As a publicly-listed corporation, iRemit is fully committed to the principles of good corporate governance - transparency, accountability, fairness, and responsibility. It practices prudence in reporting financial and non- financial information about its activities and is fully transparent in its manner of conducting business with its customers, investors, staff, and all its other stakeholders. The basic foundation and framework for corporate governance is contained in its Articles of Incorporation and its By-Laws and in their subsequent amendments.

In 2007, the Company reinforced its commitment to good governance practices with the adoption of its Manual on Corporate Governance.

As a publicly-listed corporation, iRemit is fully committed to the principles of good corporate governance - transparency, accountability, fairness, and responsibility. It practices prudence in reporting financial and non- financial information about its activities and is fully transparent in its manner of conducting business with its customers, investors, staff, and all its other stakeholders.

The basic foundation and framework for corporate governance is contained in its Articles of Incorporation and its By-Laws and in their subsequent amendments. In 2007, the Company reinforced its commitment to good governance practices with the adoption of its Manual on Corporate Governance. The manual provides the framework for governance and clearly prescribes specific guidelines and defines the specific responsibilities of the Board and the Board Committees, and provides the principles for the protection of the rights of its shareholders. The iRemit Board is composed of individuals who have the necessary expertise, background, and professional experience to set the overall corporate direction and exercise supervision and oversight functions to ensure that the Company is effectively and appropriately managed. In pursuit of the principles of good governance, the Board of Directors establishes the vision, strategic direction, key objectives, and the major policies and procedures for the management of the Company. The Board ensures that the internal control mechanisms are in place and adequate for good governance.