Internal Audit

Internal Audit

The Internal audit function is an independent unit that reports directly to the Board of Directors. The internal audit function head report the auditing findings in the quarterly Board of the Directors meetings and briefs to the Audit Committee on a regular basis.

 

Appointment and Dismissal of Internal Auditors

The appointment, dismissal, evaluation, and compensation of the Company’s internal auditors are performed based on the rules of the “Personnel Management Measures” Their evaluation is performed twice every year. The above-mentioned appointment, dismissal, evaluation, and compensation actions will be submitted to the Chairman of the Board for review and approval. The above-mentioned rules have been disclosed in the Company’s internal regulations zone.