The Board of Directors is established to oversee the company’s operations for the highest benefit of the company and its stakeholders. The Board shall recognize its authority, duties, and responsibilities to ensure compliance with policies, laws, objectives, and the company’s regulations, as well as resolutions of the Board of Directors and shareholders’ meetings. Directors must perform their duties with responsibility, due care, honesty, and integrity, in the same manner as a prudent businessperson would act under similar circumstances, and exercise their judgment with independent commercial consideration, free from undue influence arising from their position as directors.

Therefore, the Board of Directors has established a Board Charter to ensure that all directors are aware of their duties and responsibilities and perform them correctly and completely, with clear delineation of roles, duties, and responsibilities of the Board.