bility to ensure that it comprises individuals who 
are best able to discharge the responsibilities of 
the Directors, having regard to the law and the 
highest standards of governance, by:
〉〉 assessing the skills required on the Board;
〉〉 reviewing the structure, size and composi-
tion of the Board;
〉〉 from time to time assessing the extent to 
which the required skills are represented on 
the Board and ensuring an appropriate 
succession planning is in place;
〉〉 establishing processes for the review of the 
performance of individual Directors and the 
Board as a whole, its committees and key 
executives; and
〉〉 establishing processes for the identification 
of suitable candidates for appointment to 
the Board.
To ensure that the Board has an appropriate mix 
of skills and experience, the Nomination 
Committee will consider men and women from 
diverse backgrounds for Board membership who 
have demonstrated high levels of integrity and 
performance in improving shareholder returns, 
and who can apply such skills and experience to 
the benefit of the Company.
The Nomination Committee met once during 
the 2013 financial year.
The Nomination Committee operates in accord-
ance with a charter published in the ‘Corporate 
Governance’ section of the Company’s website.
Ethical Standards and Code  
of Conduct
The Board and the Company’s employees are 
expected to maintain the highest level of corpo-
rate ethics and personal behaviour.
The Company has established a Code of 
Conduct which provides an ethical and legal 
framework for all employees in the conduct of 
its business. The Code of Conduct defines how 
the Company relates to its employees, share-
holders and the community in which the 
Company operates.
The core values of the Code of Conduct are:
〉〉 honesty and integrity;
〉〉 fairness and respect; and
〉〉 trust and openness.
The Code of Conduct provides clear directions on 
conducting business internationally, interacting 
with governments, communities, business 
partners and general workplace behaviour having 
regard to the best practice corporate governance 
models. The Code of Conduct sets out a behav-
ioural framework for all employees in the context 
of a wide range of ethical and legal issues.
The Code of Conduct is published in the 
‘Corporate Governance’ section of the 
Company’s website.