CORPORATE GOVERNANCE

The Board of Directors is responsible for ensuring that Impress has an appropriate corporate governance structure to ensure the Company’s responsibilities to each of its stakeholders, including its shareholders, employees, and the broader community in a manner that will maximise the contribution of the Board and management to the success of the business. This requires that appropriate accountability and control systems are in place.

Corporate Governance Disclosure

The Board and management are committed to corporate governance and to the extent they are applicable to the Company have adopted the Ten Essential Corporate Governance Principles and each of the Best Practice Recommendations as published by the ASX Corporate Governance Council.

Impress Energy Constitution

The Constitution which was adopted by shareholders at the General Meeting held on 12 June 2008, is the Company’s key governance document. The Board must ensure that it and Impress complies at all times with the provisions of the Constitution.

The following information details corporate governance policies that have been adopted by the Board in accordance with the ASX Principles and Recommendations.