Governance

OceanaGold Corporation’s Board of Directors (“Board”) is responsible for the overall Corporate Governance of OceanaGold, including strategic direction, establishing goals for management, monitoring the achievement of these goals and managing the internal control structure to address the various risks faced by the consolidated entity.

The Board has established a framework for management of the Company, including an overall framework of internal control, a business risk management process and the establishment of appropriate ethical standards. This framework has been designed to enhance and protect shareholder value, ensure risks are managed and maintain stakeholder confidence in the integrity of the Company.

The ASX Corporate Governance Council’s “Principles of Good Corporate Governance and Best Practice Recommendations” was published in March 2003 (the “best practice recommendations”). The ASX Listing Rules require the Corporate Governance Statement to contain certain information including the extent to which the Company has followed the best practice recommendations during the period ended 31 December 2007.

OceanaGold adopted the tenor of Corporate Governance practices in line with the best practice recommendations and appointed a committee to draft the Company’s policies to be made available via the Company’s website. The drafts were considered by the Committee and finalised and approved by the Board in 20 November 2004.

OceanaGold’s Corporate Governance policies are set out below:

Board Charter
Continuous Disclosure Policy
Code of Conduct
Corporate Social Responsibility (CSR) Policy
Directors Code of Conduct
Policy on the release of information to the public domain
Protected Disclosures ("Whistleblower") Policy
Remuneration and Nomination Committee Charter
Risk Management and Guidelines Policy
Shareholder Communication Guidelines and Policy
Securities Trading Policy
Sustainability Committee Charter