Pacific Wildcat has adopted a comprehensive system of control and accountability as the basis for administration of corporate governance. The Board is committed to administering the policies and procedures with openness and integrity, commensurate with the Company's needs.
The Board is responsible to shareholders; its primary role is the protection and enhancement of long-term shareholder and stakeholder value.
To fulfil this role, the Board is responsible for the overall Corporate Governance of the company including its strategic direction, establishing goals for management and monitoring the achievement of these goals.
To assist in the execution of its responsibilities, the Board had established an audit committee. The Board conducts an annual review of its processes to ensure that it is able to carry out its functions in the most effective manner.
The names of the directors of the Company in office are listed under the Directors & Management section of this website.
The procedures for election and retirement of directors are governed by the Constitution of the Company.
The composition of the Board is determined using the following principles:
The duties of the audit committee include:
The Constitution permits directors to acquire shares in the Company. Company policy prohibits directors from dealing in Company shares whilst in possession of price sensitive information and any dealings are governed by the Company’s Share Trading Policy.
The Board supports the highest standards of corporate governance and requires its members and the staff of the Company to act with integrity and objectivity in relation to:
The auditors of the Company have open access to the Board of Directors at all times.
The Board ensures the establishment of an effective internal control framework to safeguard the Company's assets maintain proper accounting records and ensure the reliability of financial information compiled by the Company.
The Company aims to ensure a high standard of environmental care is achieved and that it complies with all relevant environmental legislation.