The Board of Directors of Statera Biopharma sets high standards for the Company's directors, officers and employees. 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. The Board of Directors has adopted Corporate Governance Guidelines to assist the Board in fulfilling its responsibility to exercise its business judgment in what it believes to be the best interests of our stockholders. These 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. To fulfill its duties and responsibilities, the Board of Directors follows the procedures and standards that are set forth in these guidelines.