Investor - Corporate Governance

The directors, management and staff of Uscom Limited are committed to standards of excellence in corporate governance. The documents are policies adopted by the company in line with the principles of the ASX Corporate Governance Council's Best Practice Recommendations.

Uscom Limited is committed to a corporate culture of excellence, openness, and integrity. The company, its directors, management and staff are committed to fostering and maintaining the highest professional standards in dealing with all its stakeholders, including investors, employees, customers and the public at large.

This commitment is under-pinned by adherence to a set of policies for best practice in Corporate Governance.

In addition to strict compliance with its obligations under law, including the Corporations Act and the Australian Stock Exchange Listing Rules, Uscom has adopted best practice policies, modelled on the 10 core principles of good corporate governance as published in March 2003 by the ASX Corporate Governance Council.

The essential corporate governance principles are:

1. Lay solid foundations for management and oversight
2. Structure the board to add value
3. Promote ethical and responsible decision-making
4. Safeguard integrity in financial reporting
5. Make timely and balanced disclosure
6. Respect the rights of shareholders
7. Recognise and manage risk
8. Remunerate fairly and responsibly

Uscom's complies with with the 8 core principles.

Uscom Corporate Governance