AuKing Mining Limited Prospectus

Principle number Best practice recommendation Compliance (yes/no) Explanation 6.4 A listed entity should ensure that all substantive resolutions at a meeting of security holders are decided by a poll rather than by a show of hands. Yes The Company’s Constitution states that a poll may be demanded by the Chairman at any time or by five or more Shareholders entitled to vote on the resolution. The Company’s Constitution also provides that the Chairperson has charge of the general conduct of a general meeting of Shareholders, and may require adoption of any procedure which is in the Chairman’s opinion necessary or desirable, including the proper and orderly casting or recording of votes at the general meeting of Shareholders. The Company considers that these requirements adequately protect the interests of Shareholders. 6.5 A listed entity should give security holders the option to receive communications from, and send communications to, the entity and its security registry electronically. Yes The Company gives Shareholders the option to receive communications from, and send communications to, the Company and its Share Registry electronically. 7 Recognise and manage risk 7.1 The Board of a listed entity should: a. have a committee or committees to oversee risk, each of which: 1. has at least three members, a majority of whom are independent Directors; and 2. is chaired by an independent Director; and disclose: 3. the charter of the committee; 4. the members of the committee; and 5. as at the end of each reporting period, the number of times the committee met throughout the period and the individual attendances of the members at those meetings; or b. if it does not have a risk committee or committees that satisfy (a) above, disclose that fact and the processes it employs for overseeing the entity’s risk management framework. No The Board has not formally established an audit and risk committee as the Directors consider that the Company is not of a size nor are its affairs of such complexity as to justify the formation of an audit and risk committee. The Board considers that it is able to efficiently and effectively oversee, without establishing a separate audit and risk committee, the corporate reporting process, and the Company’s risk management framework. In doing so, the Board will be guided by the Corporate Governance Charter, which can be accessed on the Company’s Website. The Company will review this position annually and determine whether an audit and risk committee needs to be established. The Company believes that given the size and scale of its operations, non-compliance by the Company will not be detrimental to the Company. AuKing Mining Limited | PROSPECTUS 225