1. PURPOSE And SCOPE
The purpose of the Early Detection of Risk Committee established within the body
of Metro Ticari ve Mali Yatırımlar Holding A.Ş. Board of Management is;
To bring suggestions and make recommendations regarding the determination,
definition and prioritization by calculating the affects and possibilities, the
monitoring and review of strategic, financial, operational risks and opportunities,
which may affect the activities of the Company; the managing of such risks, which
might be exposed to and of the opportunities to benefit from in parallel and desire
of the company risk profile, their reporting, considering in decision mechanisms.
2. STRUCTURE OF THE COMMITTEE
Early Determination of a Risk Committee; consists of minimum 2 non-executive members
of the Board of Directors, whereas the President will be one of the independent
members of the Board of Directors.
Early Detection of Risk Committee and its members are selected by the Board
of Directors.
3. DUTIES, AUTHORITY and RESPONSIBILITIES
Among the authorizations of the Committee are;
The monitoring of any type of risk factors and opportunities for the purpose
of their determination according to their affects and possibility ranking, their
management and correction, which may be encountered in the activities of the company;
the coordination with primarily internal control and internal audit departments,
To bring proposals and to assist to the Board of Directors during the review and
evaluation of risk management systems,
To review the risk management systems minimum once a year,
To determine and follow up of the priorities in the integration of internal
control systems into the company and their activation,
To control risk factors and opportunities within the scope of risk management
and to ensure, that the Board of Directors receive a report regarding conformity,
Early determination of the risks.
The Committee will act within the frame of its own authorization and responsibility
and make recommendations to the Board of Directors, whereas the Board of Directors
will have the responsibility for final decisions.
4.VALIDITY
Duty and Working Principles of the Early Detection of Risk Committee come into force
with the approval of Board of Directors.