The Audit Committee performed a review of: – the global finance organisation, – the financial statement releases for the full year and interim financial reports, – the Annual Report including the statements of financial, social and environmental performance, and the Form-– the bi-annual risk management reporting, – the risk reporting process, – the company’s financial counterpart exposure in the compa ny’s treasury policy, and approved an update hereto, and – the appropriateness of the insurance coverage regarding property, business interruption and product liability .