UK: +44 (0)1869 353 830 | US: +1 (713) 677-3504|info@hardide.com HOME ABOUT US COATINGS TECHNICAL INDUSTRIES INVESTORS NEWS CONTACT CORPORATE GOVERNANCE INVESTOR RELATIONS SHARE PRICE REGULATORY NEWS RNS EMAIL ALERTS REPORTS, DOCUMENTS AND PRESENTATIONS RESEARCH NOTES BOARD OF DIRECTORS ADVISERS BUSINESS DESCRIPTION CORPORATE GOVERNANCE FINANCIAL CALENDAR AIM SECURITIES AND SIGNIFICANT SHAREHOLDERS AIM RULE 26 SHAREHOLDER CONTACT The Company adopted formally the Quoted Companies Alliance’s (QCA) Corporate Governance Code for small and mid-size quoted companies (the “Code”) on 17th August 2018. It is the policy of the Board to comply with the Code wherever it is practicable to do so. The Code was revised in April 2018 and sets out 10 broad principles of corporate governance, states what are considered to be appropriate corporate governance arrangements for growing companies and requires companies to provide an explanation about how they are meeting the principles through certain prescribed disclosures. Hardide’s full Corporate Governance Statement the (‘Statement’) is published on this website. Below are the key points from that Statement that the QCA guidelines require to be set out separately on the Company’s website. Out of the 10 principles, this is required for principle 2, 3, 7, 8, 9 and 10; together. The Statement has more detail on each principle and the linkages between them, as well as setting out more of the reasoning for the Company’s governance rules. The Board has considered how each principle is applied and provides below an explanation of the approach taken in relation to each and how they support the Company’s medium to long-term success. The Board considers that the only area where the Company does not fully comply with the Code is principle 7. This is in respect of a formal evaluation process for the board. Instead, the sets of skills and experience required individually of directors and collectively of the Board are identified systematically, and any shortcomings addressed. This process takes place at least annually. Compliance with the Code was last reviewed on 15th March 2021. Principles of Corporate Governance Principle 1: Establish a strategy and business model which promote long-term value for shareholders Principle 2: Seek to understand and meet shareholder needs and expectations Principle 3: Take into account wider stakeholder and social responsibilities and their implications for long-term success Principle 4: Embed effective risk management, considering both opportunities and threats, throughout the organisation Principle 5: Maintain the Board as a well-functioning, balanced team led by the Chair Principle 6: Ensure that between them the directors have the necessary up-to-date experience, skills and capabilities Principle 7: Evaluate Board performance based on clear and relevant objectives, seeking continuous improvement Principle 8: Promote a culture that is based on ethical values and behaviours Principle 9: Maintain governance structures and processes that are fit for purpose and support good decision-making by the Board Principle 10: Communicate how the Company is governed and is performing by maintaining a dialogue with shareholders and other relevant stakeholders ACCREDITATIONS HARDIDE COATINGS Hardide Coatings is the leading global innovator and provider of advanced tungsten carbide/tungsten metal matrix composite coatings. Our coatings significantly increase the life of critical metal parts operating in abrasive, erosive, corrosive and chemically aggressive environments. Hardide Coatings’ headquarters and UK manufacturing facility is established in Bicester, Oxfordshire serving customers around the world. The company also operates a coatings facility in Martinsville, Virginia, USA which processes parts for customers in North America. Hardide Coatings Ltd is incorporated as a company in England and Wales. Company number: 04055277 Hardide plc is incorporated as a company in England and Wales. Company number: 5344714 Hardide plc has been listed on the London Stock Exchange’s Alternative Investment Market (AIM: HDD) since 2005. CONTACT US HEADQUARTERS HARDIDE COATINGS LTD 9 Longlands Road, Bicester, Oxfordshire OX26 5AH UK HARDIDE COATINGS, INC. 444 Hollie Drive, Martinsville VA 24112 USA GENERAL ENQUIRIES +44 (0)1869 353 830 NORTH AMERICA SALES +1 (713) 677-3504 GENERAL & SALES ENQUIRIES info@hardide.com © 2021 Hardide plc | All Rights Reserved | Privacy Policy | Terms & Conditions | Website by Veucom We assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT → Contact Us Contact Form I agree to the terms and conditions and privacy policy and to the company contacting me about this enquiy. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. * +44 (0)1869 353 830 Email Us