# Corporate Governance

Corporate Governance involves the processes and procedures used to manage the business affairs of a company and includes the structure and balance of power between the management and board. This section provides bios of board and committee members, as well as charters and codes of conduct developed for the various committees.

# Committee Charters

[Audit and Risk Committee](https://ir.chipotle.com/download/Audit+and+Risk+Comm+Charter+%28Sept+2025%29.pdf)

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|  | [Download PDF](https://ir.chipotle.com/download/Audit+and+Risk+Comm+Charter+%28Sept+2025%29.pdf)<br>(178 KB) |
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[Compensation, People and Culture Committee](https://ir.chipotle.com/download/Comp%2C+People+and+Culture+Comm+Charter+%28Sept+2025%29.pdf)

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|  | [Download PDF](https://ir.chipotle.com/download/Comp%2C+People+and+Culture+Comm+Charter+%28Sept+2025%29.pdf)<br>(184 KB) |
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[Nominating and Corporate Governance Committee](https://ir.chipotle.com/download/Nominating+%26+Corporate+Governance+Comm+Charter+%28Sept+2025%29.pdf)

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|  | [Download PDF](https://ir.chipotle.com/download/Nominating+%26+Corporate+Governance+Comm+Charter+%28Sept+2025%29.pdf)<br>(154 KB) |
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# Governance Documents

[Executive Stock Ownership Guidelines](https://ir.chipotle.com/download/Exec+Stk+Ownership+Guidelines+-+2019.pdf)

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|  | [Download PDF](https://ir.chipotle.com/download/Exec+Stk+Ownership+Guidelines+-+2019.pdf)<br>(84 KB) |
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[Code of Ethics](https://ir.chipotle.com/download/Chipotle_Code_of_Ethics_English_2026.06.26_External.pdf)

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|  | (4.9 MB) |
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[Corporate Governance Guidelines](https://ir.chipotle.com/download/Corp+Governance+Guidelines+%28Sept+2025%29.pdf)

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[Supplier Code of Conduct](https://ir.chipotle.com/download/Supplier+Code+of+Conduct+-+July+2025.pdf)

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[Exec Comp Recovery Policy](https://ir.chipotle.com/download/Executive+Compensation+Recovery+Policy+%28Dec+2023%29.pdf)

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|  | (169 KB) |
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[Amended and Restated Bylaws](https://ir.chipotle.com/download/Amended+and+Restated+Bylaws+%286.1.23%29.pdf)

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# Government Relations Information

[Government Relations Engagement Policy](https://ir.chipotle.com/download/CMG+Gov+Relations+Engagement+Policy+2026+%28Final%29.pdf)

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[Government Relations Contributions Report 2025](https://ir.chipotle.com/image/Government+Relations+Contributions+Report+-+2025.pdf)

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[Government Relations Contributions Report 2024](https://ir.chipotle.com/download/Government+Relations+Contributions+Report+-+2024.pdf)

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# Human Capital Information

[Employment-Related Arbitration Report](https://ir.chipotle.com/download/Employment-related+Arbitration+Report+2024.pdf)

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|  | [Download PDF](https://ir.chipotle.com/download/Employment-related+Arbitration+Report+2024.pdf)<br>(95 KB) |
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[Chipotle EEO-1 Report](https://ir.chipotle.com/download/EEO-1_2024_Final_Consolidated_IR.pdf)

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|  | [Download PDF](https://ir.chipotle.com/download/EEO-1_2024_Final_Consolidated_IR.pdf)<br>(72 KB) |
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[2023 Talent Management Equity Audit](https://ir.chipotle.com/download/2023+Talent+Management+Equity+Audit.pdf)

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|  | [2023 Talent Management Equity Audit](https://ir.chipotle.com/download/2023+Talent+Management+Equity+Audit.pdf)<br>(137 KB) |
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# 2024 Stock Split

[IRS Form 8937 (50-for-1 Stock Split)](https://ir.chipotle.com/download/IRS+Form+8937+%2850-for-1+Stock+Split%29+FINAL.pdf)

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|  | [IRS Form 8937 (50-for-1 Stock Split)](https://ir.chipotle.com/download/IRS+Form+8937+%2850-for-1+Stock+Split%29+FINAL.pdf)<br>(255 KB) |
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