Corporate Governance

Proud Developments from Palau to the World

Corporate governance refers to the mechanisms and rules that ensure a company is managed properly and efficiently. It aims to prevent unilateral decisions by management, enhance corporate value, and protect the interests of stakeholders.

Through the composition of the Board of Directors and auditing systems, companies are required to maintain transparency and fulfill their social responsibilities. Corporate governance also plays a vital role in building trust with stakeholders and promoting sustainable growth.

Corporate Governance Guidelines
Established on November 1, 2024

Chapter 1: Basic Policy on Corporate Governance

Purpose and Importance of Governance

To contribute to Palau’s economic development and fulfill our role as a developer, we emphasize management transparency and accountability. We aim to secure stakeholder trust and create long-term value. Additionally, we strive for transparency in operations by leveraging blockchain technology to establish a position as a global enterprise.

Fundamental Principles

Transparency
We ensure the clear disclosure of information across all business activities, making it accessible to stakeholders.

Accountability
The Board of Directors and management are accountable for their decisions and actions.

Sustainability
We prioritize sustainable business operations based on the SDGs, pursuing long-term environmental and social benefits.

Chapter 2: Role and Structure of the Board of Directors

Board Composition

Members
The Board consists of diverse members, including business experts, development professionals, medical researchers, and fintech specialists.

Independence
A certain number of external directors are included to ensure the Board’s independence.

Allocation of Responsibilities and Authority

Business Strategy
The Board formulates business strategies and makes critical decisions, presenting a long-term vision.

Risk Management
It assesses and addresses financial, operational, and environmental risks appropriately.

Strengthening Board Functions

Performance Evaluation
Regular evaluations of directors’ performance are conducted, with measures implemented for improvement.

Training
Continuous training programs are offered to directors and executives to enhance their ability to stay abreast of the latest industry trends.

Chapter 3: Risk Management and Compliance

Risk Management Framework

Risk Assessment
Key risks such as changes in building standards, environmental regulations, and laws are identified and evaluated.

Risk Mitigation Measures
Scenario analyses are conducted in advance, and contingency plans are formulated for potential risks. For financial management, businesses outside the construction development sector are separated into independent entities.

Ensuring Compliance

Legal Compliance
We adhere to regulations in Palau and internationally, securing the necessary permits and licenses.

Internal Audits
Regular internal audits are conducted to confirm compliance. Prompt corrective actions are taken if violations are detected.

Chapter 4: Stakeholder Engagement

Communication with Shareholders

Annual General Meetings
An annual shareholder meeting is held to explain financial reports and business plans.

Information Disclosure
Regular reports are provided to investors, ensuring transparency about token issuance and business progress.

Communication with PWDT Holders

Events
Periodic events and web meetings are held to engage with token holders at the same level as shareholders.

Collaboration with Local Communities

Community Events
Events are organized to facilitate dialogue with local residents and understand community needs.

Job Creation
We contribute to job creation through hotel construction, SDG-friendly housing projects, and medical-related initiatives.

Chapter 5: Social Responsibility and SDG Initiatives

Environmental Protection

Sustainable Business
Our construction projects use eco-friendly materials and technologies to maximize energy efficiency.

Recycling
In partnership with the Koror State Government, we promote waste management projects to achieve a circular economy on a national scale.

Contributions to Local Communities

Diabetes Treatment
We aim to establish Palau as a model nation for curing diabetes by introducing advanced medical technologies and treatments, promoting medical tourism.

Educational Support
Through partnerships with Japanese universities, we implement medical education programs to support the development of medical professionals in Palau.

Chapter 6: Transparency and Information Disclosure

Financial Disclosure

Reporting System
Quarterly financial information is disclosed, detailing the status of funds backing the tokens.

Third-Party Audits
All financial reports are subject to audits by independent external organizations to ensure accuracy.

Information Security

Data Protection
We leverage security technologies to protect data and prevent customer information breaches.

Cybersecurity
A dedicated team continuously monitors security to prevent unauthorized access and cyberattacks proactively.

Visit Us in Palau

Whether as a joint venture partner or PWDT holder, we invite you to visit Palau. Simply visiting makes you a valued collaboration member of our initiative.

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About PMD Inc.