Corporate Governance

PlexBio Corporate Governance

PlexBio Corporate Governance encompasses the entire system of managing and supervising the enterprise. The Board of Directors and the Executive management team of PlexBio are committed to a responsible and transparent style of management and supervision aimed at increasing the company’s value over the long term.

Duties and Activities of the Executive Management Team

PlexBio places great importance on its corporate governance. The Executive Management team is responsible for delegated tasks in accordance with the Company Policy and Corporate Governance Code. The Executive Management team runs the day-to-day activities of the company with the goal of sustainably increasing value and achieving defined corporate objectives.

Board of Directors: Oversight and Direction

The Board of Directors has overall responsibility for the company, including approving and overseeing the implementation of strategic objectives, risk strategy, corporate governance and corporate values. The Board is also responsible for providing oversight of the PlexBio’s senior management including the CEO.

Internal Control Procedures

PlexBio has established internal management control system in accordance with the “Regulations Governing Establishment of Internal Control Systems by Public Companies” and the applicable laws and regulations. In addition, PlexBio operates according to the risk management policy and the implementation of risk assessment.

Corporate Social Responsibility

In order to drive change towards sustainability, PlexBio addresses various topics with respect to Corporate Social Responsibility (CSR). Topics such as corporate governance, health and safety, environmental effects, working conditions and contribution to economic development are part of the CSR framework. PlexBio is committed to actions that have benefit and positive impact on the society and the environment.