Corporate

Governance

The Kincora Board of Directors is responsible for the overall corporate governance of the Company and is accountable to our shareholders.

A strong team of exploration, finance and management professionals with international, and local experience, the Board is committed to the principles underpinning best practices in corporate governance, applied in a manner that meets the TSX and ASX standards, the standards of the jurisdictions and communities we operate in, and best addresses the Directors’ responsibilities to shareholders.

Key committees include:

• Technical Committee: is comprised of John Holliday (chair), Peter Leaman (President of Exploration), Sam Spring (President & CEO) and Cerith Frame (Exploration and Business Development Manager), and meets as and when needed to achieve a modern, systematic and cost effective project pipeline of existing projects and reviews of project generation opportunities.

• Remuneration Committee: is comprised of Cameron McRae (chair) and Jame Durrant (non-executive director), and seeks to provide competitive packages to retain and attract key executives, align all senior executives/directors to the creation of value for shareholders, and minimize the cash overheads of the Company.

• Audit Committee: is comprised of Cameron McRae (chair), Luke Murray (non-executive director) and Jame Durrant (non-executive director), to oversee of the financial reporting process, the audit process, the Company’s system of internal controls and compliance with laws and regulations.