AuKing Mining Limited Prospectus

11.15 Related Party Policy The Company has adopted a Related Party Policy to: a. record the Company’s commitment to complying with all related party transaction requirements under the Corporations Act and the Listing Rules; b. set out a framework for obtaining approval for all related party transactions; and c. establish a clear process to comply with the Company’s related party transaction obligations. d. In summary, the Related Party Policy requires that all related party transactions must be: e. notified to the Company Secretary (prior to their execution); f. on arm’s length terms; and g. approved by the Board. Related party transactions not on arm’s length terms must be approved by the Company’s shareholders. 11.16 Whistleblower Policy The Company is committed to the highest standards of conduct and ethical behaviour in all of its business activities and to promoting and supporting a culture of honest and ethical behaviour, corporate compliance and good corporate governance across the Company. As part of that commitment, the Company has adopted a separate Whistleblower Policy, in compliance with applicable laws and practices. In supporting the Company’s corporate governance practices, the Policy has various objectives and purposes, including to: a. encourage Disclosures of wrongdoing; b. help deter wrongdoing, in line with the Company’s risk management and governance framework; c. provide transparency around the Company’s framework for receiving, handling and investigating Disclosures; d. meet the Company’ legal and regulatory obligations; e. provide for the process for investigating and dealing with Disclosures and how the Company will support Disclosers and protect them from Detriment; and f. align with the ASX Corporate Governance Principles and Recommendations, 4th Ed (2019) and relevant standards. The Whistleblower Policy is intended to supplement all applicable laws, rules and other corporate policies including, without limitation, the Company’s Corporate Code of Conduct and Anti-Bribery and Corruption Policy. 11.17 Compliance with the Recommendations The table below summarises how the Company complies with the Corporate Governance Principles and Recommendations, and in the case of non-compliance why not. The following table has been completed on the assumption that the KP Transaction occurs. It is anticipated that upon Completion, the Board of the Company will consist of: a. Dr Mark Elliott; b. Peter Tighe; c. Ian Hodkinson; and d. ShiZhou Yin. 11. Corporate Governance continued 216