About this committee
The Audit Committee consists of at least two members, at least one of whom shall be qualified as a financial expert as defined in the By-Laws of the Supervisory Board and the Audit Committee Charter. The Audit Committee assists the Supervisory Board in fulfilling its oversight responsibilities in relation to:
- the Company’s accounting and financial reporting practice, policies and procedures (including judgments and estimates, significant reporting issues material adjustments and the robustness of the processes)
- the quality of the Company’s internal control systems and risk assessment (understanding the risks the Company is exposed to and how they are effectively dealt with, and oversight of the internal audit function)
- the quality of disclosure controls and procedures
- the integrity of the financial statements
- the performance and evaluation (including its independence) of the External Auditor and advice on the appointment and replacement of the External Auditor
- compliance with laws and regulations
Members