Icon Energy Annual Report 2019

continued 18 Icon Energy Annual Report 2019 2019 Corporate Governance Checklist Icon Energy’s corporate governance policies conform to the applicable Principles (being those under ASX’s 3rd edition of Corporate Governance Principles and Recommendations released on 27 March 2014 and took effect from 1 July 2014). A summary of our disclosure against the Principles are set out below: Corporate Governance Council Recommendation Does Icon Energy follow the recommendation? Principle 1 – Lay solid foundations for management and oversight 1.1 Disclose roles and responsibilities of board and management ☑ 1.2 Undertake appropriate checks before appointing or electing a person as director ☑ 1.3 Written agreement with each director and senior executive ☑ 1.4 Company Secretary accountable directly to Board ☑ 1.5 Diversity Policy disclosures reported ☑ 1.6 Board performance evaluation undertaken ☑ 1.7 Senior executive performance evaluation undertaken ☑ Principle 2 – Structure the board to add value 2.1 Nomination committee requirements met ☒ 2.2 Board skills matrix disclosed ☑ 2.3 Director Independence and tenure disclosed ☑ 2.4 Majority of the board are independent directors ☑ 2.5 Chair of the board is an independent director and not the same person as the CEO ☑ 2.6 Director induction and ongoing training program ☑ Principle 3 – Act ethically and responsibly 3.1 Code of conduct available on website ☑ Principle 4 – Safeguard integrity in corporate reporting 4.1 Audit committee requirements met ☑ 4.2 CEO and CFO Declaration received and the financial statements comply ☑ 4.3 External auditors attend AGM and available to answer questions from securityholders ☑ Corporate Governance Statement