Code of Conduct

 

Valad has in place a Code of Conduct which applies to all directors and employees. The Code is given to all new directors and employees during a compulsory induction and is regularly reinforced to existing directors and employees.

 

The Code of Conduct reflects Valad’s commitment to the highest standards of integrity and behaviour and deals with, amongst other things, managing conflicts of interest, inside information, travel, whistleblowing and a commitment to good corporate citizenship. 

 

A copy of the Code of Conduct is available on the website.

 

Valad’s Security Trading Policy

 

In addition to directors and employees being subject to restrictions set out in the Corporations Act on trading in securities, Valad has in place restrictions on when directors and employees can trade in Valad securities. These restrictions include times when directors or employees are in possession of price-sensitive information relating to Valad or entities it is dealing with, which has not been published or made generally available to the public. In addition, Directors and employees can only trade in a six week period after the release of half yearly and full year results and for four weeks after Valad’s Annual General Meeting and during any offer period for Valad securities which is open to the investing public or any entitlement or similar offer. Compliance with the policy is constantly monitored.  

 

A copy of Valad’s Security Trading Policy is available on the website.