Apple's Board of Directors oversees the Chief Executive Officer and other senior management in the competent and ethical operation of Apple on a day-to-day basis and assures that the long-term interests of shareholders are being served. To satisfy the Board's duties, directors are expected to take a proactive, focused approach to their positions, and set standards to ensure that Apple is committed to business success through the maintenance of high standards of responsibility and ethics.

The Board has adopted the following committee charters and governance guidelines that, in conjunction with Apple's articles of incorporation and bylaws, form the governance framework for Apple. The governance structure is designed to foster principled actions, effective decision-making and appropriate monitoring of both compliance and performance.

Governance Documents

• Business Conduct Policy (Updated Dec 2012)  
• Corporate Governance Guidelines  
• Guidelines Regarding Director Conflicts of Interest  
• Political Contributions & Expenditure Policy  
• Political Contributions - January 1, 2012 to date  
• Related Party Transactions Policy  
• Reporting Questionable Accounting or Auditing Matters  
• Stock Ownership Guidelines  
• Prohibition on Hedging and Short Selling Apple Stock  

Committee Charters

• Audit and Finance Committee  
• Compensation Committee  
• Nominating and Corporate Governance Committee