ARCHIVED: This Practice Note has been archived and is not maintained. A new version of the UK Corporate Governance Code was published on 22 January 2024. For further information see UKCG Resource Note—2024 UK Corporate governance Code—Section 3—Composition, succession and evaluation. This Resource Note considers Section 3 (Composition, succession and evaluation) of the 2018 version of the UK Corporate Governance Code and has been retained for reference purposes. This Resource Note outlines the main provisions of Section 3 of the UK Corporate Governance Code (UKCG Code), on ‘Composition, succession and evaluation’, and highlights relevant third party materials, guidance, commentary and analysis, as well as our own resources, to give practical guidance on its application. Materials covered in this Resource Note include: • the Financial Reporting Council (FRC)'s 2018 Guidance on Board Effectiveness • guidance issued by The Chartered Governance Institute (previously known as ICSA: The Governance Institute) (CGI) • the 2023 United Kingdom and Ireland Proxy Voting Guidelines published by Institutional Shareholder Services (ISS) • the Stewardship