Chairman's Corporate Governance Statement
The Directors of Amiad Water Systems Ltd. (the “Company”) recognize the importance of high standards of good corporate governance and have chosen to adopt the Quoted Companies Alliance Corporate Governance Code (the “QCA Code”), in line with the London Stock Exchange’s recent changes to the AIM Rules requiring all AIM-listed companies to adopt and comply with a recognized corporate governance code, as the basis of the Company’s governance framework.
The Board believes that good corporate governance reduces risks within the business, promotes confidence and trust amongst its stakeholders and is an important part of the effectiveness and efficiency of the Company’s management framework.
The QCA Code includes ten broad principles which the Company will strive to implement in order to deliver growth to its shareholders in the medium and long-term. To see, in broad terms, how the Company complies with the principles of the QCA Code at this point in time, please refer to the table below. Further updates on the Company’s compliance with the QCA Code will be provided on an annual basis and in the Company’s next annual report. The QCA Code can be found on the QCA’s website: www.theqca.com.
Yariv Avisar, Chairman
This disclosure was last reviewed and updated on July 16, 2019
THE PRINCIPLES OF THE QUOTED COMPANY ALLIANCE (“QCA”) CODE DELIVER GROWTH
MAINTAIN A DYNAMIC MANAGEMENT FRAMEWORK