QFMA

Coorporate Governance

Following admission, the company intends to comply with all corporate governance requirements as stipulated in the OIHG’s Corporate Governance Code for shareholding companies listed in the main market (the OIHG Code) or in periodic corporate governance statements issued by the company. The OIHG Code is a "comply-or-explain" regime, pursuant to a company to which the OIHG Code applies is permitted to deviate from the requirements of the OIHG Code provided and to the extent it discloses the fact of, and its reasoning for, such non-compliance.

The company has implemented a corporate governance, risk management and financial reporting framework focused on delivering an accurate, detailed and timely view of the business across all regions in which it operates and business divisions. The framework comprises a robust structure of governance policies and controls with:

• clear standards for protecting and safeguarding assets
• detailed and enforced compliance procedures
• clearly defined disbursement authorization matrix
• measures to ensure accountability and timely disclosures
• code of conduct and conflict of interests policies
• Clearly defined duties, responsibilities and authorities of the members of the Board of Directors