Question 1

The board of directors of Kimono Ltd is alarmed by record low shareholder attendance at the Annual General Meeting. The company always meets its legal requirements for providing sufficient notice of meetings but suspects the shareholders are finding it increasingly difficult to travel to Perth, where Kimono Ltd is based, to attend shareholder meetings in person and cast their votes.

The board seeks your advice on an appropriate corporate governance solution to address their concerns.

Advise Kimono Ltd on how they should apply Principle 6 and Recommendation 6.3 of the ASX Corporate Governance Council's Principles and Recommendations

Question 2

The board of directors of Vincent Ltd is concerned that the company's remuneration packages for directors and senior executives may have become excessively generous and could potentially make the shareholders unhappy.

The board has seven directors. Ngan and Tony are the only two independent directors. The board does not currently have a remuneration committee.

The board seeks your advice on an appropriate corporate governance solution to address their concerns.

Advise Vincent Ltd on how they should apply Principle 8 and Recommendation 8.1 of the ASX Corporate Governance Council's Principles and Recommendations

Question 3

The board of directors of Buzzer Ltd suspects that the company's current processes for managing risk are inadequate. Specifically, the directors fear there is insufficient transparency, focus and independent judgement to oversee the company's risk management framework.

The board has seven directors. Maud and Sybil are the only two independent directors. The board does not currently have a risk committee.

The board seeks your advice on an appropriate corporate governance solution to address their concerns.

Advise Buzzer Ltd on how they should apply Principle 7 and Recommendation 7.1 of the ASX Corporate Governance Council's Principles and Recommendations