Internal Control System

In order to achieve the Company's responsibilities in fulfilling its governance responsibilities and providing reliable financial and operational information, the Company will maintain internal control and risk management systems. Control measures are designed to address financial, operational, compliance and sustainable development issues and provide reasonable assurance that transactions comply with authorizations and are properly processed and recorded; assets are fully protected from significant losses and unauthorized access and use. or disposal; policies and procedures are implemented.

These systems include documented organizational structure and division of responsibilities, clear accountability, established policies and procedures throughout the group, including the careful selection, training and development of talents. The Company does not have an independent internal audit function.

The Company monitors the operation of its internal control systems to determine whether deficiencies exist and takes corrective actions to address control deficiencies when deficiencies are discovered. The Board, through the Audit and Risk Committee, is responsible for reviewing the effectiveness of the internal control and risk management systems.

There are inherent limitations to the effectiveness of any internal control system, including the possibility of human error, circumvention or override of controls. Therefore, an effective internal control system can only provide reasonable assurance.