The Audit and Risk Committee assist the Board to carry out its responsibilities by undertaking the following functions:

• Maintaining oversight of the integrity of the statutory financial reports and statements of Powering Skills Organisation Ltd;
• Monitoring the performance of the external audit activities of Powering Skills Organisation Ltd;
• Monitoring that management has an appropriate framework in place to identify and effectively manage risk and that management ensures that Powering Skills Organisation Ltd operates in accordance with the risk and assurance framework;
• Monitoring compliance with regulatory, contractual, legal and ethical standards; and
• Reviewing compliance with internal guidelines, policies and procedures and other prescribed internal standards.

The Nominations & Governance Committee (Committee) is a Board Committee which is reportable to the Members of the Powering Skills Organisation Ltd.

• The function of the Committee is to oversee the recruitment of both Appointed and Elected Directors and to make recommendations to the Members on the selection of Elected Directors to the Board in accordance with the Constitution of Powering Skills Organisation Ltd.
• The Committee is required to consult with the Department of Employment and Workplace Relations (DEWR) prior to making a recommendation to Members or the Board. DEWR needs to be satisfied that the nominee meets the eligibility requirements detailed in the Constitution, including independence (if applicable to relevant Director vacancy).

The People and Culture Committee (Committee) is a Board Committee of Powering Skills Organisation Ltd.

The purpose of the Committee is to support the Board in discharging its responsibilities for:

(a) the employment, performance, and development of the Chief Executive Officer; and

(b) the oversight of workplace culture, including staff engagement, values alignment, safety, and workforce retention.