{"id":221,"date":"2021-09-24T17:50:21","date_gmt":"2021-09-24T17:50:21","guid":{"rendered":"https:\/\/www.strlco.com\/?page_id=221"},"modified":"2022-12-16T16:24:58","modified_gmt":"2022-12-16T21:24:58","slug":"corporate-governance","status":"publish","type":"page","link":"https:\/\/www.strlco.com\/investor-relations\/corporate-governance\/","title":{"rendered":"Corporate Governance"},"content":{"rendered":"
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Sterling\u2019s ethics and compliance program involves leadership and oversight. Sterling\u2019s Board is committed to maintaining an effective ethics compliance program. The Board has delegated oversight to the Audit Committee and has delegated executive oversight to Sterling\u2019s Chief Compliance Officer. A Compliance Report is presented to the Audit Committee at least quarterly to provide updates on processes to ensure compliance with the program.<\/p>\n
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Our company-wide commitment to ethical business practices is a result of strong ethical leadership coupled with individual ethical standards of each of our employees. Sterling\u2019s Board adopted the Code of Business Conduct (the \u201cCode\u201d), which applies to all directors, officers and employees, and all business partners, including owners, joint venture partners, suppliers, subcontractors, and all other parties acting as representatives or agents of Sterling and its subsidiaries.<\/p>\n
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The following Board Governance Guidelines (the \u201cGuidelines\u201d) have been adopted by the Board of Directors to provide a structure within which the Board can effectively represent the stockholders and pursue the Company\u2019s objectives for the benefit of its stockholders, employees, customers and other stakeholders.<\/p>\n
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The purpose of the Audit Committee\u00a0 is to oversee the accounting and financial reporting processes of Sterling Infrastructure, Inc. The company and the audits of the financial statements of the Company, and to assist the Board of Directors of the Company in fulfilling the Board\u2019s oversight responsibilities.<\/p>\n
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The purpose of the Compensation and Talent Development Committee is to assist the Board of Directors (the \u201cBoard\u201d) of Sterling Infrastructure, Inc. in fulfilling the Board\u2019s oversight responsibilities by (1) discharging the Board\u2019s responsibilities relating to compensation of the Company\u2019s executive officers, (2) overseeing the form and amount of director compensation, (3) overseeing the administration of the Company\u2019s equity incentive and executive compensation programs.<\/span><\/p>\n [\/vc_column_text]