Board Committees

Below is a summary of our committee structure and membership information. To read more about any of the committees, click on committee names in the chart below.

Chairperson Member

Audit Committee

The Audit Committee is responsible for reviewing the Financial Statements and financial information of the Company, including its pension funds. As well, it is responsible for overseeing the accounting and financial reporting process and, in this regard, reviews, evaluates and oversees such processes; it is also responsible for evaluating the integrity of the Financial Statements and for overseeing the quality and integrity of internal controls.

To consult the full Audit Committee mandate, please click here.

Compliance Review and Corporate Governance Committee

The Compliance Review and Corporate Governance Committee (the “CRCG Committee”) is responsible for ensuring a high standard of governance, compliance and ethics in the Company, including its pension funds. In this regard, the CRCG Committee is responsible for overseeing the governance framework of the Company, it is also responsible for overseeing the compliance framework as well as the compliance programs of the Company including Related Party Transactions, its market conduct programs and policies, as well as the governance framework of its pension plans and the implementation of corporate compliance initiatives. In performing its oversight function over governance and over ethics and compliance, the CRCG Committee ensures that the Company meets its legal requirements and engages in Best Practices, as they may change from time to time.

To consult the full Compliance Review and Corporate Governance Committee mandate, please click here.

Human Resources and Compensation Committee

The Human Resources and Compensation Committee’s primary function is to assist the Board in fulfilling its governance supervisory responsibilities for strategic oversight of the Company’s human capital, including organization effectiveness, succession planning and compensation, and the alignment of compensation with the Company’s philosophy and programs consistent with the overall business objectives of the Company. Compensation includes base salaries, benefits, pension plans and incentive programs of the Employees, Management and Executives.

To consult the full Human Resources and Compensation Committee mandate, please click here.

Risk Management Committee

The Risk Management Committee’s primary function is to assist the Board with its oversight role with respect to the management of the Company in order to build a sustainable competitive advantage, by fully integrating the Enterprise Risk Management Strategy into all business activities and strategic planning of the Company and its subsidiaries and operations, including its pension funds.

The Risk Management Committee is responsible for defining the Company’s risk appetite while also monitoring the risk profile and performance of the Company relative to its risk appetite. In this regard, it also oversees the identification and assessment of the principal risks facing the Company and the development of strategies to manage those risks. The principal risks include strategic risk, insurance risk, financial risk, and operational risk.

The Risk Management Committee monitors compliance with Risk Management policies implemented by the Company while ensuring an appropriate balance of risk and return in pursuit of the company’s strategic business objectives.

To consult the full Risk Management Committee mandate, please click here.