The goal of the DropCar (DCAR) corporate governance policy is to define our ongoing commitment to provide incredible products, services, and experiences for our customers, employees, suppliers, communities, regulators, and trade associations. We must define our parameters for excellence so that our executive team and all of our employees understand our corporate objectives and the standards to which we hold ourselves as an organization.

The Board of Directors

DropCar is comprised of executive and non-executive directors that will maintain checks and balances in addressing corporate issues. All board members are required to participate in open and honest disclosure. Board members are chosen for their experience working with public companies, in the technology, business, and finance and their proven ability to contribute to their respective committees.

Committees

DropCar has three committees, which are comprised of non-executive members only.

Executive Committee:
This committee is responsible for recommending executive and director compensation, and they determine the performance, integrity of leadership, and adherence to our corporate governance policy of both board members and senior management.

Audit Committee:
This committee is responsible for reviewing the company’s financial management parameters and confirming to the best of their knowledge proper and accurate financial procedures.

Nominating Committee:
This committee is responsible for recommending nominees for election as directors based on fulfillment needs and based on the selection criteria established by the board of directors, which shall be consistent with laws and listing rules.

Our Mission Statement

DropCar’s mission is to remove the stress and hassle of car ownership and solve critical urban automotive logistics challenges. Cars are breaking cities, and we are utilizing technology to change the way people in cities interact with vehicles, dealers, and manufacturers. By enabling new models for vehicle ownership and subscription, we believe we can play a role in the evolution of the auto industry and change the way cities, manufacturers, dealerships, and owners interact with cars. As a publicly traded company, working towards this mission will create value for our shareholders, our employees, and our customers.

Our Employees

We want our employees to look back on their time at DropCar and consider it one of the most inspiring organizations they have ever been a part of. In order to do that, we are cultivating and demanding a workplace where employees are treated with the utmost respect and are integrally involved in the success of the company. We firmly believe that business is a team sport, and by fostering a meritocratic environment where employees can contribute, learn, and grow with us as a company, we will be able to attract and retain a talented and diverse workforce. By actively seeking other perspectives and different viewpoints, we’ll strengthen our products and our brand, and build a business based on collaboration toward our shared mission.

Our Management

We want our employees to look back on their time at DropCar and consider it one of the most inspiring organizations they have ever been a part of. In order to do that, we are cultivating and demanding a workplace where employees are treated with the utmost respect and are integrally involved in the success of the company. We firmly believe that business is a team sport, and by fostering a meritocratic environment where employees can contribute, learn, and grow with us as a company, we will be able to attract and retain a talented and diverse workforce. By actively seeking other perspectives and different viewpoints, we’ll strengthen our products and our brand, and build a business based on collaboration toward our shared mission.

Code of Ethics

We expect excellence from our entire team, and with that it almost goes without saying that every employee will act in a profession and ethical manner whenever they are representing DropCar. Some ethics are black and white, but the business world is constantly changing, and we will seek to engage our employees in ongoing conversations and education surrounding who we are and what we stand for as an organization. While no company is perfect, we are committed to progressing on a consistent basis to evolve our values and our behaviors in order to work towards our mission with our heads held high.