Corporate Governance

Synergia Energy has adopted a comprehensive system of control and accountability for the administration of Corporate Governance. The Board is committed to administering the policies and procedures with openness and integrity, pursuing the true spirit of corporate governance commensurate with the Company’s needs.

To the extent they are applicable to the Company, the Board has adopted the AIM corporate governance principles and recommendations. While the QCA Code recommends that all directors be subject to annual re-election, Synergia Energy Ltd’s Constitution provides for a staggered board rotation. Additionally, the Chief Executive Officer is exempt from these provisions under Article 6.3(a) of the Constitution.

The Board considers this approach appropriate for the Company’s size, structure, and stage of development. It ensures continuity of leadership and preserves institutional knowledge, particularly in a sector where technical expertise is critical, and the Company is looking at significant transactions. The Board will continue to review this position in light of evolving governance expectations and stakeholder feedback.

Further information about the Company’s corporate governance practices is set out in the document links below.

Constitution, Charters and Statements

Policies and Procedures