Trustee appoints Noongar Boodja Trust Nominations Committee

On 19 August 2022, Perpetual Trustee Company Limited (Perpetual), in its capacity as the first Trustee for the Noongar Boodja Trust, appointed the Noongar Nominations Committee.

The general purpose of the Nominations Committee is to facilitate and streamline the process of selecting and securing candidates for positions as directors and committee members in respect of this Trust and the Eligible Noongar Entities.

The Nominations Committee is comprised of six persons appointed by the Trustee consisting of:

• one person nominated by the Trustee who shall be the chair of the Nominations Committee;

• one Noongar person nominated by the Trustee and recommended by the Noongar Advisory Company in place of the Noongar Relationship Committee who is not be a current director or employee of an Eligible Noongar Entity;

• two representatives of the Noongar Community that have experience

  with directorships and boards; and

• two Independent persons that have experience with directorships and

  boards.

When selecting the Nominations Committee members, Perpetual consulted with the Noongar Advisory Company, which reviewed the composition of the Nominations Committee to ensure that there is a balanced mix of expertise and experience; that appropriate criteria were developed for assessing the suitability of candidates; and that candidates were considered on the basis of merit rather than any affiliation. Following the consultation, Noongar Advisory Company directors resolved that they were satisfied these criteria had been met.

The Nominations Committee will now continue the task of interviewing and nominating candidates for the Noongar Investment Committee.