Boart Longyear Corporate Governance

The Board of Boart Longyear Ltd.  is composed of a majority of independent directors, and regularly reviews its corporate governance practices to ensure the best representation of shareholder interests.

Accordingly, the Board has reviewed the corporate governance practices of Boart Longyear in light of the ASX Corporate Governance Council’s Principles of Good Corporate Governance and Best Practice Recommendations released in March 2003.

The principles provide a good general reference in determining best practices, while recognizing that one size does not fit all. Boart Longyear complies with these principles and has included on this website the information that the principles recommend disclosing.

The Boart Longyear Board of Directors has adopted the Boart Longyear Code of Business Conduct for the purpose of establishing and maintaining high standards of ethical and legal behavior in all facets of Boart Longyear’s business (whether in Australia, the United States or any other location) consistent with Boart Longyear’s corporate governance policies and practices.

This Code serves to (1) emphasize Boart Longyear’s commitment to integrity, ethics and compliance with the law; (2) set forth basic standards of ethical and lawful behavior; (3) provide reporting mechanisms for known or suspected ethical or legal violations; and (4) help prevent and detect wrongdoing.

Information on the significant corporate governance practices of Boart Longyear are available to view here.

Code of Business Conduct

This Code of Business Conduct applies to, and governs the conduct of, all employees, officers and directors of Boart Longyear, as well as to employees, officers and directors of each member (whether in Australia, the United States or any other location) of the Boart Longyear group of companies, which are referred to collectively as “Boart Longyear.”

corporate governance

Code of Business Conduct

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