Corporate Governance Statement  Macquarie’s approach to Corporate  Governance Macquarie’s approach to governance, which has remained  largely consistent over time, is to:  Macquarie recognises that a key factor in delivering long  term shareholder returns is providing superior services to  clients. Macquarie recruits high quality staff and expects  staff to uphold the company’s Goals and Values. Macquarie Group Limited (Macquarie) is a global financial  services provider and its shares are listed on the Australian  Securities Exchange (ASX). As an ASX-listed company,  Macquarie is required to report on the extent to which the  company has followed the governance recommendations of  the ASX Corporate Governance Council (ASX  Recommendations) during the reporting period. Macquarie's  corporate governance remains consistent with the ASX  Recommendations. A summary of the ASX  Recommendations and reference to the applicable  Macquarie governance practice is available on Macquarie’s  website at macquarie.com.au  Macquarie as a non-operating holding company of a  licensed Australian bank, Macquarie Bank Limited  (Macquarie Bank), is regulated by the Australian Prudential  Regulation Authority (APRA). APRA’s prudential standards  include governance requirements. Macquarie also has  subsidiaries that are supervised by regulators in the overseas  jurisdictions in which they operate. The notes to Macquarie’s  financial statements include a list of material subsidiaries of  the company.  Macquarie's corporate governance framework continues to  evolve to respond to regulatory changes in the global  markets in which it operates. – promote the long term profitability of Macquarie while  prudently managing risk  – drive superior and sustainable shareholder value over  the long term through the alignment of the interests of  shareholders and staff  – meet stakeholder expectations of sound corporate  governance as part of Macquarie’s broader  responsibility to clients, shareholders, investors and  the communities in which it operates.  Corporate Governance framework 3 