Corporate governance encompasses the internal policies and practices by which SPACEHAB is operated and controlled. SPACEHAB's business is conducted by its employees, managers, and officers, under the direction of the chief executive officer and the oversight of the board, to enhance the long-term value of the company for its shareholders. The board of directors is elected by the shareholders to appoint and oversee management and to ensure that the long-term interests of the shareholders are being served. It is also responsible for confirming that the Company's activities are conducted in a responsible and ethical manner. Both the board of directors and management recognize that the long-term interests of shareholders are reinforced by responsibly addressing the concerns of other stakeholders and interested parties including employees, customers, suppliers, and the communities in which it does business.

Code for Senior Financial Officers
The Company is dedicated to ensuring that business is conducted in a manner above reproach. This code of ethics for our senior financial executives promotes honest and ethical conduct and compliance with the law, particularly as related to the maintenance of the Company's financial records and the preparation of financial statements filed with the Securities and Exchange Commission.
Code of Ethics and Business Conduct
The board expects SPACEHAB directors, as well as officers and employees, to act ethically at all times and to acknowledge their adherence to the policies comprised in SPACEHAB’s Code of Business Conduct.
Audit Committee Charter
This committee is responsible for appointing and compensating a firm of independent public accountants to audit the Company's financial statements; overseeing the performance and review of the scope of the audit performed; and reviewing audit plans and procedures.
Compensation Committee Charter
This committee determines the compensation and benefits of all officers of the Company and establishes general policies relating to compensation and benefits of employees.
Governance & Nominating Charter
This committee oversees the Company's corporate governance principles, board member selection and committee assignments, succession planning, and board compensation.

Policy for Complaint and Reporting Procedures for Accounting and Auditing Matters
Any person with concerns regarding Accounting Matters may report their concerns on a confidential basis to the Compliance Officer.

Policy for Shareholder Communications with Directors
SPACEHAB recognizes the importance of providing its shareholders with the ability to communicate with the Company's Board of Directors. This Policy is not intended to cover communications of complaints regarding accounting or auditing matters.