Independent Board Director: Governance & Strategy

Tourmaline’s Board of Directors is dedicated to actively supporting the company’s strategy by upholding the highest standards of corporate governance and fulfilling its duties of stewardship and accountability.

The Board’s oversight responsibilities include strategic planning, risk management, communication with investors and stakeholders, and maintaining high standards of business conduct. The Board also oversees the selection, monitoring, and evaluation of executive leadership, ensuring management’s decisions align with long-term shareholder interests.

Tourmaline’s Board consists of 10 directors, including 8 independent members. The Lead Director is an independent director and is separate from the CEO role. All Board committees are composed entirely of independent directors.

The Board has established several committees to assist in its duties: the Audit Committee, Reserves Committee, Compensation Committee, Corporate Governance and Nominating Committee, and Environment, Sustainability and Safety Committee. All committees are made up entirely of independent directors and report directly to the Board.

Ethical business practices are fundamental to Tourmaline’s operations, ensuring that we conduct business in a safe, fair, respectful, and lawful manner. Below are our Code of Conduct and key policies.