Historically, the oil and gas industry is a male dominated work force. The proportion of women employees in the whole 
organisation, women in senior executive positions and women on the board is listed in the following table. 
 
As at 31 December 2014         Males Females     Total 
Board             5              -               5  
Senior Management 3             2             5 
Other Employees           30            24          54  
Total           38           26           64  
 59% 41%   
 
3.3 Securities Trading Policy 
Sundance has a Securities Trading Policy that regulates dealing in its securities by Directors, Key Management Personnel, 
employees (personnel) and their associates.  The Board restricts personnel from acting on inside information that is generally 
available and if it were generally available, would, or would be likely to, influence persons who commonly invest in securities in 
deciding whether to acquire or dispose of the relevant securities.   
 
The Securities Trading Policy outlines: 
• When personnel may and may not deal in shares of the Company, options over those shares and any other financial 
products of the Company traded on the ASX (company Securities): 
• When personnel may and may not deal in listed securities of another entity; 
• The procedure for obtaining prior clearance in exceptional circumstances for trading that would otherwise be contrary 
to the Securities Trading Policy; and  
• Procedures to reduce the risk of insider trading. 
 
The Securities Trading Policy was updated in February 2015 and is available in the corporate governance section of Sundance’s 
website. 
 
Principle 4: Safeguard Integrity in Financial Reporting  
 
4.1 Audit and Risk Management Committee 
The Audit and Risk Management Committee has three members, D Hannes  (chairman), M D Hannell, and N Martin, all whom 
are independent Non-Executive Directors. The Managing Director and Chief Executive Officer as well as the Chief Financial Officer 
are non-voting management representatives who advise the committee as appropriate. 
 
The objectives of the Audit and Risk Management Committee is to assist the Board in: 
• Ensuring the quality of financial controls is appropriate to Sundance; 
• Making informed decisions regarding accounting , policies, practices and disclosures; 
• Reviewing the adequacy of the accounting and reporting systems; 
• Reviewing matters of significance affecting the financial welfare and risk exposure of Sundance; 
• Reviewing the scope and results of external and internal audits; 
• Maintaining open lines of comm unication between the Board, management and external auditors, thus enabling 
information and points of view to be freely exchanged; and 
• Meeting its compliance obligations imposed by the energy regulators. 
 
The specific attributes of the Audit and Risk Management Committee members that are relevant to this committee include 
financial acumen, technical industry knowledge, experience in risk management and oversight.  The Audit and Risk Management 
Committee meets at least three times a year and the external auditor, Managing Director and Chief Financial Officer are invited 
to attend the meetings, at the discretion of the Audit and Risk Management Committee.  The committee keeps minutes of 
meetings, which are submitted to the full Board for review. 
 
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