Committees

The Board of Directors is supported by three advisory committees of non-deliberative nature and composed of the members of the Board and a Board Advisor as detailed below:

• Compensation Committee: responsible for ensuring a suitable management compensation and confirming a suitable succession plan is in place. Makes appropriate recommendations for action to the Board.
• Audit & Risk Committee: responsible for ensuring that the company‘s financial statements are accurate and reliable; also reviews the company‘s compliance system and monitors the external auditors. Makes appropriate recommendations for action to the Board.
• Sustainability Committee: responsible for oversight of the company’s sustainability activities and reviewing QHSE performance. Makes appropriate recommendations for action to the Board.