KU Annual Report 2010 - Page 17

Indemnification of officers and auditors During the financial year, the company paid a premium insuring the Directors of the company and all executive officers of the company, against a liability incurred as a Director or executive officer to the extent permitted by the Corporations Act 2001. The insurance prohibits disclosure of the nature of the liability and the amount of the premium. The company has not otherwise, during or since the financial year, indemnified or agreed to indemnify an officer or auditor of the company against a liability incurred. Directors’ Meetings The following table sets out the number of Directors’ meetings (including meetings of committees of Directors) held during the financial year and the number of meetings attended by each Director (while they were a Director or committee member). During the financial year, 9 Board meetings, 5 Audit & Risk Committee meetings, 3 Governance Committee and 1 KU Marcia Burgess Committee meetings were held. Board of Directors Audit & Risk Management Committee KU Marcia Burgess Foundation Committee Governance Committee Directors Maximum possible attendance Attended Maximum possible attendance Attended Maximum possible attendance Attended Maximum possible attendance Attended David Bryant 9 9 # # # # # # Greg Bittar 5 2 2 0 # # # # (resigned 20 August 2010) Anthea Green 9 9 3 3 # # 1 1 Borislav Kotic 9 7 5 5 # # 1 1 David McCracken 9 9 # # # # 1 1 Melissa Potter 9 7 # # 3 3 # # Sally-Anne Reid 3 3 2 2 # # 1 1 Graham Vimpani 3 2 # # # # # # (resigned 26 May 2010) (resigned 26 May 2010) Jane Ward 9 9 # # 3 2 # # Stuart Washington 9 8 # # 3 3 # # Christine Woodrow 4 3 # # # # # # (appointed 29 July 2010) # Indicates not a member of relevant committee. The auditors’ independence declaration is included on page 4 of the financial report. Signed in accordance with a resolution of the Directors made pursuant to s 298(2) of the Corporations Act 2001. On behalf of the Directors David Bryant Chairman, Board of Directors Sydney, 29th March 2011 Borislav Kotic Director Sydney, 29th March 2011 115th Annual Report 2010 17