34 RACING AUSTRALIA ANNUAL REPORT 2023 Nicolle Rantanen Reynolds – Director Chief Executive, The Public Trustee, Attorney Generals Department SA, Deputy Chair, Thoroughbred Racing NT, Director, Credit Union SA Ltd, Director, University of South Australia, Director, Cancer Council SA, Director, Clayton Church Homes, President, The Grange Golf Club Former: Advisory Board SA/NT CPA Australia, Director, Harness Racing SA, Various Committees including, Local Government SA, State Government SA, Medical Research Institute, Institute of Company Directors Qualifications: FAICD / FCPA / FTIA / MBA / M Com Law / BCom Andrew O’Toole – Alternate Director to Nicolle Rantanen Reynolds CEO Thoroughbred Racing NT Former: Business Manager, Darwin Turf Club; CEO Alice Springs Turf Club. Qualifications: Nil Company Secretary David Connell has held the role of Company Secretary since April 2022. He has previously held various financial positions prior to his role as General Manager – Finance & Commercial with Racing Australia Limited. Qualifications: B Com / FCPA MEETINGS OF DIRECTORS’ During the financial year, 7 meetings of the directors were held. Attendances by each director were as follows Directors’ Meetings Eligible to Attend Attended Directors Russell Balding AO 7 7 Greg Nichols 7 6 Graham Quirk 7 7 Colin Holt 7 7 Robert Rorrison 7 7 Robyn Whishaw 4 3 David Garnier 3 3 Company Secretary David Connell 7 7 SHARES UNDER OPTION There were no unissued ordinary shares of the consolidated entity under option outstanding at the date of this report. SHARES ISSUED ON THE EXERCISE OF OPTIONS There were no ordinary shares of the consolidated entity issued on the exercise of options during the year ended 30 June 2023 and up to the date of this report. INDEMNITY AND INSURANCE OF OFFICERS During the financial year, the consolidated entity paid a premium in respect of a contract insuring the directors of the consolidated entity, the company secretary, and all executive officers of the consolidated entity and of any related body corporate against a liability incurred in the course of acting as a director, secretary or executive officer to the extent permitted by the Corporations Act 2001. INDEMNITY AND INSURANCE OF AUDITOR The company has not, during or since the end of the financial year, indemnified or agreed to indemnify the auditor of the company or any related entity against a liability incurred by the auditor. During the financial year, the company has not paid a premium in respect of a contract to insure the auditor of the company or any related entity. PROCEEDINGS ON BEHALF OF THE COMPANY Racing Australia Limited has been served a Statement of Claim as second defendant in Court proceedings commenced by a former jockey in the District Court of Queensland in relation to an insurance claim. Racing Australia’s lawyers have lodged a request with the plaintiff’s solicitors that the claim against Racing Australia be discontinued and has indicated that Racing Australia will otherwise apply to the District Court of Queensland for the claim against it to be struck out. The company was not a party to any other proceedings during the year. AUDITOR INDEPENDENCE DECLARATION The lead Auditor’s Independence Declaration required by section 307C of the Corporations Act 2001 is set out on page 33 and forms part of this report. This report is made in accordance with a resolution of directors, pursuant to section 298(2)(a) of the Corporations Act 2001. On behalf of the Directors Robert Rorrison Chairman Dated this 28 November 2023 DIRECTORS’ REPORT FOR THE YEAR ENDED 30 JUNE 2023
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