The Board of Directors of Clara Resources Australia Limited is responsible for the Corporate Governance of the Company. The Board guides and monitors the business and affairs of Clara Resources Australia Limited on behalf of the shareholders by whom they are elected and to whom they are accountable. The Governance Principles adopted by the Board are designed to achieve this outcome.

The Key Components of the Corporate Governance Framework of Clara Resources Australia Limited (C7A) are explained in the following list of the Company policies and statements.