Governance

The Internal Audit function is an independent unit reporting directly to the Board of Directors. It evaluates the Company’s internal controls, reviews processes for adequacy and effectiveness, and reports findings to the Board, the Audit and Risk Committee, and management.

Audit work is carried out according to an annual plan approved by the Board, with special audits conducted as needed. Internal Audit, together with documented self-assessments by divisions and subsidiaries, provides management with assurance and insights into the internal control system, helping to identify and address potential weaknesses in a timely manner.