tailieunhanh - Melbourne Mining Club Ian Smith - Managing Director and CEO

A critical aspect of board/staff relations is the authority of directors to give instructions and orders to staff members. Generally a board will deal directly only with the Executive Director. Other employees should receive direction from their supervisors or managers. Individual board members may only direct staff with the express permission of the board or, if appropriate, with the agreement of the Executive Director. Although the board should let staff manage, there is often value in providing opportunities for directors and staff members to become better acquainted and to share information and experiences. Strategic planning retreats and social events help develop. | ORICA Melbourne Mining Club 11th April 2013 Ian Smith - Managing Director and CEO Orica Limited Group Disclaimer ORICA Forward looking statements This presentation has been prepared by Orica Limited. The information contained in this presentation is for informational purposes only. The information contained in this presentation is not investment or financial product advice and is not intended to be used as the basis for making an investment decision. This presentation has been prepared without taking into account the investment objectives financial situation or particular needs of any particular person. No representation or warranty express or implied is made as to the fairness accuracy completeness or correctness of the information opinions and conclusions contained in this presentation. To the maximum extent permitted by law none of Orica Limited its directors employees or agents nor any other person accepts any liability including without limitation any liability arising out of fault or negligence for any loss arising from the use of the information contained in this presentation. In particular no representation or warranty express or implied is given as to the accuracy completeness or correctness likelihood of achievement or reasonableness of any forecasts prospects or returns contained in this presentation. Such forecasts prospects or returns are by their nature subject to significant uncertainties and contingencies. Before making an investment decision you should consider with or without the assistance of a financial adviser whether an investment is appropriate in light of your particular investment needs objectives and financial circumstances. Past performance is no guarantee of future performance. Non-IFRS information This presentation makes reference to certain non-IFRS financial information. Management use this information to measure the operating performance of the business and has been presented as this may be useful for investors. This information has