Gibb River Diamonds Limited

The primary responsibility for the Board is to represent and advance Shareholder’s interests and to protect the interests of all stakeholders. To fulfil this role the Board is responsible for the overall corporate governance of the Company including its strategic direction, establishing goals for management and monitoring the achievement of these goals.

The Board recognises the need for the Company to operate with the highest standards of behaviour and accountability.

The Company has adopted the ASX Corporate Governance Principles and Recommendations with some amendments where applicable after giving consideration to the Company’s size and the resources it has available.

As the Company’s activities develop in size, nature and scope the implementation of additional corporate governance structures will be given further consideration.

A summary of the Company’s key policies is as follows.