Corporate Governance Overview
The Board of Directors of Schrödinger (the "Company") sets high standards for the Company's employees, officers and directors. Implicit in this philosophy is the importance of sound corporate governance. It is the duty of the Board of Directors to serve as a prudent fiduciary for shareholders and to oversee the management of the Company's business. To fulfill its responsibilities and to discharge its duty, the Board of Directors follows the procedures and standards that are set forth in these charters and guidelines. These charters and guidelines are subject to modification from time to time as the Board of Directors deems appropriate in the best interests of the Company or as required by applicable laws and regulations.
2022 Code of Business Conduct and Ethics Disclosure
The Company periodically reviews and updates its Code of Business Conduct and Ethics, which is applicable to all of the Company’s employees, officers, and directors, including its principal executive officer, principal financial officer and principal accounting officer.
On November 18, 2022, the Board of Directors of the Company approved an amended and restated Code of Business Conduct and Ethics of the Company (as amended and restated, the “Code”), to reflect the addition of supplemental and alternative communication channels for raising and reporting concerns to comply with certain changes in global privacy and data protection regulations. The amended Code also includes updates to improve its readability.