constructively conduct, challenge; resource allocation; (Senior) Not mentioned Not mentioned Not mentioned Not Independent clearly by the clearly by the clearly by the mentioned director Code; Code; Code; clearly by the Code; CFO (senior Not mentioned Not mentioned Not mentioned Not financial clearly by the clearly by the clearly by the mentioned officer) Code; Code; Code; clearly by the Code; Management Board hold Owner ensure Board is the Not team (senior) MGT remuneration main governing mentioned accountable for keeping quality body situated clearly by implementation; and calibre of between owner the Code; individuals; and Exe.MGT; NED may appoint or remove senior MGT and determine their remuneration; Supervisory Board should NED not take members Not board seek legal any advisory seek mentioned advice relating work unless it independent clearly by to termination is approved by professional the Code; clauses when Board; advice at the appointing expense of the executive organization; members; Internal Use IT system Put in place Board Not control for back up measures to responsible for mentioned measures; minimize risks; governance of clearly by risks; the Code; Internal audit Not mentioned Not mentioned Not mentioned Not clearly by the clearly by the clearly by the mentioned Code; Code; Code; clearly by the Code; External Not mentioned Not mentioned Independent Not (Independent) clearly by the clearly by the EA; raise mentioned audit Code; Code; matters directly clearly by with Board; the Code; Disclosure Not mentioned Formal, members Less and clearly by the transparent disclose all the corruption; transparency Code; process for information for improved determining Board to make transparency; remuneration an informed of Board; decision; Shareholders Owner foster Constitute the Exercise Not and Minority constructive supreme ownership role mentioned Stockholder relationship authority; in AGM; clearly by with board to the Code; facilitated the success;
constructively challenge; conduct, resource allocation; (Senior) Independent director Not mentioned clearly by the Code; Not mentioned clearly by the Code; Not mentioned clearly by the Code; Not mentioned clearly by the Code; CFO (senior financial officer) Not mentioned clearly by the Code; Not mentioned clearly by the Code; Not mentioned clearly by the Code; Not mentioned clearly by the Code; Management team (senior) Board hold MGT accountable for implementation; Owner ensure remuneration keeping quality and calibre of individuals; Board is the main governing body situated between owner and Exe.MGT; NED may appoint or remove senior MGT and determine their remuneration; Not mentioned clearly by the Code; Supervisory board Board should seek legal advice relating to termination clauses when appointing executive members; NED not take any advisory work unless it is approved by Board; members seek independent professional advice at the expense of the organization; Not mentioned clearly by the Code; Internal control Use IT system for back up measures; Put in place measures to minimize risks; Board responsible for governance of risks; Not mentioned clearly by the Code; Internal audit Not mentioned clearly by the Code; Not mentioned clearly by the Code; Not mentioned clearly by the Code; Not mentioned clearly by the Code; External (Independent) audit Not mentioned clearly by the Code; Not mentioned clearly by the Code; Independent EA; raise matters directly with Board; Not mentioned clearly by the Code; Disclosure and transparency Not mentioned clearly by the Code; Formal, transparent process for determining remuneration of Board; members disclose all the information for Board to make an informed decision; Less corruption; improved transparency; Shareholders and Minority Stockholder Owner foster constructive relationship with board to facilitated the success; Constitute the supreme authority; Exercise ownership role in AGM; Not mentioned clearly by the Code;
006_29445ny081115_30_43.docx