GOVERNANCE COMPLIANCE

REPORT FROM THE CEO YEAR IN REVIEW

Governance Compliance

The Executive Management Team works closely with the Board on the governance of the business with revised policies and procedures of the company reviewed and approved by senior management and the Board throughout the year. By monitoring the monthly financial reports of the Company, the Board ensures that NCCH is able to meet its financial obligations. The direction provided by the Board and senior management over the past year sees the Company in a very secure financial position for a company of its size. The Company continues to use the CompliSpace governance, risk and compliance framework across the business to ensure its legislative and regulatory requirements are met. Senior management continues to monitor the implementation of the Integrated Management System utilising the Greentree platform which was introduced last year allowing better control, transparency and reporting of the business.

Sub-committees

The following standing sub-committees have been established by the Board to assist with the effective governance of the Company: - Audit, Finance and Risk Management Committee - Marketing and Media Committee - Nominations Committee - Policy and Governance Committee - Property and Development Committee - Remuneration and CEO’s Appraisal Committee - Strategic Planning and Registration Committee.

Time limited sub-committees are also established from time to time as necessary.

“It was good not to have to worry about the added cost of the training camp which will help my son towards his goal of becoming a Black-Belt in Kyokushin.”

Mum of NCCH Scholarship Award recipient “One of our tenants came in to say what an amazing job NCCH is doing and that he greatly appreciates all the assistance we have provided. This was a great way to start the day!”

NCCH Richmond Team Leader