The Media Outlet has been independently certified according to the JTI Programme and CWA 17493:2019.

Certified by

Deloitte

Date of certification

20/11/2024

Contact details

477 Collins Street
3000 Melbourne
Australia

Media Outlet ARIJ Legal Entity Fonden ARIJ International Date of first publication 03/07/2023 Date of Latest Change 20/11/2024

4. Disclosure of Type of Ownership

4.1. Privately held

The Media Outlet shall declare its legal status clarifying what type of company it is registered as. For example, if it is a limited or incorporated company. It should use the legal definition used in its country of registration and provide the relevant registration information.

Is the Media Outlet or the Legal Entity privately owned?

4.2. State or Publicly owned

The Media Outlet shall state clearly if it is fully or partly owned by the government, a state institution, or other public body, providing information on the specific department, entity, or body that exercises that ownership and its relationship with the government.

Is the Media Outlet or the Legal Entity owned by the state, a unit of the government or any other public entity?

4.3. Publicly Traded Company

The Media Outlet shall indicate if it is a publicly traded company and where it is legally registered and where its shares are traded. The company shall also provide its share name and indicate what proportion of its ownership is publicly traded.

Is the Media Outlet or the Legal Entity publicly traded?

4.4. Other

If the ownership of the Media Outlet is different from the above, for example if the organisation is a co-operative or member-owned, the Media Outlet shall indicate its form of ownership and provide links to local legal definitions of the type of ownership. If the ownership of the Media Outlet is made up of a combination of the above types of ownership, then it shall provide a breakdown of the ownership indicating clearly which share is which ownership type.

Is the ownership of the Media Outlet or the Legal Entity different from the three previous clauses in this section? For example, is it a co-operative or member-owned?

Yes

What is the form of ownership?

ARIJ is a foundation governed by its Board of Directors.

If there is a combination, explain that here along with a breakdown by ownership type.

The foundation is managed by a Board of Directors consisting of seven main members. Board members are generally appointed for 4 years at a time from January 1st to December 31st. To ensure the continuity of its operation, the Board is divided so that three or four members are elected every second year. The Board is deemed self-elective.

The Board convenes bi-annually to discuss strategic matters of the organisation and its governance in addition to having an oversight of the overall progress of work and activities. Decisions by the board require a simple majority. In the event of parity, the Chairperson will have the casting vote.

A formal Terms of Reference of Board has been developed, clearly identifying board composition, duties, frequency of meetings and matters reserved for the board to discuss and approve.

In addition to the Board, there are two sub-committees of the Board, Editorial Committee and Financial/Fundraising committee, who are responsible for providing detailed directions to the respective management and supporting board to discharge its responsibilities. These committees meet on an ad hoc basis. The Board composition should consider having expertise from the following:

- Finance
- Management
- Investigative Journalism
- Business Operations
- Law
- Fundraising

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