Icon Energy Limited Annual Report 2017

19 ICON ENERGY ANNUAL REPORT 2017 Corporate Governance Council Recommendation Does Icon Energy follow the recommendation? Principle 6 – Respect the rights of securityholders 6.1 Corporate and governance information available on website ☑ 6.2 Investor relations program ☑ 6.3 Processes to facilitate and encourage participation at securityholders meetings ☑ 6.4 Electronic securityholder communication functionality ☑ Principle 7 – Recognise and manage risk 7.1 Risk committee requirements met ☑ 7.2 Annual review of risk management framework ☑ 7.3 No internal audit function but internal control processes in place ☑ 7.4 Disclosure of material exposure to, and management of, economic, environmental and social sustainability risk ☑ Principle 8 8.1 Remuneration committee requirements ☒ 8.2 Remuneration practices disclosed ☑ 8.3 Remuneration Policy disclosures regarding equity based remuneration ☑ CORPORATE GOVERNANCE STATEMENT