The Audit Committee is responsible for monitoring the integrity of our financial reports and risk management.
It supervises the activities of the Management Board with respect to the operation of the internal risk management and control systems. Supervision includes the enforcement of the relevant legislation and regulations; the release of financial information; compliance with recommendations and observations of external auditors; our policy on tax planning; relations with the external auditor, including, in particular, its independence, remuneration and any non-audit services; financing and the applications of information and communication technology (ICT).
The Audit Committee includes at least one financial expert, who must have in-depth experience and knowledge of financial statements, international accounting principles and internal controls and procedures for financial reporting. The download version of the Audit Committee Charter can be found here: