Audalia Resources Upholds Governance Amid Diversity Challenges

Audalia Resources Limited (AU:ACP) has released an update.

Audalia Resources Limited emphasizes strong corporate governance, aligning with ASX guidelines to boost stakeholder value and investor confidence, although it acknowledges variance in meeting diversity objectives and director independence standards. The Board, responsible for company performance, has a clear charter and evaluates directors and executives annually, with all governance documents accessible on their website. Despite not meeting gender diversity targets and having a majority of non-independent directors, the company believes its current leadership composition is optimal for addressing business challenges.

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