The Committees support the Board of Directors in assessing risks, setting remuneration, and monitoring the integrity of the financial statements.
- Chairman's and Governance Committee
The Chairman's and Governance Committee acts as an advisor to the Chairman and discusses a broad variety of topics in preparation for Board meetings.
- Audit Committee
The primary function of the Audit Committee is to assist the Board in fulfilling its oversight role by monitoring and assessing the integrity of the financial statements of the corporation.
- Remuneration Committees
The Remuneration Committee determines and/or recommends to the Board for approval the overall remuneration pools and the remuneration payable to the members of the Board, the Executive Board, the head of Internal Audit and certain other members of senior management.
- Risk Committee
The Risk Committee's main duties are to assist the Board in assessing the different types of risk to which the Group is exposed, as well as its risk management structure, organization and processes.
- Environmental, Health and Safety Committee
This committee helps the Board ensure environmental and employee safety issues are complied with and implemented at every operational level.
- Exploration and Business Development Committee
The Exploration and Business Development Committee helps the board identify, evaluate and decide on a new investment front for the company.
- Ad-hoc Committees
Several ad-hoc committees that report directly to the Board are set up to address special and important issues that may affect the company periodically.