Speciality Metals International Limited Annual Report 2020

Speciality Metals International Limited Annual Report 2020 63 DIRECTORS’ DECLARATION Page | 64 The Directors of the Company declare that: 1. the Financial Statements, comprising the Statement of Profit or Loss and Other Comprehensive Income, Statement of Financial Position, Statement of Cash Flows, Statement of Changes in Equity and accompanying Notes, are in accordance with the Corporations Act 2001 and: a) comply with Accounting Standards, which, as stated in the accounting policy Note 1, to the financial statements, constitutes explicit and unreserved compliance with international Financial Reporting Standards (IFRS); and b) give a true and fair view of the financial position as at 30 June 2020 and of the performance for the year ended on that date of the company and consolidated group; 2. the directors have been given the declaration required by s.295A of the Corporations Act 2001 by the Interim Chief Executive Officer declaring that: a) the financial records of the company for the financial year have been properly maintained in accordance with s 286 of the Corporations Act 2001; b) the Financial Statements and notes for the financial year comply with Accounting Standards; and c) the Financial Statements and notes for the financial year give a true and fair view; and 3. in the Directors’ opinion there are reasonable grounds to believe that the Company will be able to pay its debts as and when they become due and payable. This declaration is made in accordance with the resolution of the Board of Directors. On behalf of the Board [insert signature] Oliver Kleinhempel Non-executive Chairman 28 September 2020 Directors’ Declaration