Board committees

The Audit and Risk Committee acts as an advisory body to the Board in the areas of internal control and operational risk management. The main functions of the committee are to increase the effectiveness of the Board’s work, with the committee operating independently and providing recommendations to the Board in the areas of risk management, control, and external and internal audit. The committee is subordinate and accountable to the Board.

The Nomination and Remuneration Committee acts as an advisory body to the Board and is subordinate and accountable to the Board. The committee provides recommendations on the company’s structure, human resources management, operational efficiency, remuneration policy, employee goal-setting and evaluation, executive search and selection, and in other areas assigned by the Board.