Management Structure: Our management is inclusive, fair, accessible, and has a well-established controls environment with a clear balance of power between the CEO, Executive Chairman, and the Board of Directors. Our Board of Directors is majority-independent and is committed to ensuring that corporate governance is an integral part of our company.
Equity Structure: We have one class of shares in our company – Ordinary shares. There are no special rights, no ratchets, no liquidation preferences, and no special voting agreements. All shares carry the same rights.
Executive Compensation: Our management team is paid at the bottom quartile of public companies in the FTSE250. As we continue to grow, we will be waiving bonuses and long-term incentive plans for founder management and we will continue our commitment to driving shareholder value with our policy of below-market compensation for founder management.
Employee Compensation: All our employees are shareholders in the company and are rewarded annually with salary increases and bonuses. Founder management has waived any future stock awards for themselves.