The Board of Directors aims to ensure that the shareholders are informed of all major developments affecting the Group’s state of affairs. Information is communicated to shareholders as follows:
- The annual report is available to all shareholders on the company's website and is distributed to those shareholders who elect to receive it. The board ensures that the annual report includes relevant information about the operations of the Group during the year, changes in the state of affairs of the Group, and details of likely future developments, in addition to the other disclosures required by law.
- Proposed major changes in the Group which may impact on share ownership rights are submitted to a vote of shareholders.
To further facilitate communication with shareholders the company has recently established electronic shareholder communication processes via its share registry. Shareholders are able to access annual reports, notices of meetings, proxy forms and voting, and electronic statements (e.g. holding statements) by email. The company has an arrangement with eTree by which it donates $1 to Landcare Australia for each shareholder email address recorded.
The board encourages full participation of shareholders at the Annual General Meeting to ensure a high level of accountability, and identification with the Group’s strategy and goals. Important issues are presented to the shareholders as single resolutions.
The shareholders are responsible for voting on the appointment of directors.