New Zealand Coastal Seafoods details 2025 governance compliance, flags key non-compliance

New Zealand Coastal Seafoods Limited has published its Appendix 4G for the financial year ending June 30, 2025. The corporate governance statement, approved by the board on November 12, 2025, is available on the company website. Peter Chai, chairman, is the authorized officer for this lodgement.

The company indicates full compliance with most principles for management and oversight, including having a board charter and processes for director appointments and the company secretary's accountability. However, the company has not followed the recommendation to have a majority of independent directors on its board (Principle 2.4). It also does not have an audit committee (Principle 4.1) or a remuneration committee (Principle 8.1), opting instead to disclose its processes for safeguarding corporate reporting integrity and remuneration setting.

New Zealand Coastal Seafoods Limited also confirms that it has disclosed its values, code of conduct, whistleblower policy, and anti-bribery and corruption policy, all available through historical announcements on the ASX platform. The company provides information to investors via its website and facilitates effective two-way communication with security holders.