Corporate Governance

• Shareholders’ General Meeting
• Board of Directors
  • 5 members, of which at least 2 independent directors
  • 3 committees, each with 3–4 members
    • Audit and Internal Control committee,
    • Financial, Strategy and Market Development committee,
    • Corporate Development, Nomination and Remuneration committee.
• Board Office (Secretariat)
  • Responsible for organizing operations of the Board, General Meeting and coordination of relations with investors and stakeholders.
• Audit and Internal Control
• Executive Management
  • CEO of the company and top Executives
• Financial, Strategy and Market Development
• Corporate Development, Nomination & Remuneration

• Strategic Management of the Company

approval Strategy and Business plan and its monitoring, including decision that may have impact on Company’s strategy and business value

• Management of Assets and Equity

with defined thresholds

• Approval of the Executives Team and Evaluation of their Activities

• Corporate Actions M&A

reorganization, shares and bond issuance, dividend policy, etc

• Preparation and Organization of the Shareholders’ Meeting

• Approval of the Five years Strategic plan․
• Approval of the annual Business plan of the company, and monitoring & oversight of thereof implementation.
• Performance evaluation of Executive management․
•  Approval of internal regulations and its amendments.
• Creation of Risk Management and Internal Control mechanisms․