Orizon Sustainability and ESG Initiatives slide image

Orizon Sustainability and ESG Initiatives

ORIZON ||| = ABOUT US NATURAL CAPITAL GOVERNANCE HUMAN CAPITAL SOCIAL PLATFORM PERFORMANCE GRI SUMMARY < 39 > GOVERNANCE STRUCTURE Board of Directors Supervisory Board Audit Committee Ethics Committee Executive Officers ETHICS COMMITTEE This is an independent, autonomous and permanent collegiate body, elected and dismissed by the Board of Directors at any time. The Ethics Committee is composed of three members elected for mandates of one year, with reelection being permitted. It is responsible for supervising the personnel management, and reviewing the Code of Ethics and other internal regulations and policies related to the Compliance Program, with which its members should be aligned and committed to. The members of the committee must have an unblemished reputation, an education compatible with the attributes or a minimum of professional experience, having exercised functions similar to those which are to be performed during their mandate, or having combined skills and experiences that are of interest to the Company at the time of their appointment. They should also have no conflicts of interest with the Company and have time available to properly dedicate themselves to the role and responsibilities. EXECUTIVE OFFICERS This body implements the Company's strategies and directives once approved by the Board of Directors. The Company has three Executive Officers (CEO, CFO and COO). The Executive Officers are evaluated with respect to their main responsibilities, including the monitoring of the Company's operation and performance and the quality of the decisions. The CEO of Orizon should provide guidance for fulfillment of the directives established by the shareholders and board members, and supervise the Company's operations, which include, albeit implicitly, impact management. The CEO is assisted by the board members, other executive and non-executive officers, and the managers from the different departments. GRI 2-13
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