Providing Insurance of officers

Insurance of officers
During the period, NEXTDC Limited paid a premium of
$1,581,000 (FY19: $809,500) to insure the Directors and
officers of the Group.
The liabilities insured include legal costs that may be
incurred in defending civil or criminal proceedings that
may be brought against individuals in their capacity as
officers of entities in the Group and any other liabilities or
amounts sought against them in connection with such
proceedings. This does not include liabilities that arise
from conduct involving a wilful breach of duty by the
officers or the improper use by the officers of their position
or of information to gain advantage for themselves or
someone else or to cause detriment to the Group. The
Directors & Officers Liability insurance also covers security
claims against the company itself. It is not possible to
apportion the premium between amounts relating to the
insurance against legal costs to defend the o

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