The Audit Committee

The Audit Committee of the Company (“the Audit Committee”) is made up of six members – three directors (all of whom are non-executive) and three shareholders. The Audit Committee members meet at least three times a year.

Its duties include keeping under review the scope and results of the external audit, as well as the independence and objectivity of the auditors. The Audit Committee also keeps under review internal financial controls, compliance with laws and regulations and the safeguarding of assets. It also reviews the adequacy of the plan of the internal audit and reviews its audit reports.