The Corporate Governance Statement is accurate and up to date as at 20 October 2016 and has been approved by the board.
The annexure includes a key to where our corporate governance disclosures can be located.
Date: 21 October 2016
Name of Director or Secretary authorising lodgement:
Owen Venter Company Secretary
Page 1
ANNEXURE - KEY TO CORPORATE GOVERNANCE DISCLOSURES
Corporate Governance Council recommendation
We have followed the recommendation in full for the whole of the period above. We have disclosed …
We have NOT followed the recommendation in full for the whole of the period above. We have disclosed …
PRINCIPLE 1 - LAY SOLID FOUNDATIONS FOR MANAGEMENT AND OVERSIGHT
1.1
A listed entity should disclose:
the respective roles and responsibilities of its board and management; and
those matters expressly reserved to the board and those delegated to management.
… the fact that we follow this recommendation:
in our Corporate Governance Statement
at http://www.ctilogistics.com/corporate-governance-
policies/corporate-governance-statement/
1.2
A listed entity should:
undertake appropriate checks before appointing a person, or putting forward to security holders a candidate for election, as a director; and
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.
… the fact that we follow this recommendation:
in our Corporate Governance Statement OR
in the Annual Report and Notice of Annual General Meeting
1.3
A listed entity should have a written agreement with each director and senior executive setting out the terms of their appointment.
… the fact that we follow this recommendation:
in our Corporate Governance Statement
1.4
The company secretary of a listed entity should be accountable directly to the board, through the chair, on all matters to do with the proper functioning of the board.
… the fact that we follow this recommendation:
in our Corporate Governance Statement
Corporate Governance Council recommendation
We have followed the recommendation in full for the whole of the period above. We have disclosed …
We have NOT followed the recommendation in full for the whole of the period above. We have disclosed …
1.5
A listed entity should:
have a diversity policy which includes requirements for the board or a relevant committee of the board to set measurable objectives for achieving gender diversity and to assess annually both the objectives and the entity's progress in achieving them;
disclose that policy or a summary of it; and
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 with the entity's diversity policy and its progress towards achieving them and either:
the respective proportions of men and women on the board, in senior executive positions and across the whole organisation (including how the entity has defined "senior executive" for these purposes); or
if the entity is a "relevant employer" under the Workplace Gender Equality Act, the entity's most recent "Gender Equality Indicators", as defined in and published under that Act.
… the fact that we have a diversity policy that complies with paragraph (a):
in our Corporate Governance Statement
at http://www.ctilogistics.com/about/group-policies/diversity-
in our Corporate Governance Statement OR
at http://www.ctilogistics.com/about/group-policies/diversity-
in our Corporate Governance Statement
… and a copy of our diversity policy or a summary of it:
policy/
… and the measurable objectives for achieving gender diversity set by the board or a relevant committee of the board in accordance with our diversity policy and our progress towards achieving them:
policy/
… and the information referred to in paragraphs (c)(1) or (2):
1.6
A listed entity should:
have and disclose a process for periodically evaluating the performance of the board, its committees and individual directors; and
disclose, in relation to each reporting period, whether a performance evaluation was undertaken in the reporting period in accordance with that process.
an explanation why that is so in our Corporate Governance
Statement
1.7
A listed entity should:
have and disclose a process for periodically evaluating the performance of its senior executives; and
disclose, in relation to each reporting period, whether a performance evaluation was undertaken in the reporting period in accordance with that process.
… the evaluation process referred to in paragraph (a):
in our Corporate Governance Statement
in our Corporate Governance Statement
… and the information referred to in paragraph (b):
Corporate Governance Council recommendation
We have followed the recommendation in full for the whole of the period above. We have disclosed …
We have NOT followed the recommendation in full for the whole of the period above. We have disclosed …
PRINCIPLE 2 - STRUCTURE THE BOARD TO ADD VALUE
2.1
The board of a listed entity should:
have a nomination committee which:
has at least three members, a majority of whom are independent directors; and
is chaired by an independent director, and disclose:
the charter of the committee;
the members of the committee; and
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 meetings; or
if it does not have a nomination committee, disclose that fact and the processes it employs 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.
… 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
2.2
A listed entity should have and disclose a board skills matrix setting out the mix of skills and diversity that the board currently has or is looking to achieve in its membership.
an explanation why that is so in our Corporate Governance
Statement
2.3
A listed entity should disclose:
the names of the directors considered by the board to be independent directors;
if a director has an interest, position, association or relationship of the type described in Box 2.3 but the board is of the opinion that it does not compromise the independence of the director, the nature of the interest, position, association or relationship in question and an explanation of why the board is of that opinion; and
the length of service of each director.
… the names of the directors considered by the board to be independent directors:
in our Corporate Governance Statement
Annual Report
… and the length of service of each director:
2.4
A majority of the board of a listed entity should be independent directors.
an explanation why that is so in our Corporate Governance
Statement
CTI Logistics Limited published this content on 21 October 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 21 October 2016 08:33:09 UTC.
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CTI Logistics Limited is an Australia-based company, which is engaged in the provision of logistics and transport services, specialized flooring logistics and rental of property, provision of security services. It operates through three segments: Logistics services, Transport services and Property. The Transport services segment includes the provision of courier, taxi trucks, parcel distribution and fleet management and line haul freight. Its Logistics services segment includes the provision of warehousing and distribution, specialized flooring logistics, supply-based management services and document storage services. The Property segment includes rental of owner-occupied and investment property. It operates warehousing facilities in Perth, Adelaide, Melbourne, Sydney, Brisbane and regional Western Australia (Karratha, Broome and Bunbury). It serves under various brands, including Action, A.R.M. Security, Bring Couriers, Bunbury Freight Services, Foxline Express Parcels and others.