07. HOW WE ADMINISTER THIS CODE.

This Code is part of Mercury’s framework of corporate governance –the way we run our business. Together, this Code and our policies define our commitment to each other, to our customers, our investors and the communities in which we operate. They provide guidance on what we do and how we do it.

Mercury uses an integrated risk management framework to identify, assess, control, monitor and report risks to Mercury’s business. Through this framework risks are identified and escalated as required.

Our People & Performance team are responsible for administering this Code and managing its review.

Mercury may amend or add to this Code at any time.

Any changes made to this Code will be approved by the Chief Executive. Any major changes will be outlined to the People & Performance Committee and the Board every year in April.

The Board will review this Code as required but at least every two years.