Conflict of Interest & Related Party Transactions

  1. All Directors must disclose to the Board (through the Company Secretary) any actual or potential conflict of interest which may exist or be thought to exist as soon as they become aware of the issues at the very first Board Meeting held thereafter.

  2. If a conflict or potential conflict of interest situation exists, it is required that the conflicted or interested Director shall declare his/her interest and be absent from the meeting whilst the Board discusses the matter and he/she shall not vote on the matter.

  3. Directors are expected to inform the Company Secretary of any proposed Board or executive appointment to other public companies within seven (7) days of his/her new appointment or soonest possible.