Self-assessment of the Board of Directors regarding the adoption of practices contained in current regulations:
i. Has been reviewed and validated by a third party external to the company.
Explanation: The Company does not adopt this practice, given that the company directly analyzes, deliberates upon and adopts agreements regarding the adoption of the practices contained in the current regulations. In any event, if needed the Company can contract external advisors for related matters, with the goal of adopting decisions based on the same.
|
NO |
ii. The person or team of people that conducted the review and validation possess the verified experience of at least 5 years in evaluating control processes and effectiveness, or in the provision of professional advisory or consulting services in the design and implementation of processes, risk management or continuous improvement.
Explanation: The Company does not adopt this practice for the reasons indicated in letter i. above.
|
NO |
iii. The entity or people who conducted the review and validation are supervised by the Superintendency or foreign public or private entity with similar competency.
Explanation: The Company does not adopt this practice for the reasons indicated in letter i. above.
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NO |
iv. The group or people who conducted the review and validation belong to an list established by the national stock exchange of entities that meet the conditions defined by the exchange to certify the self-assessment referred to in the current regulations.
Explanation: The Company does not adopt this practice for the reasons indicated in letter i. above.
|
NO |
