Corporate Governance

Stanmore Coal Limited ACN 131 920 968 Constitution 2018 approved by shareholders at the Company's Annual General Meeting, Friday 26 October 2018.

The Board of Directors of Stanmore Coal Limited is responsible for implementing and maintaining a culture of strong corporate governance. The Board guides and monitors the business and affairs of the Company on behalf of its shareholders. The Company's Corporate Governance policies and procedures have been developed in a spirit of openness and integrity and with reference to the Australian Securities Exchange Corporate Governance Council's recommendations.

Stanmore's Corporate Governance Statement outlines the corporate governance framework and practices of the Company and its subsidiaries. This Statement is current as at 26 February 2021 and has been approved by the Board. This Statement should be read in conjunction with the Company's 2020 Annual Report for the period ending 31 December 2020.

This policy provides a framework for compliance with the insider trading provisions of the Act to ensure that persons who are discharging managerial responsibilities including but not limited to Directors, do not abuse, and do not place themselves under suspicion of abusing Inside Information that they may be thought to have, especially in periods leading up to an announcement of the Company.

Stanmore Coal is committed to a culture of honesty, doing business with integrity and speaking up without fear of retaliation. Stanmore Coal personnel are encouraged to speak up at the earliest opportunity where they have reasonable grounds to know of or suspect conduct described in this Policy. All reports made under this Policy are treated seriously and will be carefully considered.

Stanmore Coal respects your privacy and is committed to complying with the Australian Privacy Principles contained in the Privacy Act 1988 (Cth). Stanmore Coal collects Personal Information during the course of its business interactions. We may collect Personal Information from customers, contractors, suppliers, employees, job applicants, landowners, community organisations, shareholders and visitors to our offices, sites and website.

Diversity at Stanmore Coal Limited is about our commitment to equality and accepting, valuing and respecting each person’s differences. Stanmore is dedicated to growing a diverse workforce and work environment in which every employee is treated fairly, respected and has the opportunity to contribute to business success, while being given the opportunities to realise their full potential as individuals.

Stanmore Coal Limited and its controlled entities are committed to the highest standards of conduct and ethical behaviour and full compliance with the law in all aspects of its business. Stanmore Coal has zero tolerance for bribery or corruption in connection with its operations and activities. Stanmore Coal has adopted this Anti-Bribery and Corruption Policy to promote full compliance with the anti-bribery laws that apply to its business in or outside of Australia.

Stanmore recognises its role in protecting the human rights of all people involved in, or impacted by, our business practices. Stanmore is committed to ensuring compliance with human rights principles and to acting ethically, and with integrity in conducting our business.