STANDARDS OF BUSINESS CONDUCT
Click here to download the Standards of Business Conduct
On June 23, 2023, the Board of Directors of 海角社区apporation (the 鈥淐ompany鈥�) amended and restated the Company鈥檚 Standards of Business Conduct (鈥淪OBC鈥�). Certain provisions of the SOBC were reorganized or reworded to improve clarity and readability, or updated to provide additional resources or guidance (e.g., by updating references to specific Company policies or resources that may be relevant).
Substantive amendments reflect the following:
- Enhanced and clarified the discussion of the responsibilities applicable to the Company鈥檚 directors, officers and employees under the SOBC;
- Clarified the description of the Company鈥檚 rights with respect to content contained in Company systems; and
- Added additional details regarding the Company鈥檚 insider trading policy, including clarifications as to the definition of insider trading and discussion of when an employee (including all directors and officers) of the Company may begin trading following the dissemination of material, non-public information about the Company or another company to align with the terms of the insider trading policy.
The above is only a summary of changes to the SOBC. Please refer to the full text of the SOBC, which is available by clicking the link above.