Board Charter
The Board of Directors Charter explicitly outlines the governance and oversight duties of the directors, specifying their roles, responsibilities, and authorities within the company. It includes provisions on board composition, board committees, and board governance, all in accordance with the corporation's articles of incorporation, by-laws, and applicable laws.
Manual on Corporate Governance
The HI Corporate Governance Manual formalizes principles of good corporate governance, defines the Company's compliance system, and outlines the responsibilities of the Board of Directors. It details policies on disclosure and transparency, and mandates communication and training programs on corporate governance. Additionally, it protects shareholder rights and the interests of minority stockholders. The Manual was last updated on June 9, 2022.
Code of Business Conduct and Ethics
Directors, officers, and employees must conduct all dealings in the best interest of House of Investments, adhering to the highest legal and ethical standards. Everyone is required to observe the company's core values, norms, and the policies outlined in the Code in all business activities and future endeavors.
Commitee Charters
A Committee Charter outlines the purpose, objectives, and responsibilities of a committee, providing a clear framework for its operations. It typically includes details about the committee's composition, authority, and decision-making process. By defining these elements, the charter ensures alignment with organizational goals and facilitates effective governance.
Integrated Annual Corporate Governance Report
The Integrated Annual Corporate Governance Report (I-ACGR) is a comprehensive disclosure tool, detailing compliance with the Securities and Exchange Commission's Corporate Governance Code for publicly-listed companies. The report provides key information on the Company's corporate governance policies, practices, initiatives, and activities.
Company Policies
Anti-Bribery and Anti-Corruption Policy
The Company commits to the highest standards of integrity as outlined in its core values. Company employees must avoid actions that could harm the Company's integrity and reputation, acting honorably in all dealings with stakeholders and upholding the principle of doing the right thing, even when unobserved.
This Policy aims to uphold ethical and responsible business conduct, preventing bribery and corruption. It aligns with the Company's Code of Business Conduct, Conflict of Interest Policy, and Whistleblowing Policy, covering all employees, agents, and representatives.
Board Diversity Policy
The Company acknowledges the importance of a diverse Board in ensuring effective corporate governance, achieving strategic objectives, and fostering sustainable growth.
The Board Diversity Policy outlines the continuous approach to achieving fostering diversity within the Board of Directors. The Board, led by the Chairman, encourages our shareholders to nominate candidates who will diversify membership in the Board. When determining the composition of the Board, diversity will be considered across various aspect, including but not limited to gender, age, disability, ethnicity, nationality, political, religious, or cultural backgrounds, sexual orientation, skills, competencies, knowledge, experience, length of service of directors, and adherence to regulatory rules and regulations.
Conflict of Interest Policy
The Policy is designed to prevent situations where an employee's personal interests might interfere with their professional responsibilities and the company's interests. It emphasizes transparency and trust, outlines potential conflicts, and provides guidelines for resolving them to ensure that the company's objectives are not compromised.
Enterprise Risk Management
House of Investments, Inc. employs a comprehensive Enterprise Risk Management (ERM) framework to identify, assess, and mitigate risks across the organization. This holistic approach ensures that potential risks are managed proactively, safeguarding the company's operations, reputation, and strategic objectives. By fostering a strong risk culture and aligning risk management with organizational goals, House of Investments aims to enhance decision-making and ensure business continuity.
Related Party Transactions Policy
The Company shall conduct all Related Party Transactions (RPTs) on an arm's length basis, ensuring fair and reasonable terms and conditions no less favorable than those available to unrelated third parties under similar circumstances.
The purpose of this Policy is to safeguard the Company from conflicts of interest and formalizes our commitment to safeguarding our shareholders, including minority shareholders, and all stakeholders from abusive RPTs. This is achieved by establishing proper procedures for the review, approval, and reporting of transactions involving the Company, its subsidiaries, associates, affiliates, joint ventures, directors, and officers.
This Policy encompasses the review, approval, and reporting of such transactions and provides general guidelines for managing MRPTs.
Policies on Employees Health, Safety and Welfare
Aligned with its mission and vision, House of Investments aims to be an employer of choice by ensuring the health, safety, and welfare of its employees. The Company has implemented policies and programs to promote a safe and healthy work environment, inclusive of all cultures, and to foster employee development and growth.
Whistleblowing Policy
The Company has established a robust framework for whistleblowing, ensuring its enforcement. This framework allows employees and stakeholders to freely communicate concerns and complaints, including illegal or unethical practices, without fear of retaliation. Additionally, it provides direct access to an independent Board member or a designated unit for handling whistleblowing concerns.
Insider Trading Policy
This Policy provides guidelines for compliance with the Securities Regulation Code, particularly regarding fraud, manipulation, and insider trading prohibitions. It aims to maintain stakeholder trust by upholding the Company's reputation for integrity and ethical conduct.
Directors and officers must disclose their dealings in company shares immediately or within three (3) business days of the transaction.