OUR RESPONSIBILITY

• Reviewing financial information that the Company will disclose to the public and/or authorities, including financial statements, projections, and other reports related to the Company’s financial information.
• Assessing the Company’s compliance with legal regulations related to its business activities.
• Providing independent opinions in cases where there are differences of opinion between management and accountants regarding the services provided.
• Making recommendations to the Board of Commissioners regarding the appointment of accountants based on independence, scope of assignments, and remuneration.
• Reviewing the implementation of internal audit examinations and overseeing the follow-up actions by the Board of Directors on internal auditor findings.
• Reviewing the activities related to risk management carried out by the Board of Directors, especially if the Company does not have a risk monitoring function under the Board of Commissioners.
• Examining complaints related to the accounting process and financial reporting of the Company.
• Reviewing the adequacy of examinations conducted by public accounting firms to ensure that all significant risks have been considered.
• Assessing and advising the Board of Commissioners on potential conflicts of interest within the Company.
• The Audit Committee is accountable to the Board of Commissioners for the assigned tasks.
• The Audit Committee is required to submit reports to the Board of Commissioners for each assignment.
• Maintaining the confidentiality of documents, data, and Company information.
• Overseeing the relationship with public accountants, conducting meetings or discussions with them.
• Creating, reviewing, and updating the Audit Committee guidelines as needed.
• Assessing and confirming that all responsibilities outlined in the Audit Committee guidelines have been implemented.
• Providing independent opinions in cases where there are differences of opinion between management and accountants regarding the services provided.
• Making recommendations to the Board of Commissioners regarding the appointment of accountants, based on independence, scope of assignments, and fees.
• Reviewing the activities related to risk management carried out by the Board of Directors, especially if the Company does not have a risk monitoring function under the Board of Commissioners.
• Examining and providing advice to the Board of Commissioners on potential conflicts of interest within the Company.