Fairmount Santrol and our board of directors are committed to observing sound corporate
governance practices and conducting business activities according to the highest ethical
standards. In carrying out this responsibility, the board has adopted corporate governance
guidelines in accordance with the rules of the New York Stock Exchange, as well as a code of
business conduct and ethics applicable to employees, directors and officers. The board also has
established standing committees to assist in fulfilling its duties, and may create other such
committees as needed.