The board is responsible for the direction and oversight of EMMC for all aspects of EMMC’s business. The board believes that good governance involves the clarity of roles and responsibilities, and the proper utilization of distinct skills and processes. The board therefore focuses on activities that enable it to promote interests, such as the active consideration of strategy, the monitoring of executive action, and ongoing board and executive management succession. To achieve this, it has developed and approved a set of corporate governance principles.