Corporate Governance Committee Regulation

The Corporate Governance Committee determines whether the corporate governance principles are fully implemented in the company, if not, determines the reasons thereof and the conflicts of interest arising from the failure to fully comply with these principles, makes recommendations to the board of directors to improve corporate governance practices and oversees the activities of the investor relations department.

The duties of the Corporate Governance Committee are as follows:

1. Determining whether the corporate governance principles are fully implemented in the Company, if not, the reasons thereof and the conflicts of interest arising from the failure to fully comply with these principles, and making recommendations to the board of directors to improve corporate governance practices;

2. Overseeing the work of the investor relations department;

3. Until a separate Nomination Committee is established within the Company, the Nomination Committee will replace the Nomination Committee;

a) Establishing a transparent system for the identification, evaluation and training of suitable candidates for the board of directors and managerial positions with administrative responsibilities and determining policies and strategies in this regard;

b) Making regular evaluations on the structure and efficiency of the board of directors and submitting its recommendations to the board of directors regarding possible changes to be made in these matters;

fulfills its duties.

4. To replace the Remuneration Committee until a separate Remuneration Committee is established within the Company;

a) Determining the principles, criteria and practices to be used in the remuneration of the members of the board of directors and executives with administrative responsibilities, taking into account the long-term goals of the company, and overseeing these;

b) Submitting proposals to the board of directors regarding the remuneration of board members and executives with administrative responsibility, taking into account the degree of achievement of the criteria used in remuneration,

fulfills its duties.