The Board of Directors and management of KTMR Group have long recognized the importance of corporate governance policies and practices that help ensure an environment of effective oversight, integrity, and strong accountability. Our business principles define our fundamental expectations for the way we should interact with our clients, manage our businesses and attract, retain and motivate our employees. The Board is currently comprised of four directors, four of which are considered independent, or are not officers or employees of the Company. There are three standing committees, all of which are completely independent. The committees are as follows: the Audit Committee, Nominating, Corporate Governance and Conflicts Committee and the Compensation Committee.