Corporate Governance

Being listed on the Alternative Investment Market (AIM) of the London Stock Exchange, the Company is not required to comply with the provisions of the Combined Code on Corporate Governance (the "Code"). However, the Board is committed to the standards of good corporate governance embodied in the Code and seeks to apply the principles of the Code where practicable for a Company of Xcite Energy’s size and structure.

As a company incorporated and registered in the British Virgin Islands, Xcite Energy is not subject to the The City Code on Takeovers and Mergers.

• The Board
• Audit Committee
• Remuneration and Nominating Committee
• Internal Controls