In line with the Company’s commitment to applying governance rules and promoting the principles of transparency and accountability, the Board of Directors has established key committees to assist it in carrying out its duties and responsibilities. These committees operate under approved charters that define their composition, authorities, and working mechanisms, and they submit periodic reports to the Board.
The Audit Committee is responsible for overseeing financial reports, internal control systems, risk management, and ensuring the independence of internal auditors.
This committee is responsible for reviewing the company’s investment strategies and policies, supervising its investment activities, and evaluating investment opportunities.
The Board supervises the work of these committees, which regularly present their findings and recommendations to the Board. The committees’ scopes, tasks, and compositions are summarized as follows: