The Board is responsible for all investment decisions in relation to the portfolio. It is made up of experienced
investment and business professionals. Directors shall at all times:

• Preserve the confidence of Shareholders.
• Adopt an irreproachable code of conduct towards Shareholders, fellow Board members, suppliers, staff and others with whom they have dealings.
• Not knowingly countenance any attempt to manipulate the market, nor to influence persons for such a purpose.
• Conduct their activities strictly in the Company’s interest; and
• Endeavour to maintain the highest standard of conduct and procedures in the management of the Company.

The reputation of the Company is of paramount importance and must be preserved at all times.