Pernix Group has a strong commitment to conduct business in the highest ethical standards. We believe that strong and ethical corporate governance begins with our management and Board of Directors who set the standards for Pernix Group. We wholly support corporate governance initiatives that drive greater transparency for investors and emphasize the accountability of Directors and management.

Pernix Group Code of Ethics and Conduct

Pernix Group promotes an organizational culture that encourages ethical conduct and a commitment to compliance with the law. It is the personal responsibility of every Pernix Group employee and agent to adhere to the standards of our Code of Ethics and Conduct. Compliance with the law, and honesty and integrity in our dealings with others will not be sacrificed in the name of profits.

Each year every Pernix Group employee, including all employees in our subsidiaries, are required to sign the Code of Ethics and Conduct signifying that they have read, understand, and will adhere to our policies.

We have included a link to our Code of Ethics and Conduct for your reference. We encourage all who do business with our Company or its subsidiaries to read our Code of Ethics and Conduct .

Violations of our Code of Ethics and Conduct can be reported to our Whistleblower Hotline at (866) 398-0010.

Board of Directors

Our Board is made up of seven members, of which six are non-executive outside Directors. The Board meets at least five times a year. The entire Board acts as an audit committee and closely monitors the observations and comments of our external auditors, as well as our internal controls.