We believe that effective corporate governance should include regular constructive discussions with our stockholders. As such, we have a proactive stockholder engagement process that encourages feedback from our stockholders. This feedback helps shape our governance practices, which include:
- 75% of directors are independent
- Two diverse directors
- Emphasis on diversity in the nominating and corporate governance committee’s charter
- Active board oversight of risk and risk management
- Comprehensive executive incentive compensation clawback policy
- Exhaustive related party transaction policy
- Conduct annual performance evaluations of the board and its committees as part of their commitment to continuous improvement
On February 18, 2026, Viper amended its Code of Business Conduct and Ethics. Among other changes, the Company clarified reporting procedures, simplified insider trading provisions with a cross-reference to applicable policies and added disclosure requirements for any waiver of the Code.