The key elements of the Risk Assurance approach include: – The Material Business Interruption Risk (MBIR) Program – This program of work was initiated by management to assess, through independent technical review, that subset of material risks that would be particularly disruptive or damaging to Newcrest in terms of production loss and financial impact and the Company’s reputation with regulators, customers, investors and host communities. – First line: in-field risk review and control deep dives – Overlaying the routine monitoring and verification by risk owners and control owners in the first line of defence is an increased level of deep-dive review conducted by senior management.