Our Code of Conduct is an extension of our core values and the foundation for our business. It reflects our commitment to conducting business ethically, complying with laws and promoting a work environment based on mutual trust and respect.
The Audit Committee oversees our financial reporting processes and appoints and approves the fee arrangements with Garmin’s independent registered public accounting firm and statutory auditor.
Among other functions described in the Compensation Committee Charter, the Compensation Committee oversees our compensation programs and practices for executives and ensures the company’s compensation programs and practices are competitive and effective in attracting, retaining and motivating executives.
The Nominating and Corporate Governance Committee recommends and evaluates nominees for election to the Board of Directors, and recommends the Corporate Governance Guidelines to the Board of Directors and reviews them periodically to determine whether any modifications are advisable.