AUDIT COMMITTEE

At the election of the Board of Directors, the General Assembly also elects a three member Audit Committee which has a term of two (2) years. The purpose of this committee is to review the financial management exercised by the Board of Directors before the expiration of its term and whenever it is required by its members. Pursuant to article 6.1 of the present, members of the Board of Directors can not be elected as members of the Audit Committee.

AUDIT COMMITTEE