Corporate Governance Statement

Ramsay Health Care Limited Annual Report 2016

Corporate Governance Statement Ramsay Health Care Limited (Company) is committed to delivering high quality health care services, long-term sustainable growth and shareholder returns. The Board recognises the importance of good governance in achieving these corporate objectives, in discharging its responsibilities to all stakeholders and in executing the broader role of the Company as a good corporate citizen. 2016 Initiatives & Highlights Commencing in February 2016, Professor John Horvath AO joined the Company as its Strategic Medical Advisor. Professor Horvath assists the Company in developing and implementing innovative clinical programmes which enhance the Company’s performance and reputation as a global leader in the delivery of safe and quality care to patients. Professor Horvath is also a member of the Company’s Global Risk Management Committee. Significant work has been undertaken to embed a global risk management structure. The Global Risk Management Committee has reviewed and updated the Risk Management Framework and undertaken a Strategic and Operational Risk Assessment on the Group as a whole while each of Ramsay Australia, Ramsay UK and Ramsay Générale de Santé in France have established a risk management sub-committee. The Board established the Ramsay Human Rights and Labour Policy, which sets out (among other things) the Company’s commitment to only engage workers who have capacity, are of legal age and a free will to work. Since 2011 (including 2016) the Company has been included in the FTSE4Good Index, an index which objectively measures the performance of companies that meet globally recognised corporate responsibility standards. The Company’s governance framework is designed to ensure that the Company is effectively managed, that statutory obligations are met and that the culture of personal and corporate integrity – The Ramsay Way – is reinforced. The Company remains steadfast in its commitment to maintaining the culture and principles of The Ramsay Way across all aspects of its business, honouring the architect of The Ramsay Way, the late Mr Paul Ramsay AO. This Statement outlines the Company’s governance framework, policies and procedures as at 13 September 2016 (unless otherwise stated) in accordance with the 3rd Edition of the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations (ASX Recommendations) applicable at the date of this report. The table at the end of this section indicates where specific ASX Recommendations are addressed in this Statement. ANNUAL REPORT 2016 15


Ramsay Health Care Limited Annual Report 2016
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