Independent Governance Assurance

Owner authority where capital exposure forms before it is visible

Most major capital projects exceed budget - not at completion, but earlier, where exposure forms before it is visible. Capital loss is created at that point. Owners remain accountable, but do not fully control delivery systems.

TacminMadini is engaged where confidence in capital, decisions, reporting or control begins to reduce and alignment is no longer clear. We operate where capital outcomes are determined - where decisions are made and commitments are formed, before positions become constrained and difficult to unwind.

As a result, capital exposure is understood before commitment, decisions remain defensible under pressure, and authority is preserved across complex delivery environments.

Exposure must be understood early for governance to remain effective:

Governance Decision Intelligence

enables that forward visibility

GDI operates within this model to provide independent, owner-level visibility of where capital exposure is forming - before it is committed, visible in reporting, or recoverable. It identifies where:

 capital exposure is forming prior to commitment

 decision pathways are tightening under pressure

 control is weaker than assumed

 alignment is diverging from approved intent

Trigger: Confidence in reporting, decisions or control is reducing, or exposure may be forming ahead of commitment.

When governance pressure is applied

Before commitment

Where capital decisions must remain defensible prior to approval and commitment.

Capital Decision Assurance

During delivery & operations

Where delivery complexity reduces visibility, control and alignment.

Delivery Control Assurance

Where value is contested

Where commercial position, contracts and authority are under pressure.

Commercial Position Assurance

Where we are engaged

 Capital exposure is significant ($100m - multi-billion)

 Decision accountability cannot be transferred

 Delivery complexity reduces visibility and control

 Governance pressure increases at COO, executive or board level

 Reporting does not reflect actual exposure

Where we act

We work directly with owners, project leaders, COO's, executives and boards to:

 Prevent cost blowouts & protect capital from emerging exposure

 Ensure major decisions stand up commercially & technically

 Maintain control across complex delivery environments

 Strengthen sustainable long-term asset performance & value

Applied through structured governance assurance mandates across projects, portfolios and asset lifecycles.

How we operate

Governance assurance is applied through structured owner mandates across projects, portfolios and asset lifecycles - ensuring capital outcomes remain controlled where they are determined - not where they are reported

Independent visibility

Independent insight identifying emerging exposure and governance gaps

Assurance mandates

Applied under owner authority to ensure decisions and exposure remain controlled and defensible

Targeted intervention

Direct involvement where visibility, control or accountability requires strengthening

Independence matters

 No delivery conflict of interest

 No alignment with execution contractors

 No alignment with engineers or EPCM firms

 No dependency on project outcomes

Aligned solely to the owner’s capital, decisions and accountability.

Where we operate

Applied across major capital assets and portfolios in:

 Mining and minerals

 Infrastructure and transport

 Industrial and processing

 Land and developments

Governance & ESG alignment

TacminMadini operates in the governance layer of capital programs - where decisions are made under real exposure. We operate consistently with ISO 37000 and AS 8000 principles - applied where capital exposure forms, decisions are made, and governance is tested under real conditions.

Early visibility anchors governance and ESG commitments in controlled, transparent pathways.

Grounded in Capital Experience

Grounded in over three decades of capital experience across Tier 1 and Tier 2 environments, where governance has direct financial and operational consequence.

Engagements are initiated through focused mandates aligned to immediate areas of capital exposure, decision pressure or loss of visibility.

Engage where certainty matters

Independent governance assurance across complex capital assets and portfolios - where accountability, value and legacy remain with ownership.