Board

> Board Charter
> Director Independence
> Director Code of Conduct
> Statement of Position Authority- Chairperson
> Statement of Position Authority- Managing Director

Market Policies

> Continuous Disclosure Policy
> Share Trading Policy

Audit and Risk Management

> Audit and Risk Management Committee Charter
> External Auditors
> Group Risk Management Framework
> Risk Management and Internal Compliance
> Group Internal Audit

Remuneration

> Remuneration and Nomination Committee Charter
> Board and Senior Executive Performance Evaluation

Employees

> Employee Code of Conduct
> Parental Leave and Return to Work Guidelines

Shareholders

> Shareholder Communication

Board Charter

The directors of Crane Group Limited (‘Crane’) are accountable to shareholders for the proper management and the performance of the Crane Group. A majority of Crane’s directors shall be independent directors. The Chairperson of the Board shall be an independent director. The Board promotes a culture within Crane of accountability, integrity and transparency. Key matters reserved to the Board include the following:

• appraising and providing comment and direction on Crane’s strategy development and strategy making processes;
• approving Crane’s corporate strategy and ensuring that appropriate resources are avail able for the implementation of that strategy;
• appraising and providing comment and direction on Crane’s strategy development and strategy making processes;
• approving Crane’s corporate strategy and ensuring that appropriate resources are avail able for the implementation of that strategy;
• monitoring the performance of the Managing Director and the implementation of the strategy approved by the Board;
• reviewing and approving the annual budget for Crane as recommended by the Managing Director;
• overseeing Crane’s risk management, control, accountability and compliance systems;
• overseeing Crane’s compliance with laws and regulations ;
• monitoring financial performance against agreed objectives;
• approving and monitoring financial and other reporting;
• approving and monitoring the progress of major capital expenditure, acquisitions and divestments;
• reviewing and approving the authority and limits of such authority delegated to the Managing Director; overseeing Crane’s capital management and funding;
• determining Crane’s dividend policy;
• appointing and removing the Managing Director (or equivalent);
• ratifying the appointment and where appropriate , the removal of the Finance Director (or equivalent) and the Company Secretary;
• ensuring appropriate succession planning of senior management and Board members; and
• setting standards of behaviour to enhance the reputation of Crane in the marketplace and the community.

The Board delegates responsibility for day-to-day management of Crane to the Managing Director. However, the Managing Director must consult the Board on matters that are sensitive, extraordinary or of a strategic nature.

The Board has approved a formal Statement of Position Authority which sets out the key division of responsibilities between the Managing Director and the Chairperson.

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