The Board of Directors, Officers and Senior Management

The Board of Directors is responsible for overseeing management of the Company, determining corporate strategy and approving all major acquisitions, financings and other significant corporate actions. Management is responsible for the Company’s day-to-day operations, proposing its strategic direction and presenting budgets to the Board and implementing the strategy approved by the Board.

The Board of Directors has established a Board of Directors Charter which sets out how the Board will function. At this time, the Board has an Audit Committee, a Compensation Committee, a Governance and Nominating Committee and a Health, Safety and Environment Committee, each of which has its own mandate in order to carry out its responsibilities in an efficient manner. Each committee provides recommendations and files its minutes with the Board.

 

Additional information is available in the Charters below:

Our Commitment to Professionalism and Integrity and a Commitment to Communicate with our Shareholders

All of our activities must at all times be carried out in a professional and fair way in compliance with all rules and regulations. Our commitment to ensuring the professionalism and integrity of all of our activities is set out in more detail in our Code of Conduct.

It is imperative that we communicate to all of our shareholders on a timely basis and that all of our shareholders have access to information as soon as it becomes available. Our procedures for communicating information to our shareholders are set out in our Corporate Disclosure Policy.

​We are also committed to ensuring that all shareholders are treated fairly and ensuring that at no time do those with inside information benefit from this information. We have established Insider Trading Rules to ensure that our directors, officers, employees and consultants are aware of their responsibility to ensure that they do not benefit from access to insider information.

Forsys is committed to integrity and ethical behavior by helping to foster and maintain an environment where employees can act appropriately, without fear of retaliation and has established a Whistleblower Policy. Employees are strongly encouraged to discuss with supervisors, managers or other appropriate personnel, when in doubt, about the best and ethical course of action in a particular situation.