Internal Audit Organization and its operation

The company's internal deparment is manned with one auditing chief and some auditing members.

The audit organization directly under the Board of Directors. It is an independent unit.

The majority of the audit work is executed according to an annual plan, which needs to be approved

by the Board of  Directors. Special audits are conducted as needed. Audit Reports shall be submitted

to and reviewed by the Supervisors by the end of the month next following the completion of these
audits. Informing the Board during its ordinary meetings.