1. Corporate Governance Structure

Executive Leadership

Cosmicore’s governance is led by an Executive Chairman & Global CEO, supported by an experienced Board of Directors with deep expertise across mining, infrastructure, engineering, law, finance, and business management.

The executive leadership team is responsible for:

• Setting the strategic direction of the company

• Ensuring alignment with Cosmicore’s mission of landowner empowerment, sustainable development, and long-term value creation

• Maintaining high standards of ethical conduct, accountability, and performance across all operations

Board of Directors

Cosmicore’s Board of Directors comprises senior professionals with diverse industry and governance experience, providing independent oversight and strategic guidance to the company.

The Board is responsible for:

• Oversight of corporate strategy, risk management, and governance frameworks

• Ensuring compliance with ethical, legal, and regulatory requirements

• Monitoring operational performance and capital discipline

• Safeguarding the long-term interests of shareholders, landowners, and other stakeholders

2. Governance Policies & Framework

Cosmicore’s governance framework is founded on a set of core principles that guide decision-making, project delivery, and stakeholder engagement across all operations.

Integrity-First Leadership

Cosmicore upholds the highest standards of ethics and integrity in all business activities. Our leaders are accountable for acting responsibly, making principled decisions, and maintaining trust with landowners, partners, regulators, and investors.

Transparency & Accountability

We are committed to operating with full transparency and accountability across financial, operational, and governance functions.

This includes:

• Clear reporting and record-keeping

• Independent audits and compliance reviews

• Open communication with stakeholders

Particular emphasis is placed on ensuring customary landowners have clear, accessible information regarding project progress, financial outcomes, and benefit-sharing arrangements.

Sustainable Development

Sustainability is embedded within Cosmicore’s governance framework and project planning processes.

We prioritise:

• Environmental protection and responsible resource management

• Social responsibility and community wellbeing

• Long-term economic value over short-term gains

All projects are designed to minimise environmental impact, support rehabilitation, and preserve local ecosystems for future generations.

Stakeholder-Centred Decision-Making

Cosmicore’s governance model places stakeholders — especially customary landowners — at the centre of decision-making.

We:

• Respect customary land rights and cultural protocols

• Engage landowners through structured consultation and participation mechanisms

• Ensure landowner interests are formally represented within project governance structures

This approach ensures development is conducted with communities, not around them, and that outcomes are equitable, inclusive, and enduring.

3. Legal & Regulatory Compliance

Cosmicore operates in strict compliance with all applicable laws, regulations, and industry standards in both Australia and Papua New Guinea. Our legal and compliance framework is designed to ensure that all activities are conducted lawfully, ethically, and transparently across every jurisdiction in which we operate.

A dedicated Legal & Compliance function oversees all legal affairs, including:

• Landowner and ILG agreements

• Joint venture and partnership arrangements

• Regulatory approvals and licence conditions

• Environmental and social compliance obligations

• Corporate governance and risk management

Papua New Guinea Compliance

As an operator in Papua New Guinea, Cosmicore complies fully with the national legal and regulatory framework administered by relevant authorities, including:

• Mineral Resources Authority (MRA)

• Department of Petroleum and Energy (DPE)

• Department of Commerce and Industry (DCI)

• Environmental Protection Authority (EPA)

Cosmicore ensures that all projects meet licensing, reporting, environmental, and community consultation requirements, and are developed in accordance with national policies and customary land frameworks.

International Standards & Best Practice

In addition to local compliance, Cosmicore aligns its governance and operational practices with internationally recognised standards, including:

• OECD Guidelines for Multinational Enterprises

• United Nations Global Compact principles

These standards guide our approach to:

• Human rights and labour practices

• Environmental protection and sustainability

• Anti-corruption, transparency, and ethical conduct

By integrating local regulatory compliance with international best practice, Cosmicore ensures its projects are credible, responsible, and investment-ready, while protecting the interests of landowners, communities, and stakeholders.

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4. Compliance Systems & Reporting

Cosmicore has implemented a comprehensive compliance and reporting framework to ensure all operations meet applicable legal requirements in Australia and Papua New Guinea, while aligning with recognised international standards.

Our compliance systems are designed to support transparency, accountability, and proactive risk management across all business activities.

Internal Audits & Risk Management

Cosmicore conducts regular internal audits to assess compliance with governance, financial, operational, and environmental standards.

This process includes:

• Review of financial controls and reporting integrity

• Assessment of operational processes and project delivery systems

• Identification and monitoring of operational, financial, legal, and environmental risks

A structured risk management framework is applied to identify potential risks early and implement mitigation measures to protect stakeholders, assets, and long-term project viability.

Regulatory Reporting

Cosmicore maintains clear and timely reporting to relevant regulatory authorities in both Australia and Papua New Guinea.

Reporting obligations include:

• Environmental performance and compliance reporting

• Financial and corporate reporting requirements

• Disclosure of landowner agreements and community commitments

• Reporting on licence conditions and regulatory approvals

This ensures accountability, transparency, and ongoing regulatory confidence in all Cosmicore operations.

Code of Conduct & Ethics

Cosmicore operates under a formal Code of Conduct and Ethics applicable to all employees, directors, contractors, and partners.

The Code addresses:

• Ethical behaviour and professional standards

• Anti-corruption and anti-bribery practices

• Conflict-of-interest identification and management

• Respect for customary land rights, communities, and cultural values

Environmental, Social & Governance (ESG) Policies

Cosmicore’s ESG policies underpin responsible resource development and long-term value creation.

These policies focus on:

• Compliance with environmental laws and best-practice standards

• Responsible land and resource management

• Community development, skills transfer, and social impact

• Strong governance, accountability, and ethical leadership

Through disciplined compliance systems and transparent reporting, Cosmicore ensures its projects deliver commercial performance, social responsibility, and environmental stewardship in equal measure.

• initiatives, and promoting good governance at all levels.

5. Landowner Engagement & Rights Protection

Landowner engagement and rights protection sit at the core of Cosmicore’s governance framework. To uphold this commitment, Cosmicore maintains a dedicated Landowner Liaison & Community Engagement Team responsible for ensuring customary landowners are actively involved throughout the full project lifecycle.

From early planning through development, operations, and closure, landowners are treated as partners in development, not passive stakeholders.

Landowner Agreements

Cosmicore works closely with customary landowners and recognised ILG structures to develop agreements that are:

• Fair, transparent, and legally sound

• Clearly understood by all parties

• Consistent with PNG law, customary land rights, and best-practice governance

These agreements are designed to protect landowner rights while ensuring meaningful participation and long-term benefits from the responsible development of their resources.

Conflict Resolution & Grievance Management

Cosmicore has established clear and accessible dispute resolution and grievance mechanisms to address concerns that may arise during project implementation.

This framework ensures:

• Issues are identified early and addressed respectfully

• All parties have the opportunity to be heard

• Disputes are resolved efficiently, fairly, and in good faith

Our approach prioritises dialogue, transparency, and community cohesion.

Profit Sharing & Equity Participation

In alignment with our commitment to landowner empowerment, Cosmicore incorporates profit-sharing and equity participation mechanisms into its project structures where appropriate.

This enables customary landowners to:

• Share directly in the financial success of projects

• Participate as long-term stakeholders rather than short-term beneficiaries

• Build sustainable economic capacity for future generations

Through this model, landowners are positioned as co-developers and shareholders, ensuring development outcomes are inclusive, durable, and intergenerational.

6. Environmental & Social Governance (ESG) Commitment

Cosmicore recognises that responsible development depends on strong environmental stewardship and social responsibility. Our governance and compliance framework embeds Environmental, Social, and Governance (ESG) principles across all stages of project planning, execution, and operation.

We are committed to ensuring that development delivers long-term environmental protection, social equity, and sustainable economic outcomes for host communities and future generations.

Environmental Impact Assessments (EIA)

Cosmicore undertakes appropriate Environmental Impact Assessments (EIAs) and environmental studies for its projects in accordance with regulatory requirements and best-practice standards.

These assessments are used to:

• Identify potential environmental risks and sensitivities

• Design mitigation and management measures

• Support regulatory approvals and environmental compliance

• Minimise ecological disturbance and protect biodiversity

Our objective is to ensure that development is conducted responsibly and that environmental impacts are managed effectively throughout the project lifecycle.

Sustainable Resource Management

Cosmicore is committed to the responsible and sustainable management of natural resources across its operations.

This includes:

• Responsible extraction and use of resources

• Rehabilitation planning and land restoration strategies

• Water, land, and ecosystem protection measures

• Long-term planning that balances economic development with environmental integrity

By integrating ESG principles into governance and decision-making, Cosmicore ensures that development supports community wellbeing, environmental protection, and enduring value creation.

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7. Anti-Corruption & Ethical Conduct

Cosmicore maintains a zero-tolerance approach to corruption, bribery, fraud, and unethical conduct across all areas of its operations.

Our governance framework requires strict compliance with applicable anti-corruption and integrity laws in both Australia and Papua New Guinea. Ethical conduct is a non-negotiable standard for all directors, employees, contractors, partners, and representatives acting on behalf of the company.

To uphold this commitment, Cosmicore:

• Enforces robust anti-bribery and anti-corruption controls

• Monitors compliance with ethical standards across all operations

• Requires transparency and integrity in all commercial and stakeholder engagements

• Takes appropriate action where breaches of policy or law are identified

Whistleblower Protection

Cosmicore provides a safe, confidential, and accessible whistleblower mechanism that allows employees, partners, landowners, and stakeholders to report concerns relating to unethical behaviour, misconduct, or compliance breaches.

This framework ensures:

• Protection against retaliation for individuals raising concerns in good faith

• Confidential handling of reports

• Independent review and appropriate follow-up actions

By promoting transparency and accountability, Cosmicore reinforces a culture of integrity and ensures that ethical conduct underpins all business activities.

• 5. Accountability

  Cosmicore holds itself to the highest standards of responsibility and transparency. Every commitment we make — to landowners, communities, partners, and stakeholders — is treated as a responsibility we are accountable for delivering.

  We recognise that responsible resource development must create more than financial returns. It must contribute to skills development, education, economic independence, and long-term national capacity. Accountability means delivering outcomes that endure beyond the life of any single project.

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  6. Integrity

  Integrity is the foundation of everything we do.

  Cosmicore conducts business with honesty, professionalism, and ethical discipline, even when doing so requires patience or difficult decisions. We reject shortcuts that compromise trust, compliance, or community confidence.

  Through transparent engagement with governments, landowners, employees, and investors, we build trust through consistent action, not promises.

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  7. Diversity

  Cosmicore believes that diversity strengthens decision-making, innovation, and organisational resilience.

  We welcome people of different backgrounds, cultures, perspectives, and experiences, recognising that inclusive teams foster better ideas, stronger collaboration, and more sustainable outcomes. Diversity of thought and experience is valued at every level of the organisation.

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  8. Equality

  Respect, fairness, and dignity are non-negotiable at Cosmicore.

  We are committed to equal opportunity, fair treatment, and a safe, inclusive workplace for all. Discrimination of any form is not tolerated, and all individuals are treated with professionalism and respect.

  Equality underpins our culture, our leadership practices, and our engagement with communities and partners.

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  9. Empowerment & Liberty

  Cosmicore supports the empowerment of individuals and communities to make informed decisions about their future.

  We operate in a manner that respects freedom of thought, expression, and cultural identity, while supporting education, skills development, and economic participation. Through enterprise and opportunity, we aim to help communities build confidence, resilience, and long-term self-reliance.

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  10. Collaboration

  Cosmicore believes meaningful progress is achieved through partnership and shared purpose.

  We work collaboratively with customary landowners, local communities, governments, and international partners who share our commitment to responsible development. Mutual respect, open communication, and aligned objectives form the basis of every partnership we enter.

  By working together, we deliver outcomes that no single party could achieve alone.