It is responsible for monitoring: the Company’s compliance with the law and bylaws, as well as compliance with proper management principles in the carrying out of the Company’s activities, the process of �nancial disclosure and the adequacy of the Company’s organizational structure, internal audit system, and administration and accounting system, the audit of the stand-alone and the consolidated �nancial statements and the independence of the external audit �rm and, lastly, how the corporate governance rules provided by the Corporate Governance Code are actually implemented.