Page 127 - Annual Report 2020

Skills matrix
The Board skills matrix identifies the skills and experience the Board needs for the next period of BHP’s development, considering BHP’s
circumstances and the changing external environment as referred to above.
Fewer Directors meet each of the skills and experience contained in the current matrix than in the matrix used prior to FY2019. This is Strategic Report
intentional to create a more diverse and well-rounded Board, but all Directors satisfy the overarching statement and hold the attributes
discussed above. The Board collectively meets all the skills and experience set out in the skills matrix, and the matrix below reflects the
Board composition as at 30 June 2020. For more information on the skills and attributes of the Directors, refer to section 2.2.1.
Skills and experience Board
Total Directors 12
2
Mining
Senior executive who has deep operating or technical mining experience with a large company operating in multiple countries;
successfully optimised and led a suite of large, global, complex operating assets that have delivered consistent and sustaining levels of
high performance (related to cost, returns and throughput); successfully led exploration projects with proven results and performance;
delivered large capital projects that have been successful in terms of performance and returns; and a proven record in terms of health,
safety and environmental performance and results. 4 Governance at BHP
Oil and gas
Senior executive who has deep technical and operational oil and gas experience with a large company operating in multiple countries;
successfully led production operations that have delivered consistent and sustaining levels of high performance (related to cost,
returns and throughput); successfully led exploration projects with proven results and performance; delivered large capital projects
that have been successful in terms of performance and returns; and a proven record in terms of health, safety and environmental
performance and results. 2

Global experience Remuneration Report
Global experience working in multiple geographies over an extended period of time, including a deep understanding of and
experience with global markets, and the macro-political and economic environment. 9
Strategy
Experience in enterprise-wide strategy development and implementation in industries with long cycles, and developing and leading
business transformation strategies. 11
Risk
Experience and deep understanding of systemic risk and monitoring risk management frameworks and controls, and the ability
to identify key emerging and existing risks to the organisation. 12 Directors’ Report
Commodity value chain expertise
End-to-end value or commodity chain experience – understanding of consumers, marketing demand drivers (including specific
geographic markets) and other aspects of commodity chain development. 8
Financial expertise
Extensive relevant experience in financial regulation and the capability to evaluate financial statements and understand key financial
drivers of the business, bringing a deep understanding of corporate finance, internal financial controls and experience probing the
adequacy of financial and risk controls. 12 (1)

Relevant public policy expertise
Extensive experience specifically and explicitly focused on public policy or regulatory matters, including ESG (in particular climate Financial Statements
change) and community issues, social responsibility and transformation, and economic issues. 4

Health, safety, environment and community
Extensive experience with complex workplace health, safety, environmental and community risks and frameworks. 8
Technology
Recent experience and expertise with the development, selection and implementation of leading and business transforming
technology and innovation, and responding to digital disruption. 4
Capital allocation and cost efficiency Additional information
Extensive direct experience gained through a senior executive role in capital allocation discipline, cost efficiency and cash flow,
with proven long-term performance. 10
(1) Twelve Directors meet the criteria of financial expertise outlined above. Two of these Directors also meet the criteria for recent and relevant financial experience
as outlined in the UK Code, competence in accounting and auditing as required by the UK FCA’s Disclosure and Transparency Rules in DTR7 and the audit committee
financial expert requirements under the US Securities and Exchange Commission Rules. Shareholder information

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