Our Board of Directors has a collective responsibility to shareholders for the sustainable long-term success of Vectura. We believe that a strong and balanced corporate governance framework is the foundation of a successful organisation. We adhere to the principles-based approach set out in the UK Corporate Governance Code, whilst recognising that our governance structure must be appropriately tailored to suit the needs of our business.
The Corporate Governance report for the year ended 31 March 2016 can be found on pages 51-61 of our Annual Report and Accounts 2015/16. The Directors consider that we comply fully with the UK Corporate Governance Code published by the Financial Reporting Council.