Board Diversity Matrix

The table above provides certain information regarding the composition of our Board. Each of the categories listed in the above table has the meaning as it is used in Nasdaq Rule 5605(f) and related instructions.

Our Nominating & Corporate Governance Committee considers diversity as one of several factors relating to overall composition when recommending nominations to our Board. Although we do not have a formal policy governing how diversity is considered, the Nominating & Corporate Governance Committee believes that diversity is an aspect that should be considered with respect to director nominations. The Nominating & Corporate Governance Committee considers diversity by examining the entire Board membership and construes board diversity broadly to include many factors, including, but not limited to, gender, age, race and ethnicity. As a result, the Nominating & Corporate Governance Committee strives to ensure when recommending nominations to our Board that our Board is represented by individuals with a variety of different opinions, perspectives, personal, professional, and industry experience and backgrounds, skills, and expertise.