The Board of Directors established an Audit Committee to support it in its responsibilities in managing risk, internal controls and governance. 

The Committee’s terms of reference of the Audit Committee establish the composition, role and function of the Committee, its authority powers and responsibilities as well as the processes it is required to comply with. The Committee is a sub-committee of the Board and directly responsible and accountable to the Board. The Audit Committee is composed of the following Directors:

Mr Joseph Schembri – Chairman and member competent in accounting

Mr Silvio Mifsud

Mr Calvin Bartolo

The above are non-executive directors of the company.