The Executive Committee is responsible for managing the supervision of strategy, investment and financing policies of the Group. Executive Committee responsibilities include, among others, ensure the resolutions of the Board are properly implemented, to review the initial investment proposals of the Investment Team for later presentation to the Council and receive periodic progress reports from the Management.

Executive Committee responsibilities include:

• Ensure the Board resolutions are properly implemented;
• Review initial investments proposals of the Investment Team for further presentation to the Board;
• Receive periodic progress reports from the Management for further presentation to the Board;

The Executive Committee meets formally at least four times a year, or more often if necessary.

Audit Committee is responsible for management the supervision of accounting, risk management and supervision and internal and external Group audit matters.

The Audit Committee meets formally at least four times a years, including once a year with the external auditor.

The Remuneration Committee monitors and guides the members of the Board in establishing the remuneration of directors, and the overall remuneration policy of the Group and evaluates the Management performance.

The Remuneration Committee meets formally at least once a year.

The corporate governance committee is responsible for ensuring that Assis Intertaional Holding (AIH) is in compliance with best practices corporate governance standards. This Committee is focused on five areas:

1. Risk Assessment;
2. Transparency;
3. Board Responsibility;
4. Auditing - Accounting standards;
5. Protection of minority rights, especially the rights of joint ventures partners of Assis International Holding (AIH) in associated companies.

The Corporate Governance Committee meets formally at least twice a year.