Our approach
Strong governance, by design.
Altamira’s governance framework is built to protect shareholders and support disciplined, long-term decision-making. Our practices meet or exceed the corporate governance guidelines of National Instrument 58-101 and the Toronto Stock Exchange.
The board is majority-independent, chaired by an independent director separate from the CEO, and supported by four standing committees that oversee audit, compensation, governance and sustainability.
Board composition
Independent directors7 of 8
Independent chairYes
Separate Chair & CEOYes
Average tenure4.2 years
Gender diversity40%
Annual electionsYes
Board committees
Four standing committees.
Each committee operates under a written charter and is composed entirely of independent directors.
Audit Committee
Oversees financial reporting, internal controls, risk management and the relationship with the external auditor.
3 members · all independent
Human Resources & Compensation
Reviews executive compensation, incentive design, talent and succession planning.
3 members · all independent
Nominating & Corporate Governance
Leads board composition, director nominations, governance policies and board effectiveness.
3 members · all independent
Sustainability, Health, Safety & Environment
Oversees ESG strategy, safety performance, environmental stewardship and community relations.
4 members · all independent
Policies & charters
Governance documents.
Governance practices
How we hold ourselves to account.
✓Majority-independent board of directors
✓Independent board chair, separate from the CEO
✓Annual election of all directors
✓Majority voting for director elections
✓Annual say-on-pay advisory vote
✓Code of conduct for directors, officers and employees
✓Director and executive share-ownership guidelines
✓Regular board and committee self-evaluations