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Corporate governance is a key element in enhancing investor confidence,

promoting competitiveness, and ultimately improving economic growth.
Waltersmith's board has the primary commitment of ensuring and upholding
good corporate governance within the Company.

In Waltersmith, we are focused on embedding cultural, political and economic
norms which influences the way in which a society approaches corporate
governance and its impact on board leadership, management oversight and

accountability in our governance structure. We strive to reach an appropriate
balance of legislative and regulatory reform, taking into consideration
international best practice to promote enterprise, enhance competitiveness and

stimulate investment.

Waltersmith’s Board provides leadership in defining the company's strategic goals

responsible for its performance and affairs, approving its long and short-term
business strategies as well as monitoring their implementation by management.

Our Board of Directors is made up of diverse group of veteran professionals in

various disciplines ranging from oil and gas, banking, finance and business
entrepreneurs. The Board comprises of the chairman, vice chairman, two executive
directors and three non-executive directors.

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