The Company’s Board of Directors and management strongly support the principles of good corporate governance to create long-term value for shareholders and maintaining the Company’s strong reputation for integrity. This is particularly important given the highly regulated nature of the industry within which the Company operates and is essential for securing new gaming licences and protection of current licences.
The following are the Company’s main corporate governance principles and practices in line with the ASX Corporate Governance Council (“Council”) current release of ‘Corporate Governance Principles and Recommendations with 2010 Amendments, 2nd edition’. Statements to this corporate governance section have been referenced to the applicable ASX Recommendations and compliance is indicated at the bottom of each principle.
On 27 March 2014, the Council released the third edition of Corporate Governance Principles and Recommendations which takes effect for an entity’s first full financial year commencing on or after 1 July 2014. The Company is currently reviewing these new recommendations and will further enhance its corporate governance based on these new principles and recommendations with any changes to the Company’s corporate governance to be reflected in its next financial reporting year.
Click the fields below to view each section of Ainsworth Game Technology’s Corporate Governance Statement
Principle 1 – Lay solid foundations for management and oversight
Principle 2 – Structure the board to add value
Principle 3 – Promote ethical and responsible decision-making
Principle 4 – Safeguard integrity in financial reporting
Principle 5 – Make timely and balanced disclosure
Principle 6 – Respect the rights of the Shareholders
Principle 7 – Recognise and manage risk
Principle 8 – Remunerate fairly and responsibly