The following corporate policies, practices and By-Laws outline the basis of PrairieSky Royalty's corporate governance processes. For further information, please contact PrairieSky Royalty's
Corporate Secretary at firstname.lastname@example.org
PrairieSky Royalty Ltd. (the "Company") is committed to conducting its business ethically and legally.
In keeping with that commitment, this Business Code of Conduct and any related policies, practices and guidelines, as approved and implemented by the board of directors of the Company (the "Board") and senior management from time to time, will be used in identifying and managing ethical situations and making ethical business decisions.
The treatment and disclosure of information about the business activities and affairs of public corporations is governed by a strict set of laws and regulations applicable to the business of PrairieSky Royalty Ltd.
This Disclosure Policy applies to employees, contractors, officers and directors of the Company, including any subsidiaries thereof from time to time (collectively, "covered persons").
This Disclosure Policy outlines the procedures and practical guidelines for the consistent, transparent, balanced, regular and timely public disclosure and dissemination of material information (as defined below) and non-material information by covered persons.
PrairieSky Royalty Ltd. is committed to conducting its business ethically and legally. In keeping with that commitment, the purpose of this Investigations Practice Policy is to provide an effective, consistent and appropriate procedure by which all incidents that potentially violate the Company's Business Code of Conduct and any related policies, practices and guidelines, as approved and implemented by the board of directors of the Company and senior management, or statutes, regulations, rules and policies applicable to the Company or the workplace, are properly received, reviewed, investigated, documented and brought to an appropriate resolution.
This Practice applies to employees, contractors, officers and directors of the Company, including any subsidiaries thereof from time to time (collectively, "covered persons").
PrairieSky Royalty's stakeholders rely upon the fair and accurate reporting of all material financial and other facts regarding the Company, its enforcement of its Business Code of Conduct and its compliance with all regulatory requirements. You are urged to report any suspected violations of the Company's:
- Business Code of Conduct,
- Disclosure Policy,
- or complaints regarding accounting, internal accounting controls or auditing matters or any questionable accounting or auditing matters,
The Company's Investigations Practice Policy outlines how a report¹ will be treated once it is made and includes whistleblower protection for complainants. The Company will not allow retaliation for reports made lawfully and in accordance with the Company's investigations practice.
phone toll free: 1.800.661.9675
¹ConfidenceLine has been selected by PrairieSky Royalty Ltd. as its authorized external service provider for the purpose of reporting unethical or improper conduct. This service is open to all employees of PrairieSky Royalty Ltd.
The ConfidenceLine e-Web reporting system offers a secure, state of the art, web reporting communications process that allows for direct and confidential communication between you and PrairieSky Royalty Ltd.
This Securities Trading and Insider Reporting Policy applies to employees, contractors, officers and directors of PrairieSky Royalty Ltd., including any subsidiaries (collectively, "covered persons").
This Policy is intended to safeguard against such trading or dealing, and against the appearance of such trading or dealing, by:
i) restricting the trading activities of employees, contractors or directors that may know, or be presumed to know, of undisclosed material information,
ii) prohibiting derivative transactions by directors and officers and
iii) requiring Reporting Insiders to comply with the reporting requirements applicable to certain trading activities as required by securities laws.
PrairieSky Royalty Ltd. ("PrairieSky") recognizes the benefits of having a diverse board of directors ("Board"). Nomination and appointment of candidates which provide for multiple perspectives, skills, expertise, industry experience and personal characteristics such as age, gender, ethnicity and other distinctions, all contribute to the continued success of the organization. At PrairieSky, these differences will be considered in determining the optimum composition of the Board and when possible will be balanced appropriately.
This Board Diversity Policy is intended to set out the framework for PrairieSky's approach to Board diversity and outline the key criteria for the composition of the Board that promotes PrairieSky's commitment and aspirational targets to diversity and inclusion.
The board of directors (the "Board") of PrairieSky Royalty Ltd. ("PrairieSky") oversees the evaluation, assesses and considers the effectiveness, of the Board as a whole, the committees of the Board and the contribution of individual members on a periodic basis. Through these and other measures, the Board effectively monitors and evaluates its effectiveness and diversity while balancing the value of experience and continuity of its incumbent members. The Board does however recognize that periodic board renewal may offer the benefit of new perspectives and ideas and has adopted this Board Renewal Policy to counterbalance the benefits of continuity of leadership with the introduction of diverse views and experience.
The board of directors (the "Board") of PrairieSky Royalty Ltd. ("PrairieSky") believes in the importance of engaging in constructive communication with PrairieSky's shareholders. Constructive engagement with shareholders can provide valuable insight that will assist the Board in maintaining the high standards of governance to which the Board is committed. The Board, acting on the recommendation of the governance and compensation committee of the Board (the "Governance and Compensation Committee"), has adopted this Shareholder Engagement Policy to promote open and sustained dialogue with PrairieSky's shareholders.