The Board of Directors of InflaRx sets high standards for the Company's employees, officers and directors including standards for sound corporate governance. The Company follows the procedures and standards that are set forth in these corporate governance documents. These will be modified from time to time as the Board deems appropriate or as required by laws and regulations.
The Purpose of this document is to assist the Board of Directors in fulfilling its oversight responsibilities for the financial reporting process, systems for internal control, the audit process, and the company's process for monitoring compliance with laws and regulations and the Code of Ethics.
The Committee is appointed by the Board of Directors to identify individuals qualified to potentially become Board members and to recommend to the Board the director nominees for the next annual meeting of shareholders, recommend to the Board corporate governance principles applicable to the Company and exercise and perform the authority, duties and responsibilities of the Committee set forth in this charter.
The purposes of the Compensation Committee are to oversee the performance of the Company's executives to assist the Board in discharging its responsibilities relating to compensation of the Company's executives and to administer the Corporation's equity incentive plans (other than any such plan applicable only to nonemployee directors).
This Code of Ethics has been adopted by our Board of Directors and summarizes the standards that must guide our actions. Although they cover a wide range of business practices and procedures, these standards cannot and do not cover every issue that may arise or every situation in which ethical decisions must be made, but rather set forth key guiding principles that represent Company policies and establish conditions for employment at the Company.
This is a translation into English of the official Dutch version of the articles of association of a public company with limited liability under Dutch law. Definitions included in Article 1 below appear in the English alphabetical order, but will appear in the Dutch alphabetical order in the official Dutch version. In the event of a conflict between the English and Dutch texts, the Dutch text shall prevail.