AVANIR Pharmaceuticals is committed to operating with integrity and honesty, and in accordance with the law. To achieve these principles, the Board of Directors of AVANIR maintains four operating committees: the Audit Committee, Compensation Committee, Corporate Governance Committee and the Executive Committee. Three of AVANIR’s committees, Audit, Compensation and Corporate Governance, have their own individual charters. The Executive Committee has all the authority of the Board, except as set forth in the California Corporations Code, and acts when the Board is not in session. We also have a Code of Business Conduct and Ethics and a set of Corporate Governance Guidelines that provide a framework for corporate governance at AVANIR.
We believe that our Board of Directors and committees, led by a group of strong and independent directors, provide the necessary leadership, wisdom, and experience that the Company needs in making good business decisions. Our Code of Business Conduct and Ethics helps clarify the operating standards and ethics that we expect of all of our officers, directors and employees in making and implementing those decisions. In furthering our commitment to these principles, we invite you to review our corporate governance materials through the links that are provided below.