Charter

The Emtek Group is committed to maintaining Good Corporate Governance (GCG) throughout the Group by applying and auditing the basic principles of transparency, accountability, social responsibility and independence. The Group imposes systems of supervision to ensure ethical and responsible decision making, integrity in financial reporting, prudent risk management, and appropriate employee and corporate conduct.

The required framework within the Group to implement and oversee these principles of GCG have been established.

The Board of Commissioners includes three Independent Commissioners and the Board of Directors includes one Independent Director. In compliance with prevailing capital market laws, the Company have also appointed a Head of Internal Audit Unit and a Company Secretary.

The identification and management of risk is key to the Emtek Group achieving its strategic objectives and delivering long term value to its shareholders. The scope of businesses in which we operate means that a range of factors may impact on our performance as a Group. The Board of Directors constantly reviews the risk profile of the Group’s businesses and the Board has put in place a number of policies and internal controls to assist the management teams of the subsidiaries in their day-to-day assessment of risks to their respective businesses.

To ensure implementation of good corporate governance throughout the Company, a set of policies and charters are established ("Charter").