For personal use only
Rules 4.7.3 and 4.10.3
Appendix 4G
Key to Disclosures
Corporate Governance Council Principles and Recommendations
Name of entity
Asian American Medical Group Limited
ABN/ARBN | Financial year ended: | |
42 091 559 125 | 31 August 2021 | |
Our corporate governance statement1 for the period above can be found at:2
- These pages of our annual report: Pages 22 to 27
- This URL on our website:
The Corporate Governance Statement is accurate and up to date as at 3rd November 2021 and has been approved by the board.
The annexure includes a key to where our corporate governance disclosures can be located.3
Date: 25 November 2021
Dario Nazzari
Company Secretary
Asian American Medical Group Limited
1 "Corporate governance statement" is defined in Listing Rule 19.12 to mean the statement referred to in Listing Rule 4.10.3 which discloses the extent to which an entity has followed the recommendations set by the ASX Corporate Governance Council during a particular reporting period.
Listing Rule 4.10.3 requires an entity that is included in the official list as an ASX Listing to include in its annual report either a corporate governance statement that meets the requirements of that rule or the URL of the page on its website where such a statement is located. The corporate governance statement must disclose the extent to which the entity has followed the recommendations set by the ASX Corporate Governance Council during the reporting period. If the entity has not followed a recommendation for any part of the reporting period, its corporate governance statement must separately identify that recommendation and the period during which it was not followed and state its reasons for not following the recommendation and what (if any) alternative governance practices it adopted in lieu of the recommendation during that period.
Under Listing Rule 4.7.4, if an entity chooses to include its corporate governance statement on its website rather than in its annual report, it must lodge a copy of the corporate governance statement with ASX at the same time as it lodges its annual report with ASX. The corporate governance statement must be current as at the effective date specified in that statement for the purposes of Listing Rule 4.10.3.
Under Listing Rule 4.7.3, an entity must also lodge with ASX a completed Appendix 4G at the same time as it lodges its annual report with ASX. The Appendix 4G serves a dual purpose. It acts as a key designed to assist readers to locate the governance disclosures made by a listed entity under Listing Rule 4.10.3 and under the ASX Corporate Governance Council's recommendations. It also acts as a verification tool for listed entities to confirm that they have met the disclosure requirements of Listing Rule 4.10.3.
The Appendix 4G is not a substitute for, and is not to be confused with, the entity's corporate governance statement. They serve different purposes and an entity must produce each of them separately.
- Tick whichever option is correct and then complete the page number(s) of the annual report, or the URL of the web page, where your corporate governance statement can be found. You can, if you wish, delete the option which is not applicable.
- Throughout this form, where you are given two or more options to select, you can, if you wish, delete any option which is not applicable and just retain the option that is applicable. If you select an option that includes "OR" at the end of the selection and you delete the other options, you can also, if you wish, delete the "OR" at the end of the selection.
See notes 4 and 5 below for further instructions on how to complete this form.
ASX Listing Rules Appendix 4G (current at 17/7/2020) | Page 1 |
Appendix 4G
Key to Disclosures Corporate Governance Council Principles and Recommendations
ANNEXURE - KEY TO CORPORATE GOVERNANCE DISCLOSURES
r personal use only
Corporate Governance Council recommendation | Where a box below is ticked,4 we have followed the | Where a box below is ticked, we have NOT followed the | |
recommendation in fullfor the wholeof the period above. We | recommendation in full for the whole of the period above. Our | ||
have disclosed this in our Corporate Governance Statement: | reasons for not doing so are:5 | ||
PRINCIPLE 1 - LAY SOLID FOUNDATIONS FOR MANAGEMENT AND OVERSIGHT | |||
1.1 | A listed entity should have disclosed: | ….. the fact that follow this recommendation: | ☐ set out in our Corporate Governance Statement OR |
(a) the respective roles and responsibilities of its board and | ☒ in our Corporate Governance Statement OR | ☐ we are an externally managed entity and this recommendation | |
management; and | ☐ at [insert location] | is therefore not applicable | |
(b) those matters expressly reserved to the board and those | |||
delegated to management. | |||
1.2 | A listed entity should: | ….. the fact that follow this recommendation: | ☐ set out in our Corporate Governance Statement OR |
(a) undertake appropriate checks before appointing a director or | ☒ in our Corporate Governance Statement OR | ☐ we are an externally managed entity and this recommendation | |
senior executive or putting someone forward for election as | ☐ at [insert location] | is therefore not applicable | |
a director; and | |||
(b) provide security holders with all material information in its | |||
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 follow this recommendation: | ☐ set out in our Corporate Governance Statement OR |
and senior executive setting out the terms of their appointment. | ☒ in our Corporate Governance Statement OR | ☐ we are an externally managed entity and this recommendation | |
☐ at [insert location] | is therefore not applicable | ||
1.4 | The company secretary of a listed entity should be accountable | ….. the fact that follow this recommendation: | ☐ set out in our Corporate Governance Statement OR |
directly to the board, through the chair, on all matters to do with | ☐ in our Corporate Governance Statement OR | ☐ we are an externally managed entity and this recommendation | |
the proper functioning of the board. | |||
is therefore not applicable | |||
☒ this has been complied with but not disclosed in the corporate | |||
governance statement | |||
- Tick the box in this column only if you have followed the relevant recommendation in fullfor the wholeof the period above. Where the recommendation has a disclosure obligation attached, you must insert the location where that disclosure has been made, where indicated by the line with "insert location" underneath. If the disclosure in question has been made in your corporate governance statement, you need only insert "our corporate governance statement". If the disclosure has been made in your annual report, you should insert the page number(s) of your annual report (eg "pages 10-12 of our annual report"). If the disclosure has been made on your website, you should insert the URL of the web page where the disclosure has been made or can be accessed (eg "www.entityname.com.au/corporate governance/charters/").
- If you have followed all of the Council's recommendations in fullfor the wholeof the period above, you can, if you wish, delete this column from the form and re-format it.
ASX Listing Rules Appendix 4G (current at 17/7/2020) | Page 2 |
Appendix 4G Key to Disclosures Corporate Governance Council Principles and Recommendations
r personal use only
Corporate Governance Council recommendation | Where a box below is ticked,4 we have followed the | Where a box below is ticked, we have NOT followed the | |
recommendation in fullfor the wholeof the period above. We | recommendation in full for the whole of the period above. Our | ||
have disclosed this in our Corporate Governance Statement: | reasons for not doing so are:5 | ||
1.5 | A listed entity should: | … the fact that we have a diversity policy that complies with | ☐ set out in our Corporate Governance Statement OR |
(a) have a diversity policy which includes requirement for the | paragraph (a): | ☐ we are an externally managed entity and this recommendation | |
board or a relevant committee of the board to set | ☒ in our Corporate Governance Statement OR | is therefore not applicable | |
measurable objectives for achieving gender diversity and to | |||
assess annually both the objectives and the entity's | ☐ at [insert location] | ||
progress in achieving them; | |||
(b) disclose that policy of a summary of it; and | … and a copy of our diversity policy or a summary of it: | ||
(c) disclose as at the end of each reporting period the | |||
☒ in our Corporate Governance Statement OR | |||
measurable objectives for achieving gender diversity set by | |||
the board or a relevant committee of the board in | ☐ at [insert location] | ||
accordance with the entity's diversity policy and its progress | |||
towards achieving them and either: | …. and the measureable objectives for achieving gender diversity | ||
(1) the respective proportions of men and women on the | |||
set by the board or a relevant committee of the board in accordance | |||
board, in senior executive positions and across the | |||
with our diversity policy and our progress towards achieving them: | |||
whole workforce (including how the entity has defined | |||
"senior executive" for these purposes); or | ☒ in our Corporate Governance Statement OR | ||
(2) if the entity is a "relevant employer" under the | ☐ at [insert location] | ||
Workplace Gender Equality Act, the entity's most | |||
recent "Gender Equality Indicators", as defined in and | … and the information referred to in paragraph (c)(1) or (2): | ||
published under that Act. | |||
☒ in our Corporate Governance Statement OR | |||
☐ at [insert location] | |||
1.6 | A listed entity should: | … we have disclosed the evaluation process referred to in | ☐ set out in our Corporate Governance Statement OR |
(a) have and disclose a process for periodically evaluating the | paragraph (a) at: | ☐ we are an externally managed entity and this recommendation | |
performance of the board, its committees and individual | ☒ in our Corporate Governance Statement OR | is therefore not applicable | |
directors; and | |||
(b) disclose for each reporting period whether a performance | ☐ at [insert location] | ||
evaluation has been undertaken in accordance with that | |||
process during or in respect of that period. | … and the information referred to in paragraph (b) is: | ||
☐ in our Corporate Governance Statement OR | |||
☒ at the directors' report | |||
ASX Listing Rules Appendix 4G (current at 17/7/2020) | Page 3 |
Appendix 4G Key to Disclosures Corporate Governance Council Principles and Recommendations
r personal use only
Corporate Governance Council recommendation | Where a box below is ticked,4 we have followed the | Where a box below is ticked, we have NOT followed the | |
recommendation in fullfor the wholeof the period above. We | recommendation in full for the whole of the period above. Our | ||
have disclosed this in our Corporate Governance Statement: | reasons for not doing so are:5 | ||
1.7 | A listed entity should: | ….. we have disclosed the evaluation process referred to in | ☐ set out in our Corporate Governance Statement OR |
(a) have and disclose a process for evaluating the performance | paragraph (a) at: | ☐ we are an externally managed entity and this recommendation | |
of its senior executives at least once every reporting period; | ☒ in our Corporate Governance Statement OR | is therefore not applicable | |
and | ☐ at [insert location] | ||
(b) disclose, in relation to each reporting period whether a | |||
performance evaluation was undertaken in the reporting | |||
period in accordance with that process. | ..… and the information referred to in paragraph (b) at: | ||
☒ in our Corporate Governance Statement OR | |||
☐ at [insert location] | |||
ASX Listing Rules Appendix 4G (current at 17/7/2020) | Page 4 |
Appendix 4G Key to Disclosures Corporate Governance Council Principles and Recommendations
r personal use only
Corporate Governance Council recommendation | Where a box below is ticked,4 we have followed the | Where a box below is ticked, we have NOT followed the | ||
recommendation in fullfor the wholeof the period above. We | recommendation in full for the whole of the period above. Our | |||
have disclosed this in our Corporate Governance Statement: | reasons for not doing so are:5 | |||
PRINCIPLE 2 - STRUCTURE THE BOARD TO BE EFFECTIVE AND ADD VALUE | ||||
2.1 | The board of a listed entity should: | ☐ | ☐ set out in our Corporate Governance Statement OR | |
(a) have a nomination committee which: | [If the entity complies with paragraph (a):] | ☐ we are an externally managed entity and this recommendation | ||
(1) | has at least three members, a majority of whom are | … the fact that we have a nomination committee that complies with | is therefore not applicable | |
independent directors; and | ||||
paragraph (1) and (2): | ||||
(2) | is chaired by an independent director, | |||
☒ in our Corporate Governance Statement OR | ||||
and disclose: | ||||
☐ at [insert location] | ||||
(3) | the charter of the committee; | |||
(4) | the members of the committee; and | …. and a copy of the charter of the committee at: | ||
(5) | as at the end of each reporting period, the number | |||
of times the committee met throughout the period | ☒ in our Corporate Governance Statement OR | |||
and the individual attendances of the members at | ☐ at [insert location] | |||
those meetings; or | ||||
- if it does not have a nomination committee, disclose that
fact and the processes it employs to address board | ….. and the information referred to in paragraphs (4) and (5) at: | ||
succession issues and to ensure that the board has the | ☒ in our Corporate Governance Statement (4) | ||
appropriate balance of skills, knowledge, experience, | |||
independence and diversity to enable it to discharge its | ☒ at directors report (5) | ||
duties and responsibilities effectively. | |||
[If the entity complies with paragraph (b):] | |||
…. the fact that and 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 at: | |||
☐ 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 at: | ☐ set out in our Corporate Governance Statement OR |
setting out the mix of skills that the board currently has or is | ☐ in our Corporate Governance Statement OR | ☐ we are an externally managed entity and this recommendation | |
looking to achieve in its membership. | |||
is therefore not applicable | |||
☒ at each director's profile section | |||
ASX Listing Rules Appendix 4G (current at 17/7/2020) | Page 5 |
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Asian American Medical Group Limited published this content on 25 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 November 2021 01:29:03 UTC.