Audit Committee

Audit Committee

The composition of the Audit Committee, in accordance with the provisions of art. 44 of Law 4449/2017, is an independent committee by the Board of Directors of the Company, consisting of two independent persons, within the meaning of the provisions of art. 4 of Law 3016/2002, one from the Company and an independent one, within the meaning of the provisions of art. 4 of Law 3016/2002, a non-executive member of the Board of Directors.

The Chairman of the Audit Committee is appointed by its members or elected by the General Meeting of the Company's shareholders and is independent of the Company.

At least one member of the Audit Committee is a chartered accountant on suspension or in retirement or has sufficient knowledge of auditing and accounting.

The members of the Audit Committee as a whole have sufficient knowledge in the field in which the Company operates.

The duties and responsibilities of the Audit Committee are described in Law 4449/2017 as follows:

The main task of the Audit Committee is to:

  • inform the Board of Directors of the Company about the result of the statutory audit and explain how the statutory audit contributed to the integrity of the financial information and what was the role of the Audit Committee in this process,
  • monitor the financial information process and submit recommendations or proposals to ensure its integrity
  • monitor the effectiveness of the Internal Audit Systems, quality assurance and risk management of the company and, where appropriate, of its Internal Audit department, regarding the financial information of the Company without violating its independence,
  • monitor the statutory audit of the annual and consolidated annual financial statements and in particular its performance.

maps and flags  Likovriseos 7, Metamorfosi 14452

phone call  210 - 2826825

fax210 - 2818574


Ικτίνος Ελλάς Α.Ε. - Επενδυτικές Σχέσεις