Corporate Governance

New Britain Palm Oil Limited (NBPOL) is a wholly owned subsidiary of SD Guthrie Berhad and operates within the Group’s governance framework.
Governance at NBPOL is designed to ensure responsible management, strong internal controls and alignment with SD Guthrie’s strategic direction, while maintaining accountability for local operations in Papua New Guinea and the Solomon Islands.
NBPOL’s Board and Management are responsible for:

• Executing business strategies approved within the Group framework
• Overseeing operational performance and financial discipline
• Managing risks, compliance and internal controls
• Upholding sustainability, ethical conduct and stakeholder responsibilities

Strategic oversight, enterprise risk management and sustainability governance are guided at the SD Guthrie Group level, with operational governance executed locally by NBPOL’s leadership team.

NBPOL is committed to conducting business with integrity, transparency and accountability. All directors, employees and business partners adhere to the SD Guthrie Code of Business Conduct, which sets out clear expectations on ethical behaviour, compliance with laws and regulations, and zero tolerance for bribery, corruption or unethical practices. The Code provides guidance on:

• Ethical decision‑making
• Conflicts of interest
• Anti‑bribery and anti‑corruption standards
• Fair dealing and responsible business conduct.

NBPOL supports a culture of openness and accountability, where concerns can be raised without fear of retaliation.
All directors, employees, contractors and related parties may report suspected misconduct, unethical behaviour or breaches of policy through SD Guthrie’s Group whistleblowing channels.

The whistleblowing framework:

• Allows concerns to be raised confidentially and, where appropriate, anonymously
• Protects whistleblowers acting in good faith
• Ensures reports are reviewed and addressed independently

NBPOL adopts the SD Guthrie Whistleblowing Policy, which governs the handling, investigation and resolution of reported concerns.