About Mirvac

The purpose of this Charter is to promote high standards of corporate governance and to clarify the role and responsibilities of the Board.

The objectives of the ARCC are to assist the Board to fulfil its corporate governance and overseeing responsibilities relating to the Group's:
(a) financial reporting;
(b) systems of internal controls and management of risk;
(c) internal and external audit functions; and
(d) process for monitoring compliance with laws and regulations and own Code of Conduct/Ethical Business Behaviour.

This Charter sets out the responsibilities of the Committee, its membership criteria and the manner in which the Committee's activities should be conducted.

Mirvac Group is committed to effectively communicating with its securityholders and facilitating an efficient and informed market in its securities, including the securities of those listed entities managed by the Investment Management business unit, through announcements to the Australian Securities Exchange ("ASX") of all material information.

This Policy should be read in conjunction with Mirvac Group’s Continuous Disclosure Policy.

This Policy is designed to support the Group’s commitment to continuous disclosure by ensuring that:
(a) announcements are made to the ASX in a timely manner, are factual and do not omit material information; and
(b) are expressed in a clear and objective manner that allows investors to assess the impact of the information when making investment decisions.

Mirvac Group aims to maintain a high standard of ethical business behaviour at all times and expect its Non-Executive Directors and employees to treat others with fairness, honesty and respect.

The purpose of the code is to uphold those standards.

The Mirvac Group’s Security Trading Policy has been implemented in an effort to prevent the incidence of insider trading in Mirvac Group securities by Directors, employees and their associates. This Policy:
(a) outlines when dealing in Mirvac Group Securities is permitted; and
(b) sets out procedures to reduce the risk of insider trading.

The Mirvac Group provides a Risk Management report each year in its Annual Report.

Risk management is a key element of effective corporate governance. Recognising this, Mirvac Group has a risk management policy and specific and comprehensive procedures for identifying and managing the company’s financial and operational risks.

It also has a well developed, structure and broadly disseminated approach to compliance throughout the Group.

The Mirvac Group's Real Property Valuation Policy sets out the criteria in determining the make-up of the valuation panel, the duration of each panel and the valuation process of Mirvac's commercial, industrial and residential Investment and Development projects.

This Policy sets out a description of the Unit pricing processes that are to be followed by Mirvac in accordance with ASIC Class Order 05/26. The Class Order requires Mirvac, or its nominee, to act reasonably in exercising Unit pricing discretions by according with ordinary commercial practice where practicable.

The following matters are dealt with in this Policy:
(a) what is a Unit price and how it is determined;
(b) the methodology and documentation relevant to each discretion;
(c) the procedure for departure from this Policy;
(d) error management; and
(e) review.

This Charter sets out the responsibilities of the Board Nomination Committee, its membership criteria and the manner in which the Committee’s activities should be conducted.

The objective of the Nomination Committee is to assist the relevant Board to discharge its responsibilities to Securityholders and other stakeholders for ensuring that Mirvac has Boards of effective composition, size and commitment to adequately discharge their responsibilities and duties, having regard to the law and the highest standards of governance.

This Committee has been constituted to assist the Board in meeting its oversight responsibilities in relation to the Group's Health Safety Environment and Sustainability policies, practices and performances.

The key objectives of this Policy are to provide clear guidelines and procedures for dealing with customer complaints, to ensure that complaints are dealt with promptly, efficiently and equitably; and finally, to ensure that systemic and recurring problems are identified and rectified.