Duties and Responsibilities of the Audit Committee

The duties and Responsibilities of the Audit Committee are as follows:

1. Reviewing the financial information to be published by the Company to the public and/or capital market
   authorities, including financial statements, projections and other financial reports;
2. Conducting periodic reviews on observance of the legislation relating to the Company’s activities;
3. providing an independent opinion in the event of a disagreements of opinion between management and public accountant for the rendered services;
4. Providing recommendations to the Board of Commissioners related to the appointment of accountants
   based on their independence, scope of assignment, and the service fee;
5. Reviewing the audit conducted by internal auditors and supervising the implementation of the follow-up by the Board of Directors on the findings of the internal auditor;
6. Reviewing the implementation of risk management activities carried out by the Board of Directors;
7. Assessing complaints relating to accounting and financial reporting processes of the Company;
8. Reviewing and providing advice to the Board of Commissioners in relation to the conflict of interest
   possibility in the Company;
9. Maintaining the confidentiality of documents, data, and information of the Company.