As a company whose shares are publicly traded both in the United States on NASDAQ and in Israel on the TASE, Elbit Systems complies with a range of applicable U.S. and Israeli corporate governance standards.
These corporate governance standards relate primarily to the makeup and functions of our Board of Directors, to the relationship with our outside auditors, to our ethics policies and to our overall commitment to compliance and best practices. For example, a majority of our Board members meet applicable U.S. and Israeli board member independence criteria, including two "External Directors" as required by Israeli law.
Our directors also meet applicable financial literacy and expertise standards.
The directors who meet the applicable independence criteria serve on the Board's Audit Committee, Financial Statements Review Committee, Corporate Governance and Nominating Committee and Compensation Committee.