Code of Conduct

All employees of Leigh Creek Energy Limited (“the Company”) are required to adhere to the Company Code of Conduct

Director-specific Requirements

• A Director must act honestly, in good faith and in the best interests of the Company as a whole.
• A Director has a duty to use care and diligence in fulfilling the functions of office and exercising the powers attached to that office.
• A Director must use the power of office for a proper purpose, in the best interest of the Company as a whole.
• A Director must recognise that the primary responsibility is to the Company  but should, where appropriate, have regard for the interests of all Shareholders and stakeholders.
• A Director must not take improper advantage of the position of Director.
• A Director must not allow personal interests, or the interests of any associated person, to conflict with the interests of the Company.
• Conflicts of interest that arise must be disclosed to the Board immediately and the Board must consider and deal with the conflict in the appropriate manner. If required by the Constitution or law, a Director who has a conflict of interest must  leave a Board meeting but only for such a period as the Board meeting is addressing the specific matter in relation to which the Board member has a conflict of interest.
• A Director has an obligation to be independent in judgement and actions and to take all reasonable steps to be satisfied as to the soundness of all decisions taken by the Board of Directors.
• Confidential information received by a Director in the course of the exercise of directors’ duties remains the property of the Company and it is improper to disclose it, unless that disclosure has been authorised.
• A Director should not engage in conduct likely to bring discredit upon the Company.
• A Director has an obligation, at all times, to comply with the spirit, as well as the letter of the law and with the principles of this Code.
• A Director must act in accordance with the duties and obligations imposed on the Director and the Board by the constitution and the law.
• A Director must undertake diligent analysis of all proposals placed before the Board.

Staff-specific Requirements

• Employees are required to:
• Promote the interests of the Company
• Perform their duties with skill, honesty, care and diligence, using authority in a fair and equitable manner
• abide by policies and procedures, instructions and lawful directions that relate to their employment and duties
• Employees must avoid any personal, financial or other interest which may be in conflict with their duties and responsibilities to the Company.
• Employees must not use or disclose information obtained through their employment other than in the proper course of their duties.
• Company property, funds, facilities and services must be used only for authorised purposes.
• Employees must be aware of, and adhere to, company policies, especially those relating to share trading, health and safety, equal opportunity, privacy, trade practices and continuous disclosure.
• Employees must comply with the Company’s share trading policy and must consult the Company Secretary or Chairman for advice and approval if unsure of the status of a contemplated sale or purchase of Company shares.
• Employees must act in accordance with the law.