حوكمة الشركات

The Risk Committee comprises of five non-executive members who meet at least once per quarter to

Assist the Board in its oversight of the Company’s overall risk-taking tolerance and management of strategic, financial, compliance, operational risks, including market, credit and liquidity risks. Risk assessment and risk management are the responsibility of the Company’s management. The Committee’s responsibility is one of oversight and review.

The Audit Committee comprises of five non-executive members who meet once per quarter or as needed to:

assist the Board in its oversight of (i) the integrity of the Company’s financial statements, (ii) the Company’s compliance with legal and regulatory requirements, (iii) the external auditors’ qualifications, independence and performance, (iv) the performance of the Company’s Internal Audit function and (v) the Company’s internal control over financial reporting; (vi) the safeguarding of the Company’s assets; (vii) the efficiency and effectiveness of operations; 2. recommend the appointment or termination of the Company’s external auditors and to pre-approve all audit, audit-related, tax and other services, if any, to be provided by the external auditors; recommend professional fees related to external auditors, audit related, tax and other services and 3. prepare the report required to be prepared by the Committee pursuant to the rules/decrees of the Financial Regulatory Authority (the “FRA”).