The Directors intend, so far as appropriate given the Company’s size and the constitution of the Board, to comply with the UK Corporate Governance Code. At this time, however, the Board comprises two members, none of whom is a full time executive, and there are no employees other than the Directors. When the Company’s business has developed sufficiently, the Directors intend to establish an audit committee and a remuneration committee comprising a majority of non-executive directors.

The company has a defined investment strategy aimed at creating value for shareholders. The Company has a list of advisers that it is utilising to execute its strategy.