Vittia Annual Report 2022 slide image

Vittia Annual Report 2022

VITTIA Internal controls We are permanently attentive to our structure of internal controls and, therefore, our operational structure, internal controls and risk management is being improved, in order to evolve in the effectiveness of the Corporate Risk Management Policy. Among the main control points, we highlight: ► Internal policies and rules. ► Compliance and anti-corruption actions. Availability of the reporting channel, with continuous improvement. ► Performance of the Ethics Committee, with quarterly meetings to discuss all the complaints received by the complaints channel and the actions for the due dealings. ► Structuring of the Internal Audit, with a risk- based scope of action and periodic reporting to the Board of Directors, in accordance with the best corporate governance practices. We seek to improve the processes and practices of internal controls and risk management, always aiming at greater security and risk mitigation and with the aim of improving the Organization's control levels. In this sense, in 2022, we started a project with specialized consultancy to structure the Internal Audit Policy, well as the documentation of internal controls and process review. as Corporate policies We have a series of corporate policies, which standardize and bring order and regulation to various activities, among which we can highlight: ► Trading Policy (for trading the Company's securities, by its shareholders and managers). ► Disclosure Policy (which establishes the rules for disclosing relevant acts and facts of the Organization). ► Related Party Transactions Policy. ► Remuneration Policy. ► Nomination Policy (for nomination of managers and members of the Board of Directors' advisory committees). ► Corporate Risk Management Policy. ► Innovation Policy. ▸ Occupational Safety Policy. ► Information Security Policy. Annual Report 2022 37
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