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The Corporate Governance Framework and practices of Woolworths Group are set out in a number of key documents and policies. A summary of these documents and policies, along with copies of the documents, policies and charters are set out below. 

Corporate Governance Statement

Each year, the Woolworths Group releases a Corporate Governance Statement that lays out the governance framework adopted by the Board, and details its work over the past financial year.

Download this year’s statement

Constitution

The Woolworths Constitution outlines the rules and principles governing our business.

The current Constitution was proposed and adopted by shareholders at the Annual General Meeting (AGM) on 16 November 2007. It was later amended during the 2009 AGM on 26 November and then again during the 2010 AGM on 18 November.

Download the Woolworths Constitution

Directors and Management

The Board of Directors act on behalf of the shareholders in supervising the Company and in upholding good corporate governance. The Management Board is responsible for management decisions and operations.

Information on the role and composition of the Board of Directors and of the Management Board can be found below.

Find out more about our Board of Directors >

Find out more about our Management Board >

Board Charter

The Board Charter sets out the role, structure, and processes of the Woolworths Group Board or Directors.

It outlines their powers, their responsibilities, and how they can best represent the interests of our shareholders, while regarding international best practice and applicable laws.

Download the Board Charter >

Board Committees

The Board of Directors has established four Committees – each designed in accordance with the Charter to help the Board deliver on its responsibilities.

Each Committee assists the Board by allowing Directors to focus on one specific area of governance, while reporting on all decisions and making necessary recommendations to the Board.

Find out more about our Board Committees >

Risk Management

The continued growth and success of the Woolworths Group depends on us being able to reflect and respond to the needs of an ever-changing and uncertain world.

As a large, dispersed and complex organisation, we are uniquely vulnerable to a range of legal and financial risks that need to be mitigated quickly and easily.

Read our full Risk Management Policy here >

Code of Conduct

In order to maintain our commitment to and ensure we’re always operating within a place of moral, legal and ethical integrity, we have developed a rigorous and mandatory Code of Conduct.

This code is a principle we adhere to without exception, and we expect each and every one of our team members to adopt it as their own.

Read our full Code of Conduct here >

Continuous Disclosure Policy

Woolworths Limited has a Continuous Disclosure Policy. The purpose of the Policy is to:

  • Assist the Company in complying with its continuous disclosure obligations under the Corporations Act 2001 and the ASX Listing Rules;
  • Establish a framework to enable Woolworths to provide shareholders and the market with timely, direct and equal access to relevant information about the Company; and
  • Promote investor confidence in the integrity of Woolworths and its securities through the application of disclosure procedures by its directors and employees.

The Woolworths Limited Continuous Disclosure Policy is available  below.

Read our full Continuous Disclosure Policy here >

Securities Trading Policy

Woolworths values its reputation for excellence in corporate governance, compliance and fair dealing in its securities, including shares, options and performance rights.

The Woolworths Group Securities Trading Policy promotes and maintains the Company’s reputation.

The Policy summarises the law relating to insider trading and details the Company’s requirements with regards to dealings in the securities of both Woolworths and, where applicable, other companies. The Policy applies to Group directors, officers and employees, as well as certain consultants and contractors.

The objectives of the Policy are:

  • To ensure that all Woolworths personnel comply with the law at all times: and
  • To ensure that dealings in securities by Woolworths personnel, particularly in relation to Inside Information regarding both Woolworths and other entities with which Woolworths deals, are above reproach.

The Policy also aims to assist Woolworths in its disclosure and reporting requirements.

Read our full Securities Trading Policy here >
 

Diversity Policy

We are 100% committed to fostering a workplace that celebrates and embraces diversity in all its forms.

Through a range of initiatives, we aim to promote equal opportunities in every facet of our business with a particular focus on indigenous employment and nurturing women in management.

Read our full Diversity Policy here >

Safety and Health Policy

At Woolworths we care about and are committed to the safety, health and wellbeing of our customers, team members, contractors, business partners and visitors.

Our vision is to become one of the safest places to work and shop.

Our aspiration is ‘Destination ZERO’ where people go home from work or shopping free from injuries or illness.

Safety and Health Policy

Communications Policy

We have a responsibility to ensure that all shareholders and potential investors are kept up-to-date with any developments that affect the business.

As such, we have devised a full policy that outlines when, how and where they can obtain this information without compromising security or classified intellectual property.

Read our full policy here.

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