Hammer Metals Limited

The Board is responsible for the overall corporate governance of the Company including its strategic direction, establishing goals for management and monitoring the achievement of these goals.

The Company has a set of corporate governance policies and procedures.

The Corporate Governance Statement contains certain specific information and discloses the extent to which the Company has followed the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations during the period. Where a recommendation has not been followed that fact has been disclosed, together with the reasons for the departure.

This statement outlines the main Corporate Governance practices of Hammer Metals Limited.