Pharming recognises the importance of clear and transparent regulations in respect of corporate governance for the confidence of investors in its policies and strategy.
The Company makes every effort to comply with the Dutch Corporate Governance Code. Where this is not possible, exceptions to the Code are explained in full in its annual report according to the ‘comply or explain’ rule. The Company is continuously increasing its efforts to improve its compliance with the Code.
Pharming has a one-tier board structure. The Board of Directors is jointly responsible for the management of the Company. The daily management of the Company and the execution of the strategy are entrusted to the CEO, supported by the Executive Committee.
Pharming has in place adequate internal controls for the management of the Company and the risks inherent in the industry.
More detailed information with respect to corporate governance can be found in the Corporate Governance chapter of the Annual Reports and in the following documentation: