CORPORATE GOVERNANANCE

Melkior is committed to running the company in a responsible manner; to promote success while managing risk. The executive team in cooperation with The Board exercise such judgement for decisions on behalf of the company while taking into consideration the point of views from shareholders and other stakeholders. Melkior considers corporate governance to be more than following a standard code of practices; it involves decision making with a mindset to do what is right and ethical. Good corporate governance also stems from a diverse, like-minded and experienced Board who have unified definitions of success and balanced strategies for risk management. On a regular basis, The Board will constructively challenge the executive team on the creation and development of business strategy, as well as on evaluation of business goals.