04.01.2024
The Audit Committee, with the aim of timely identification of potential business risks, supports the Board. with regard to:
- Ensuring the compliance of the bodies and actions of the Company with the requirements of the legal, institutional and regulatory framework and the Corporate
- Governance Principles that govern its operation.
- Completeness and reliability of the accounting, information and administrative systems of the Company as well as the published financial statements and other reports.
- Smooth and efficient operation of all control mechanisms.
The Audit Committee has the following key responsibilities:
- Supervises the production process of financial statements and other reports of financial information.
- Ensures the smooth conduct of internal audit work.
- Investigates any transactions of the Company with any person related to it and submits relevant reports to the Board of Directors, in order to transparently verify the existence of conflicting interests.
- Receives the reports of the Internal Audit Service and evaluates their content.
- Proposes to the Board. the head of the Internal Audit Service and evaluates its effectiveness.
- Monitors the performance of the work of the regular auditor and evaluates whether it is in accordance with the relevant legal-regulatory framework, international standards and best practices. It also researches and evaluates the adequacy of knowledge, professional consistency, independence and effectiveness of the regular auditor.
The Committee consists of two (2) Independent Non-Executive members of the BoD, one (1) Non-Executive member of the BoD and one (1) independent, Non-Member of the BoD which meets the independence requirements of article 9 of L.4707/2020.
- Taprantzis Andreas, Chairman of the Committee
- Skordas Athanasios
- Tamvakakis Apostolos
- Nikolaos Kalamaras