Training and Education of Board Members

The authority to develop training programme for members of the Board of Directors of the Company, with a view of their individual requirements, as well as supervision of the implementation of this programme, is vested in the Personnel and Remuneration Committee under the Board of Directors.

During discussion of the annual results of the performance review of the Board of Directors, the Committee considered the information regarding the balance of skills and expertise of Board members and areas for improvement for each one of them.