The Company is committed to the principles of good corporate governance and high ethical standards in business as articulated by the PMO Corporate Governance Council (“the PMOCGC”). The Company seeks to follow the best practice recommendations for listed companies to the extent that it is practicable. In cases where the Company determines it would be inappropriate to follow the principles because of its circumstances, the Company will provide reasons for not doing so in its Annual Report as contemplated by the PMOCGC