The role of Buru Energy’s Board is to set the Company’s strategic direction and objectives. It is collectively responsible for the governance of the Company and for promoting its success.
The Board delegates to its management team the responsibility for implementing the Company’s objectives and the day to day management of the Company, subject to certain limitations on such delegations.
The Board has established an Audit and Risk Committee, to assist the Board with its responsibilities relating to financial reporting, risk management, internal control, and the external audit function. The Board has also established a Remuneration and Nomination Committee – to assist the Board with its responsibilities relating to remuneration of Directors, executives and senior managers.
A comprehensive description of Buru Energy’s governance practices is available in the Corporate Governance Statement and related governance policies below: