Audit Committee

The Audit Committee operates in accordance with the applicable legislation, the Company's Statute, and the Audit Committee's Regulations. Its primary role is to exercise control over the economic and financial activities of the Company, being subordinated exclusively to the General Meeting of Shareholders.

The Audit Committee is elected for a two-year mandate and consists of three members, who can be dismissed by the General Meeting of Shareholders. Committee members can be either shareholders of the company or external individuals, but they cannot hold positions that present conflicts of interest, such as members of the Company Board or the executive body.

Responsibilities of the Audit Committee

• Continuous and extraordinary control over the financial activities of the Company
• Preparation of detailed reports at the end of each audit, which includes the evaluation of accounting documents and compliance with legal regulations
• Recommendations for improving financial activities and measures to be taken in case of irregularities
• Right to request the convening of an Extraordinary General Meeting of Shareholders in case of discovered abuses in the management of the Company
• Reports are transmitted to the executive body, the Company Board, and shareholders holding at least 10% of voting shares
• The annual activity report is presented to the General Meeting of Shareholders
• The Committee may also authorize an external audit entity to perform its duties, through a decision by the General Meeting of Shareholders

Members of the Audit Committee: