As a company listed on AIM, the Group is subject to the AIM Rules for Companies, however the Group is not required to comply with the UK Corporate Governance Code (the Code). The Board believes that effective corporate governance will assist the delivery of the corporate strategy, the generation of shareholder value and protect the shareholders’ long-term interests.

Clinigen values corporate governance highly, not only in the boardroom but across the whole business. The Board, as a matter of good practice, aims to manage the Group in accordance with guidance contained in the Code, as applicable, in addition to complying with the AIM Rules for Companies. The following section outlines how the Board manages the Groups governance.