CORPORATE GOVERNANCE.
Parkway Associate and its employees have maintained the highest standards of integrity and ethics. We take pride in our traditions of responsibility and accountability. We also believe that transparent disclosure of our corporate governance policies is fundamentally important to maintaining our well-established reputation and preserving the trust of our investors. The policies and principles described in these documents implement requirements of the Sarbanes-Oxley Act of 2002, the related rules of the Securities and Exchange Commission and the New York Stock Exchange, as well as our own vision of good governance.

We encourage you to review these policies. We remain committed to adhering to these policies and principles and are confident that our employees will continue to conduct themselves in a manner worthy of your respect. We thank you for your continued support.