Commitment to Good Governance 

Karoon Gas Australia Ltd (‘Karoon’) is committed to a high standard of corporate governance and fostering a culture that values ethical behaviour, integrity and respect. Operating in accordance with these high standards is essential for sustainable long-term performance and value creation. 
As a listed entity, the Company must comply with the Corporations Act 2001 (Cth) (‘Corporations Act 2001’), the Australian Securities Exchange (‘ASX’) Listing Rules and other Australian and international laws. The ASX Listing Rules require Karoon to report on the extent to which it has followed the Corporate Governance Recommendations contained in the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations (‘ASXCGC Recommendations’). 
Karoon’s Corporate Governance Statement (‘CGS’), approved by the Board of Directors, reports on the Company’s key governance principles and practices, and compliance with the ASXCGC Recommendations. A copy of the most recent CGS can be found in the latest Annual Report, by clicking on the following link, [ANNUAL REPORTS].