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Are investors that have the right to designate a board member subject to the statement of policy even if they hold 5% or less of the voting equity shares?

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Are investors that have the right to designate a board member subject to the statement of policy even if they hold 5% or less of the voting equity shares?

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Yes, if an investor has a right to designate a board member then that investor will be subject to the Statement of Policy.

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