Hardide’s full Corporate Governance Statement the (‘Statement’) is published on this website. Below are the key points from that Statement that the QCA guidelines require to be set out separately on the Company’s website. Out of the 10 principles, this is required for principle 2, 3, 7, 8, 9 and 10; together. The Statement has more detail on each principle and the linkages between them, as well as setting out more of the reasoning for the Company’s governance rules.
The Board has considered how each principle is applied and provides below an explanation of the approach taken in relation to each and how they support the Company’s medium to long-term success.
The Board considers that the only area where the Company currently does not fully comply with the Code is principle 7. This is in respect of a formal evaluation process for the Board. However, the Chair intends to lead a Board evaluation process during the financial year 2022-23.
Compliance with the Code was last reviewed on 3rd November 2023.