Erdene is committed to promoting ethical conduct in the operation of its business. The company understands that effective governance practices must be embedded in the culture and operations of the company. This philosophy is captured in written policies and procedures, which play an integral role in ensuring Erdene maintains its standards. These policies and procedures have been adopted by the Board of Directors, and are intended to ensure the integrity of company performance. Erdene’s officers and employees are required to perform each of their duties with integrity, and in compliance with the rules which govern the company’s business.

The following describes the company’s system of corporate governance.