Healius Ltd is committed to upholding strong corporate governance practices that ensure accountability, transparency, and alignment with stakeholder interests. The Company employs rigorous processes for performance evaluation and remuneration determination across all levels of leadership.
In accordance with the Board Charter and recognised governance standards, the Board of Healius Ltd conducts a formal annual evaluation of its own performance. This includes:
Feedback is also obtained from key stakeholders, including the Company’s external auditor, to support ongoing governance improvement.
Each Board Committee is required to conduct its own annual performance review and report findings to the Board, helping to ensure a continuous cycle of reflection and enhancement.
The Board also reviews its composition on a periodic basis to ensure it retains the skills, experience and expertise required to meet the current and future needs of Healius Ltd.
The Board undertakes an annual formal review of the performance of the CEO and Managing Director, assessing:
The People and Governance Committee review evaluation outcomes to inform decisions on remuneration structure, performance incentives, and goal setting.
The CEO and Managing Director conducts annual reviews for all executives, using a framework aligned to that of the Board and senior leadership. Each executive is assessed against agreed quantitative and qualitative performance measures, ensuring alignment with Healius Limited’s broader strategic objectives and leadership values.
Healius Ltd operates an equity-based remuneration plan to attract, retain and reward high-performing employees: the Healius Equity Incentive Plan.
Performance Rights granted under these plans may be subject to vesting conditions based on individual, team, or organisational performance, as determined by the Board. These long-term incentive mechanisms support alignment between executive performance and shareholder value creation.