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CORPORATE GOVERNANCE OVERVIEW

Mercury Energy Trading is committed to maintaining a high level of corporate governance that ensures the integrity, transparency, and accountability of our business operations. Our corporate governance framework is designed to promote the long-term success of our company by ensuring that we are well-managed, accountable, and responsive to the interests of our stakeholders.

Board of Directors

  • The Board of Directors is responsible for setting the overall strategic direction of the company and overseeing the management of our operations.

  • The Board consists of 8 non-executive and executive directors, who bring a range of skills and expertise to the table.

  • The Board meets quarterly to review and discuss company performance, strategic plans, and other important matters.

Board Committees

The Board has established several committees to focus on specific areas of responsibility:

Remuneration Committee

Responsible for reviewing and recommending executive compensation packages.

Risk Management Committee

Responsible for identifying, assessing, and mitigating risks across the company.

Nomination Committee

Responsible for identifying and recommending new directors to the Board.

Audit Committee

Responsible for overseeing internal controls, financial reporting, and audit processes.

Management Responsibilities

  • Our management team is responsible for implementing the company’s strategy and managing our day-to-day operations.

  • The CEO is responsible for overseeing all aspects of the business and reporting directly to the Board.

  • Other members of the management team are responsible for specific areas of operations, such as trading, finance, and human resources.

Stakeholder Engagement

  • We engage with our stakeholders through regular meetings, reports, and other forms of communication.

  • Our stakeholders include investors, customers, employees, suppliers, regulators, and other external parties.

  • We encourage feedback from our stakeholders and respond promptly to any concerns or issues they may raise.

Code Of Conduct

  • We have a Code of Conduct that sets out the standards of behavior expected of our employees in their professional and personal activities

  • The Code covers topics such as integrity, ethics, health and safety, environmental responsibility, and compliance with laws and regulations.

  • All employees are required to sign off on the Code annually and report any breaches or concerns to management.

Whistleblower Policy

  •  We have a whistleblower policy that allows employees to report any concerns or suspected misconduct anonymously.

  • Reports can be made through a confidential reporting hotline or email address.

  • We take all whistleblower reports seriously and investigate them promptly and thoroughly.

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