Corporate Governance

Ucom Corporate Governance Structure

Shareholders’ General Meeting
-  Investors and Investor representatives
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.
Executive Management
- CEO of the company and top Executives

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