2025 Corporate Governance Statement & Appendix 4G

In our recently released 2025 Corporate Governance Statement, Xref Limited has confirmed its commitment to adhering to the Corporate Governance Principles and Recommendations set by the Australian Securities Exchange (ASX) Corporate Governance Council. The Board has reviewed and adopted the fourth edition of the ASX Corporate Governance Principles and Recommendations, aligning with the company's growth and development strategies going forward.

The Board composition for the recent reporting period includes Non-Executive Chairman Mr. Thomas Stianos, Executive Director and CEO Mr. Lee-Martin Seymour, and Non-Executive Directors Mr. Nigel Heap, Mr. Jake Phillpot, and Mr. Andrew Jonathan George Newbery. The skills, experience, and expertise of each Director are disclosed in the Annual Report and on the company's website.

Xref has disclosed its Board charter, nomination committee details, board skills matrix, and information on the independence of Directors. The company has policies in place for induction of new Directors, performance evaluations, diversity, ethics, and whistleblowing. Additionally, Xref's governance framework includes risk management practices, integrity of corporate reports, continuous disclosure policy, and investor relations program.

Shareholders are encouraged to engage in open communication and participate in meetings, ensuring two-way interaction. Xref's commitment to fair and responsible remuneration practices is demonstrated through separate disclosure of non-executive and executive remuneration policies. The company's Equity Option Plan, approved by shareholders, is detailed in the Remuneration Report section of the Annual Report.

For the complete Corporate Governance Statement and detailed information on Xref's governance practices, including policies and charters, visit the Corporate Governance section on the Investor Hub at https://investors.xref.com/corporate-governance. Shareholders are invited to review the documents and engage with any questions they may have concerning Xref's governance practices.