Corporate
Governance

We appreciate the importance of maintaining the highest standards of business ethics and good governance practices. 

Strong governance supports effective decision-making, accountability and long-term value creation. Our governance framework aligns with the ASX Corporate Governance Council’s Principles and Recommendations and reflects our commitment to ethical conduct, transparency and responsible business practices.

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Governance framework

The Board is responsible for overseeing the Company’s corporate governance framework and guiding the strategic direction of the Company.

The Board operates under a formal Charter, which sets out its roles and responsibilities, including those delegated to management.

Clear accountabilities across the Board, its committees and management support effective oversight, risk management and decision-making.

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Board and committees

The Board is supported by three standing committees:

  • Audit and Risk Committee

  • People and Culture Committee

  • Safety and Sustainability Committee

Each committee operates under a formal Charter and assists the Board by providing oversight and recommendations within its area of responsibility, including financial reporting, risk management, remuneration, organisational culture and sustainability.

Governance pillars

Our approach to governance is underpinned by six core pillars, as outlined in our Corporate Governance Statement. These pillars guide how we manage risk, make decisions and uphold responsible business practices across the organisation.

Culture, values and ethics

Board and Committee composition and oversight

Transparency and accountability

Risk Management

Compliance and internal audit

Performance evaluation and remuneration

Risk management
and internal controls

Risk management is integral to our governance framework. The Board, supported by the Audit and Risk Committee, oversees the identification, assessment and management of material risks across the business.

Internal control and assurance processes support the integrity of financial reporting and operational performance, and help ensure we operate within our risk appetite.

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Governance practices

PLS maintains governance practices supported by policies, procedures and internal controls.

Board and Committee Charters are reviewed annually, and other governance policies are reviewed periodically or as required.

Further detail is available in our Corporate Governance Statement and Appendix 4G.

Policies and governance documents

Key governance documents include:

  • Constitution

  • Board Charter

  • Board Committee Charters

  • Corporate Governance Statement and Appendix 4G

  • Annual Report

We also maintain governance policies aligned with ASX best practice, including:

  • Anti-Bribery and Corruption Policy

  • Code of Conduct

  • Continuous Disclosure Policy

  • Securities Trading Policy

  • Whistleblower Policy

  • Shareholder Communication Policy

These documents promote ethical behaviour, transparency and consistent decision-making across the organisation.

Explore Policies

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