text: 1.1  Companies should establish the functions reserved to the Board and those delegated to senior executives and disclose those functions. 
  
  1.2  Companies should disclose the process for evaluating the performance of senior executives. 
  
  1.3  Companies should provide the information indicated in the Guide to reporting on Principle 1. 
  
  2.1  A majority of the Board should be independent Directors. 
  
  2.2  The Chair should be an independent Director. 
  
  2.3  The roles of Chair and Chief Executive Officer should not be exercised by the same individual. 
  
  2.4  The Board should establish a Nomination Committee. 
  
  2.5  Companies should disclose the process for evaluating the performance of the Board, its committees and individual Directors. 
  
  2.6  Companies should provide the information indicated in the Guide to reporting on Principle 2. 
  
  3.1 
  
  Companies should establish a code of conduct and disclose the code or a summary of the code as to: 
  〉 the practices necessary to maintain confidence in the Company’s integrity; 
  〉 the practices necessary to take into account their legal obligations and the reasonable expectations of their stakeholders; and 
  〉 the responsibility and accountability of individuals for reporting and investigating reports of unethical practices. 