Board Committees and Mandate

Committees of the Board of Directors

Each Board committee operates under a written charter that sets out its responsibilities and duties, qualifications for membership, procedures for committee member removal and appointment and reporting to the Board. The charters are reviewed annually by the relevant committee and the Nominating and Corporate Governance Committee, which may make recommendations to the Board for changes. Below is a brief description of the responsibilities of each committee.

Audit Committee

The Audit Committee is responsible for assisting the Board in fulfilling its oversight responsibilities in relation to, among other things:

  • financial reporting;
  • the external auditor;
  • the internal auditor;
  • compliance with legal and regulatory requirements related to financial reporting and certain corporate policies;
  • internal controls over financial reporting and disclosure controls; and
  • any additional matters delegated to the Audit Committee by the Board.

Audit Committee Members: Ian Austin (Chair), Niyazbek Aldashev, Patrick James, Sheryl Pressler.

Audit Committee Charter (PDF 22 KB)

Nominating and Corporate Governance Committee

The Nominating and Corporate Governance Committee is responsible for assisting the Board in fulfilling its oversight responsibilities in relation to, among other things:

  • Centerra's overall approach to corporate governance;
  • the size, composition and structure of the Board and its committees;
  • the identification and recommendation to the Board of qualified individuals for appointment to the Board and its committees;
  • orientation and continuing education for directors;
  • the limitation of director and officer liability, including indemnities under contract or by-law or pursuant to directors and officers insurance;
  • matters involving conflicts of interest of directors; and
  • any additional matters delegated to the Nominating and Corporate Governance Committee by the Board.

Nominating and Corporate Governance Committee Members: Sheryl Pressler (Chair), Raphael Girard, Patrick James, Amangeldy Muraliev, Anthony Webb.

Nominating and Corporate Goverance Committee Charter (PDF 28 KB)

Human Resources and Compensation Committee

The Human Resources and Compensation Committee is responsible for assisting the Board in fulfilling its oversight responsibilities in relation to, among other things:

  • the selection and retention of senior management;
  • the compensation of senior management;
  • senior management succession and development;
  • human resources policies; and
  • any additional matters delegated to the Human Resources and Compensation Committee by the Board.

Human Resources and Compensation Committee Members: Anthony Webb (Chair), Niyazbek Aldashev, Ian Austin, Terry Rogers.

Human Resources and Compensation Committee Charter (PDF 38 KB)

Safety, Health and Environmental Committee

The Safety, Health and Environmental Committee is responsible for assisting the Board in fulfilling its oversight responsibilities in relation to, among other things:

  • the establishment and review of Centerra's safety, health and environmental policies;
  • management of the implementation of compliance systems;
  • monitoring the effectiveness of Centerra's safety, health and environmental policies, systems and monitoring processes;
  • receiving audit results and updates from management with respect to Centerra's health, safety and environmental performance;
  • reviewing the annual budget for safety, health and environmental operations; and
  • any additional matters delegated to the Safety, Health and Environmental Committee by the Board.

Safety, Health and Environmental Committee Members: John Lill (Chair), Karybek Ibraev, Amangeldy Muraliev, Bruce Walter.

Safety, Health, and Environmental Committee Charter (PDF 26 KB)

Reserves Committee

The Reserves Committee is responsible for assisting the Board in fulfilling its oversight responsibilities in relation to:

  • the estimation of reserves by management;
  • the review of reserve information before publication; and
  • any additional matters delegated to the Reserves Committee by the Board.

Reserves Committee Members: Terry Rogers (Chair), Raphael Girard, Karybek Ibraev, Bruce Walter.

Reserves Committee Charter (PDF 25 KB)

Corporate Social Responsibility

The Corporate Social Responsibility Committee is responsible for assisting the Board in fulfilling its oversight responsibilities in relation to:

  • the Company's corporate social responsibility policies; and
  • programs and the Company's corporate social responsibility performance.

Corporate Social Responsibility Committee members: Raphael Girard (Chair), Niyazbek Aldashev, Karybek Ibraev, John Lill, Terry Rogers.

Corporate Social Responsibility Committee Charter (PDF 25 KB)

Updated: 2011-11-11

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