Shareholders
Approve the annual plan and budget, any change to share capital or ownership, and any commitment outside the approved strategy.
INVESTOR RELATIONS
How the company is governed and held to account
Lunava is a privately held Free Zone Company. Governance is deliberately simple, written down and applied to every mandate, so buyers and investors can see who decides what, and on what authority.
Corporate governance
STRUCTURE
Board and management responsibilities
Decision rights are separated between ownership, direction and day to day delivery.
Board of directors
Sets strategy, approves the risk framework and material contracts, appoints management and reviews performance against plan.
Managing direction
Responsible for commercial performance, client relationships, resourcing and the integrity of delivery commitments made in bids.
Delivery leadership
Accountable for programme quality, security, technical assurance and the handover obligations written into each contract.
CONTROLS
Delegated authority and financial control
Nothing material is signed, spent or released by a single person acting alone.
Contract authority
Proposal pricing, discounts and contractual liability positions are approved above defined thresholds before any offer is issued to a client.
Payments and banking
Segregation between the person who raises a payment and the person who authorises it, with dual authorisation above threshold.
Procurement on behalf of clients
Where we source on a client's behalf, selection criteria, scoring and supplier correspondence are documented and disclosable to the client and their auditor.
Record keeping
Contracts, board decisions, statutory filings and client deliverables are retained in line with our retention schedule and free zone obligations.
CONDUCT
Conflicts, ethics and anti-bribery
The independence of our advice is the product. These rules protect it.
Advisory and delivery separation
Where we advise on a sourcing decision, we disclose in writing whether we intend to bid for the resulting work, before the client engages us.
No undisclosed commissions
We do not take rebates, referral fees or margin from suppliers we recommend without disclosing it to the client in advance.
Anti-bribery and corruption
Facilitation payments, gifts of value to public officials and third-party agents paid on success in public tenders are prohibited without exception.
Sanctions and screening
Clients, suppliers and payment routes are screened against applicable sanctions regimes before onboarding.
ASSURANCE
Compliance and reporting
Obligations are tracked against a calendar rather than remembered.
Statutory compliance
Licence renewal, establishment card, immigration, ultimate beneficial ownership and economic substance obligations are tracked with named ownership.
Data protection
Processing is governed by our published data protection position, covering GDPR, UAE PDPL and POPIA commitments.
Information security
Access control, secure development, incident response and business continuity are documented and reviewed at least annually.
Whistleblowing
Concerns about conduct can be raised confidentially to the board without routing through line management, and are recorded and investigated.
Governance documents, policy copies and the compliance register are provided to investors, lenders and procurement teams on request.
Need something that is not published here?
Investor, lender and partner requests for detailed documentation are handled directly by the founding team under a mutual non-disclosure agreement.