Corporate governance
Corporate governance at Endace encompasses the company's decision-making structures and the mechanisms used to manage the organisation. The role of the Board is to effectively represent, and promote the interests of, the shareholders of Endace, with a view to adding long-term value to Endace's shares.
This requires Endace, its directors and all of Endace's management to be committed to high standards of corporate governance and good business practice, which includes the following principles:
- To observe high standards of ethical and moral behaviour
- To promote ethical and responsible decision-making
- To act in the best interests of shareholders
- To recognise the legitimate interests of all stakeholders
- To encourage excellent performance
- To recognise and manage risk
- To remunerate fairly and responsibly
The board of directors of Endace has a comprehensive set of corporate governance practices and procedures in place to ensure that these responsibilities are met.
Procedures for the operation of the board, including the appointment and removal of directors, are governed by the company's constitution.
Board Charter
The board of Endace operates under a formal charter which covers the roles and responsibilities of the board and its committees. The Endace Board Charter is aligned with the provisions of the Combined Code on Corporate Governance appended to the Listing Rules of the UK Financial Services Authority ('Combined Code').
Audit Committee
The board's Audit Committee sets and monitors the company's accounting and reporting practices and its internal control and risk management environments.
Download the Audit Committee Terms of Reference
Remuneration Committee
The board's Remuneration Committee monitors senior executive performance and remuneration and share incentive schemes.
Download the Remuneration Committee Terms of Reference
Nominations Committee
The Nominations Committee is responsible for succession planning and for ensuring the right mix of skills and experience are represented on the board.