The Early Risk Assessment Committee, which reports to the Board of Directors, is responsible for determining at an early stage all the operational, strategic, financial and compliance risks that may jeopardize the Company’s existence, development and continuity; taking the necessary measures concerning the risks thus identified; developing the necessary policies to execute the risk management processes; managing and reporting risks in accordance with the Company’s risk taking profile. The Committee is established and authorized by the Board of Directors in accordance with the Company’s Articles of Association and applicable legislation. It convenes as often as required by the duties assigned to it, evaluates the situation in its reports to the Board of Directors, points out any threats and recommends solutions.