We believe that engaged, well aligned Corporate Governance is essential to delivering sustainable stakeholder value. To ensure alignment, we maintain constant dialogue with our associates, suppliers, government officials, brand partners, investors and peers to get an understanding of the individual corporate responsibility priorities of each group. Our shareholders elect the board of directors annually and they are represented on the board as well.

Our Code of Business Conduct & Ethics and our Board Rules outline the principles and practices that the board of directors is expected to follow. Our Corporate Governance policies and guidelines are determined by the Nominating & Governance Committee and are routinely evaluated. The Nominating & Governance Committee, Audit Committee, and Compensation Committee are all entirely composed of independent members. Playa’s ESG Committee has representation from the firm’s Legal, Operations, Human Resources and Investor Relations departments. As a testament to Playa’s commitment to Corporate Responsibility, our ESG Committee reports directly to our CEO & Chairman and will periodically update the Board of Directors on our Corporate Responsibility strategy and initiatives, set forth in conjunction with the Nominating & Governance Committee.