Corporate Governance

Corporate governance is the system by which companies are directed and managed. It influences how the objectives of the Company are set and achieved, how risk is monitored and assessed, and how performance is optimized. Good corporate governance structures encourage companies to create value (through entrepreneurism, innovation, development and exploration) and provide accountability and control systems commensurate with risks involved.

Good corporate governance will evolve with the changing circumstances of a company and must be tailored to meet these circumstances. Ishine International Resources Limited is a junior exploration company.

The Board is responsible for the overall corporate governance of the Company, and it recognizes the need for the highest standards of ethical behaviour and accountability ensuring that the Company complies with the Corporations Act 2001, Australian Securities Exchange (ASX) Listing Rules, Company Constitution and other applicable laws and regulations.

The following policies and procedures have been implemented and are available in full.

• Ishine Audit Committee Charter
• Ishine Board Charter
• Ishine Board Code of Conduct
• Ishine Remuneration Commitee Policy
• Ishine Share Trading Policy

The Board will consider on an ongoing basis its Corporate Governance procedures and whether they are sufficient given the Company's nature of operations and size.