHT

1.1

A listed entity should disclose:

… the fact that we follow this recommendation:

☐ an

(a)

the respective roles and responsibilities of its board and

☒ in our Corporate Governance Statement OR

St

management; and

☐ at [insert location]

☐ we

(b)

those matters expressly reserved to the board and those

is

delegated to management.

… and information about the respective roles and responsibilities of

our board and management (including those matters expressly

reserved to the board and those delegated to management):

☒ athttp://tassalgroup.com.au/investors/governance/policies/

1.2

A listed entity should:

… the fact that we follow this recommendation:

☐ an

(a)

undertake appropriate checks before appointing a person, or

☒ in our Corporate Governance Statement OR

St

putting forward to security holders a candidate for election,

☐ we

as a director; and

☐ at [insert location]

(b)

provide security holders with all material information in its

is

possession relevant to a decision on whether or not to elect

or re-elect a director.

1.3

A listed entity should have a written agreement with each director

… the fact that we follow this recommendation:

☐ an

and senior executive setting out the terms of their appointment.

☒ in our Corporate Governance Statement OR

St

☐ at [insert location]

☐ we

is

1.4

The company secretary of a listed entity should be accountable

… the fact that we follow this recommendation:

☐ an

directly to the board, through the chair, on all matters to do with the

☒ in our Corporate Governance Statement OR

St

proper functioning of the board.

☐ we

☐ at [insert location]

is

Corporate Governance Council recommendation

We have followed the recommendation in full for the whole of the

We have NOT followed the recommendation in full for the whole

period above. We have disclosed …

of the period above. We have disclosed …4

1.5

A listed entity should:

… the fact that we have a diversity policy that complies with

☐ an explanation why that is so in our Corporate Governance

(a)

have a diversity policy which includes requirements for the

paragraph (a):

Statement OR

board or a relevant committee of the board to set

☒ in our Corporate Governance Statement OR

☐ we are an externally managed entity and this recommendation

measurable objectives for achieving gender diversity and to

☐ at [insert location]

is therefore not applicable

assess annually both the objectives and the entity's progress

in achieving them;

… and a copy of our diversity policy or a summary of it:

(b)

disclose that policy or a summary of it; and

☒ athttp://tassalgroup.com.au/investors/governance/policies/

(c)

disclose as at the end of each reporting period the

measurable objectives for achieving gender diversity set by

the board or a relevant committee of the board in accordance

… and the measurable objectives for achieving gender diversity set by

with the entity's diversity policy and its progress towards

the board or a relevant committee of the board in accordance with our

achieving them and either:

diversity policy and our progress towards achieving them:

(1) the respective proportions of men and women on the

☒ in our Corporate Governance Statement OR

board, in senior executive positions and across the

☐ at [insert location]

whole organisation (including how the entity has defined

"senior executive" for these purposes); or

… and the information referred to in paragraphs (c)(1) or (2):

(2) if the entity is a "relevant employer" under the Workplace

☒ in our Corporate Governance Statement OR

Gender Equality Act, the entity's most recent "Gender

Equality Indicators", as defined in and published under

☒ athttp://tassalgroup.com.au/investors/governance/policies/

that Act.

1.6

A listed entity should:

… the evaluation process referred to in paragraph (a):

☐ an explanation why that is so in our Corporate Governance

(a)

have and disclose a process for periodically evaluating the

☒ in our Corporate Governance Statement OR

Statement OR

performance of the board, its committees and individual

☒ athttp://tassalgroup.com.au/investors/governance/policies/

☐ we are an externally managed entity and this recommendation

directors; and

(b)

disclose, in relation to each reporting period, whether a

is therefore not applicable

performance evaluation was undertaken in the reporting

… and the information referred to in paragraph (b):

period in accordance with that process.

☒ in our Corporate Governance Statement OR

☐ at [insert location]

Corporate Governance Council recommendation

We have followed the recommendation in full for the whole of the

We have NOT followed the recommendation in full for the whole

period above. We have disclosed …

of the period above. We have disclosed …4

1.7

A listed entity should:

… the evaluation process referred to in paragraph (a):

☐ an explanation why that is so in our Corporate Governance

(a)

have and disclose a process for periodically evaluating the

☒ in our Corporate Governance Statement OR

Statement OR

performance of its senior executives; and

☒ athttp://tassalgroup.com.au/investors/reports/annual‐

☐ we are an externally managed entity and this recommendation

(b)

disclose, in relation to each reporting period, whether a

reports/

is therefore not applicable

performance evaluation was undertaken in the reporting

period in accordance with that process.

… and the information referred to in paragraph (b):

☒ in our Corporate Governance Statement OR

☒ athttp://tassalgroup.com.au/investors/reports/annual‐

reports/

Corporate Governance Council recommendation

We have followed the recommendation in full for the whole of the

We have NOT followed the recommendation in full for the whole

period above. We have disclosed …

of the period above. We have disclosed …4

PRINCIPLE 2 - STRUCTURE THE BOARD TO ADD VALUE

2.1

The board of a listed entity should:

[If the entity complies with paragraph (a):]

☐ an explanation why that is so in our Corporate Governance

(a)

have a nomination committee which:

… the fact that we have a nomination committee that complies with

Statement OR

(1) has at least three members, a majority of whom are

paragraphs (1) and (2):

☐ we are an externally managed entity and this recommendation

independent directors; and

☒ in our Corporate Governance Statement OR

is therefore not applicable

(2) is chaired by an independent director,

☐ at

and disclose:

(3) the charter of the committee;

… and a copy of the charter of the committee:

(4) the members of the committee; and

☒ athttp://tassalgroup.com.au/investors/governance/policies/

(5) as at the end of each reporting period, the number of

times the committee met throughout the period and

the individual attendances of the members at those

… and the information referred to in paragraphs (4) and (5):

meetings; or

☐ in our Corporate Governance Statement OR

(b)

if it does not have a nomination committee, disclose that

fact and the processes it employs to address board

☒ athttp://tassalgroup.com.au/investors/reports/annual‐

succession issues and to ensure that the board has the

appropriate balance of skills, knowledge, experience,

reports/

independence and diversity to enable it to discharge its

duties and responsibilities effectively.

[If the entity complies with paragraph (b):]

… the fact that we do not have a nomination committee and the

processes we employ to address board succession issues and to

ensure that the board has the appropriate balance of skills,

knowledge, experience, independence and diversity to enable it to

discharge its duties and responsibilities effectively:

☐ in our Corporate Governance Statement OR

☐ at [insert location]

2.2

A listed entity should have and disclose a board skills matrix

… our board skills matrix:

☐ an explanation why that is so in our Corporate Governance

setting out the mix of skills and diversity that the board currently

☒ in our Corporate Governance Statement OR

Statement OR

has or is looking to achieve in its membership.

☐ we are an externally managed entity and this recommendation

☐ at [insert location]

is therefore not applicable