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Governance highlights

Our Board of Directors is committed to building long-term shareholder value and maintaining sound corporate governance practices. We highlight some of our corporate governance practices below.

Number of directors 9
Percentage of directors who are independent 89%
Directors who attended at least 75% of board and committee meetings in 2019 ALL
Strong and active lead independent director
100% independent audit, compensation and nominating and corporate governance committees
Board and committees may engage outside advisors independent of management
Annual Board self-evaluations
Active shareholder engagement program
Corporate governance guidelines
Majority voting in uncontested elections
Corporate governance guidelines formalize the consideration of diversity factors for director nominees
All employees, officers and directors must adhere to a Code of Conduct and Business Ethics

Governance documents

Our Board of Directors has adopted Corporate Governance Guidelines to assist the Board in exercising its responsibilities. The guidelines reflect the Board's commitment to building long-term stockholder value with an emphasis on corporate governance.

Our Code of Conduct and Business Ethics Guide (the "Code") guides our officers, directors and employees in maintaining the highest standards of ethical conduct. All of our employees are required to carry out their duties in accordance with the policies set forth in the Code and with applicable laws and regulations.

Governance documents

Committee charters

On November 19, 2020, our Board of Directors adopted and approved an updated Code, which applies to all of our directors, employees (including officers) and contractors, including those of our affiliates. Besides making technical, administrative and other non-substantive amendments to the Code, the updated Code (a) updates our policies with respect to compliance with laws, including laws regarding nondiscrimination, insider trading, U.S. and international regulatory matters, competition, privacy, conduct of clinical trials and compliance with government inquiries; (b) updates our policies on financial record keeping and reporting and the ability of employees to anonymously report issues and concerns regarding corporate fraud or other potential violations of law; (c) updates our policies and guidelines with respect to potential conflicts of interest, including with respect to gifts and entertainment; (d) updates our ethical business practices, including rules regarding improper payments or bribes; and (e) updates the reporting and waiver procedures under the Code and our non-retaliation policy. The foregoing summary is qualified in its entirety by reference to the Code, a copy of which is available above.

Reporting questionable accounting or auditing matters

We have established an anonymous hotline for the receipt, retention and treatment of complaints or concerns by employees or individuals outside of the Company, regarding accounting, internal accounting controls or auditing matters at Seagen. A person with such a complaint or concern should promptly report the complaint or concern by calling 800-461-9330 to leave a detailed message, by submitting a concern via the Whistleblower and Ethics Portal, or by writing to the attention of Seagen General Counsel or to the Audit Committee of the Board of Directors at this address:

Seagen Inc.
21823 - 30th Drive SE
Bothell, WA 98021