Assessment of reliability and efficiency of the RM&ICS for 2023

The Internal Audit Department conducts an annual internal independent assessment of how effective the RM&ICS is.

The results of the RM&ICS efficiency assessment and recommendations designed to improve thereof are included in the internal auditor’s report submitted annually for consideration by the Company’s governance bodies.

The internal audit report on the assessment of the performance of the RM&ICS for 2023 was reviewed at the meeting of the Board of Directors (Minutes No. 552/2024 dated 24 April 2024). At year‑end 2023, the maturity level of the RM&ICS is assessed as “optimal” (the average score for all criteria was 5.0 points).

The effectiveness of the RM&ICS for the reporting year was assessed in accordance with the updated Methodology for assessing the reliability and effectiveness of the risk management and internal control system; therefore, the RM&ICS maturity level compared to the previous year is not assessed.