Functional Committees

The Board of Directors has established the Audit Committee and the Remuneration Committee to assist in performing its oversight duties. The charters of each committee are approved by the Board.

Audit Committee

The Audit Committee assists the Board in ensuring the fair presentation of financial statements, selecting and evaluating independent auditors, and implementing effective oversight of internal controls, legal compliance, and risk management.

The committee consists entirely of independent directors and meets at least four times a year to safeguard corporate governance.

Remuneration Committee

The Remuneration Committee assists the Board in evaluating and establishing policies, systems, standards, and structures for director and executive compensation, and periodically reviews performance goals to align rewards with operations.

The committee consists of at least three members, appointed by the Board from among independent directors and qualified experts, meeting at least twice a year.