Corporate Governance

Corplease has a well-defined and well-structured corporate governance framework in place to support the board's aim of achieving long term and sustainable value and it is important that this is supported by the right culture, values and behaviors both at the top and throughout the entire organization. In fulfilling its duties, the Board and its members oversee the corporate governance of CORPLEASE, oversee and advise management in developing our financial and business goals, and evaluate management's performance in pursuing and achieving those goals.

Board of Directors

The Board's principal duty is to create and deliver sustainable shareholder value through setting CORPLEASE' strategy and overseeing its implementation. We pay due regard to matters affecting CORPLEASE' future, and the impact decisions could have on our stakeholders..

The board is responsible to shareholders for creating and delivering sustainable shareholder value through the management of the Company's businesses. It therefore determines the strategic objectives and policies of the Company to deliver such long-term value, providing overall strategic direction within a framework of rewards, incentives and controls. The board ensures that management strikes an appropriate balance between promoting long-term growth and delivering short-term objectives. The board demonstrates ethical leadership and promotes the company's collective vision of the company's purpose, values, culture and behaviors.

Board Committees

Certain responsibilities are delegated to CorpLease Board Committees, which assist the Board in carrying out functions and provide independent insight of internal control and risk management. The Chairman of each Board Committee reports to the Board on the matters discussed at committee meetings.

Code of Business Conduct

The Code of Business Conduct provides guidance about business behavior expected of the CORPLEASE staff as we work and interact with fellow employees, customers, suppliers, and other stakeholders. Many of the policies in this code are based on various laws and regulations. Others are based on business and ethical principles that enhance our ability to conduct our business effectively

Disclosure and Transparency

CORPLEASE clarifies and make publicly known the roles and responsibilities of board and management to provide shareholders with a level of accountability. CORPLEASE also implemented procedures to independently verify and safeguard the integrity of the company's financial reporting. Disclosure of material matters concerning the company should be timely and balanced to ensure that all investors have access to clear, factual information.