Corporate Governance Statement

At First Marina Trust, we are committed to upholding the highest standards of corporate governance to ensure transparency, accountability, and integrity in all aspects of our operations. Our corporate governance framework is designed to promote the interests of all stakeholders, including shareholders, customers, employees, and the wider community.

1. Board of Directors Oversight: Our Board of Directors provides strategic guidance and oversight, ensuring that management operates in the best interests of the company and its stakeholders. The board is composed of experienced individuals with diverse backgrounds and skills, who are committed to upholding our values and guiding principles.
2. Ethical Conduct and Compliance: We adhere to strict ethical standards and legal compliance in all our business activities. Our Code of Conduct outlines the principles and behaviors expected of all employees, fostering a culture of integrity and ethical decision-making throughout the organization.
3. Risk Management and Internal Controls: We have robust risk management processes and internal controls in place to identify, assess, and mitigate risks effectively. Our risk management framework is designed to safeguard the interests of stakeholders and protect the long-term sustainability of the company.
4. Transparency and Disclosure: We believe in transparent communication and disclosure of relevant information to stakeholders. We provide timely and accurate financial reporting, as well as comprehensive disclosures on corporate governance practices, ensuring transparency and accountability.
5. Shareholder Engagement: We actively engage with our shareholders to understand their perspectives and concerns, fostering constructive dialogue and enhancing shareholder value. We respect shareholders’ rights and interests, seeking to align our actions with their expectations.
6. Corporate Social Responsibility: We integrate environmental, social, and governance (ESG) considerations into our business strategy and decision-making processes. We recognize our responsibility to contribute positively to society and the environment, promoting sustainable practices and social impact initiatives.
7. Continuous Improvement: We are committed to continuous improvement in our corporate governance practices, regularly reviewing and updating our policies and procedures to reflect evolving best practices and stakeholder expectations. We welcome feedback and input from stakeholders to strengthen our governance framework.

By adhering to these principles of corporate governance, First Marina Trust Finance Company Ltd. reaffirms its commitment to ethical conduct, transparency, and accountability, fostering trust and confidence among stakeholders and contributing to the long-term success of the company.