Cycliq has disclosed its values, code of conduct, whistleblower policy, and anti-bribery and corruption policy on its website, adhering to ethical and responsible business practices. The company also ensures that its board evaluates the performance of directors, senior executives, and the board itself annually. Cycliq does not have a Nomination Committee, Remuneration Committee, or Audit and Risk Committee due to its small board size, with these responsibilities currently carried out by the full board.
Material actions and disclosures
Cycliq has established a Corporate Code of Conduct that applies to all directors, senior executives, and employees. The company also has a whistleblower policy and an anti-bribery and corruption policy, both of which are available on its website. Cycliq does not have measurable objectives for achieving gender diversity due to its small workforce and does not believe it would be beneficial to set such objectives.
Forward commitments
Cycliq plans to establish an Audit and Risk Committee once it has four or more board members, ensuring compliance with governance standards. The company also aims to continue its annual performance evaluations of senior executives and directors.