Badger Meter is committed to achieving effective corporate governance. Our board has adopted a set of corporate governance guidelines that include compliance with board independence requirements, a lead director role and executive sessions for outside directors prior to each board meeting. We have in place an up-to-date charter for each of our committees of the board. We also have adopted codes of ethics for board members and for our financial executives in addition to our code of business conduct for all employees. These materials are available on our website, or by request, for review by investors and the public.