Cosmicore Governance & Compliance Framework

1. Corporate Governance Structure

2. Governance Policies & Framework

Cosmicore’s governance framework is built on the following core principles:

• Integrity-First Leadership: Upholding the highest standards of ethics and integrity in all aspects of business, decision-making, and stakeholder engagement. 
• Transparency & Accountability: Ensuring that all financial, operational, and governance activities are carried out transparently, with regular reporting and audits. We believe in providing all stakeholders, particularly landowners, with clear and accessible information regarding the progress and outcomes of our projects. 
• Sustainable Development: Our commitment to sustainable business practices is embedded in our governance framework. We prioritize environmental protection, social responsibility, and the long-term welfare of communities. All our projects are developed with a focus on minimizing environmental impact and preserving local ecosystems. 
• Stakeholder-Centered Decision-Making: Our governance structure emphasizes the importance of involving all stakeholders, especially customary landowners, in decision-making processes. We operate with full respect for landowner rights and work to ensure that their voices are heard and their interests are represented.

3. Legal & Regulatory Compliance

Cosmicore ensures compliance with all relevant laws and regulations in both Australia and Papua New Guinea.

Our legal team manages the company's legal affairs, including landowner agreements, joint ventures, environmental regulations, and industry standards.

• Papua New Guinea Compliance: As an operator in PNG, we comply with the legal and regulatory framework set forth by key government agencies, such as the Mineral Resources Authority (MRA), Department of Petroleum and Energy (DPE), Department of Commerce and Industry (DCI), and the Environmental Protection Authority (EPA).
• International Standards: In addition to local compliance, Cosmicore adheres to international best practices in corporate governance, including the OECD Guidelines for Multinational Enterprises and the UN Global Compact principles, focusing on human rights, environmental protection, and anti-corruption practices.

4. Compliance Systems & Reporting

Comprehensive compliance framework.

Cosmicore has implemented comprehensive compliance systems that ensure that the company operates within the legal frameworks in Australia and PNG while meeting international standards:

• Internal Audits & Risk Management: We conduct regular internal audits to ensure that our operations are aligned with governance and compliance standards. These audits assess financial integrity, operational processes, and risk exposure. We also have a robust risk management strategy in place, identifying potential risks across operations and taking proactive steps to mitigate them.
• Regulatory Reporting: We provide regular reports to regulatory bodies in both Australia and PNG. These reports include information on our environmental impact, financial performance, landowner agreements, and other key business activities. This ensures transparency and accountability in all our operations.
• Code of Conduct & Ethics: Cosmicore has a strict code of conduct that governs the behavior of all employees, partners, and stakeholders. This code covers ethics, anti-corruption practices, conflict of interest management, and respect for landowner rights.
• Environmental, Social, and Governance (ESG) Policies: Our ESG policies reflect our commitment to responsible resource development, ensuring that our projects contribute positively to the local environment and communities. This includes compliance with environmental regulations, support for community development initiatives, and promoting good governance at all levels.

5. Landowner Engagement & Rights Protection

As part of our commitment to good governance, Cosmicore has a specialised Landowner Liaison & Community Engagement Team.

This team is dedicated to ensuring that customary landowners are involved at every stage of the development process.

• Landowner Agreements: We work closely with landowners to ensure that all agreements are fair, transparent, and legally sound. These agreements are designed to protect the rights of landowners while ensuring that they benefit from the development of their resources
• Conflict Resolution: We have a dedicated dispute resolution mechanism in place to address any conflicts that may arise during project implementation. This ensures that all parties are heard, and issues are resolved amicably and efficiently.
• Profit Sharing & Equity Participation: In alignment with our commitment to landowner empowerment, we offer landowners equity participation in our projects. This allows landowners to share in the financial success of the projects that operate on their land, ensuring that they are true stakeholders in the process.

6. Environmental & Social Governance (ESG) Commitment

Cosmicore recognises the importance of environmental stewardship and social responsibility.

Our governance and compliance framework includes a strong focus on ESG factors, ensuring that all our operations align with global standards for environmental protection and social equity.

• Environmental Impact Assessments (EIA): We conduct thorough EIAs for all our projects to identify potential environmental risks and implement mitigation strategies. We are committed to minimizing the ecological footprint of our operations and ensuring that any development is sustainable in the long term.
• Sustainable Resource Management: We strive to ensure that the resources extracted from PNG’s land are managed responsibly, with a focus on long-term sustainability and minimizing negative environmental effects.

7. Anti-Corruption & Ethical Conduct

Cosmicore has a zero-tolerance policy for corruption and unethical practices.

Our legal team ensures compliance with anti-corruption laws in both PNG and Australia, and we take all necessary steps to prevent bribery, fraud, and other unethical practices in our operations.

• Whistleblower Protection: We provide a safe and confidential mechanism for employees, stakeholders, and partners to report any concerns regarding unethical behavior or breaches of compliance. This ensures that the company maintains the highest ethical standards in all its dealings

• 1. Leadership: At Cosmicore, we nurture a new generation of visionary leaders who lead with morality, integrity, fairness, and collaboration at their core. Our leadership is not driven by titles, but by the courage to stand for what is right—even when no one is watching. We lead to inspire, to uplift, and to empower—not just within our teams, but throughout host communities and across every stakeholder relationship. We are building a gold mining company whose leaders are not just corporate stewards, but agents of change—for climate resilience, ethical governance, and regional transformation.
• 2. Safety: Safety is not a rule—it’s a culture. From the Chairman to the newest team member, safety is a shared responsibility and a daily commitment. We embrace a proactive, top-down safety culture where every person feels empowered and protected. Whether on-site, in remote jungle operations, or within our communities, Cosmicore puts the well-being of people above all else. Our goal is simple: everybody goes home safe. Every day.
• 3. Environment & Sustainability: We are custodians of the earth, not just miners of its resources. Cosmicore operates with deep respect for the land, rivers, forests, and the ancestral heritage of our host regions. Our environmental philosophy is to leave a legacy not of destruction, but of renewal, restoration, and resilience. Every project is approached with a sustainable mindset—from minimizing environmental impact to integrating regenerative practices. We stand for a Papua New Guinea that thrives both economically and ecologically, for generations to come.
• 4. Innovation: We innovate with purpose. Cosmicore embraces the power of technology not as a trend, but as a transformational force to solve real challenges. From AI-driven automation and autonomous mining equipment to drone mapping, smart sensors, and next-generation tunnel boring systems—we integrate cutting-edge solutions that enhance safety, efficiency, and sustainability. Our innovation is deeply tied to our mission: to raise standards, create opportunities, and deliver lasting value to all stakeholders.
• 5. Accountability: We hold ourselves to the highest standard of responsibility and transparency. Every commitment we make—to the land, to our people, to our partners—is a promise we intend to keep. We are accountable not only to our shareholders but to the soul of Papua New Guinea—its people, its landowners, its future. We recognize that mining must bring more than wealth—it must bring progress, skills, education, and independence. We mine with purpose, to see a sovereign nation rise.
• 6. Integrity: Integrity is our foundation. Cosmicore conducts business with unwavering honesty, professionalism, and ethical clarity. In a world where shortcuts are often tempting, we choose the long road if it means doing what is right. We lead with transparency in all our dealings—whether with governments, employees, or international investors—because we believe that trust is not given, it is earned through consistent action.
• 7. Diversity: We are stronger because of our differences. Cosmicore believes in the power of inclusion. We welcome people from all walks of life—every culture, every creed, every story. In the diversity of thought and background, we find creativity, compassion, and collective strength. Our vision is to create an environment where every individual feels seen, heard, and valued, and where no voice is too small to make an impact.
• 8. Equality: Respect is non-negotiable. We honour every person—regardless of race, religion, gender, background, or socioeconomic status—with dignity and fairness. Equal opportunities, equal pay, and equal voice form the backbone of our company culture. At Cosmicore, every human being matters, and no one is left behind.
• 9. Liberty: We champion freedom of thought, expression, and lifestyle. Cosmicore envisions a Papua New Guinea where every citizen has the liberty to dream, build, and thrive without fear or oppression. We operate in a way that strengthens the democratic and cultural freedoms of our host communities, ensuring they remain empowered to shape their own destinies. Through enterprise and education, we aim to replace dependence with confidence and sovereignty.
• 10. Collaboration: True progress is never achieved alone. We believe in the power of partnership—with landowners, with local leaders, with governments, and with international allies who share our vision. Cosmicore is a movement built on unity and mutual respect. By working together, we can transform not just industries—but entire nations. We rise together, or not at all.