CELEBI GROUND HANDLING ANNUAL REPORT 2018

37 Çelebi Ground Handling 2018 Annual Report Company Compliance Status Explanation Yes Partial No Exempted Not Applicable 4.2. ACTIVITIES OF THE BOARD OF DIRECTORS 4.2.1 - The board of directors documented its meetings and reported its activities to the shareholders. X 4.2.2 - Duties and authorities of the members of the board of directors are disclosed in the annual report. X 4.2.3 - The board has ensured the company has an internal control framework adequate for its activities, size and complexity. X 4.2.4 - Information on the functioning and effectiveness of the internal control system is provided in the annual report. X 4.2.5 - The roles of the Chairman and Chief Executive Officer are separated and defined. X 4.2.7 - The board of directors ensures that the Investor Relations department and the corporate governance committee work effectively. The board works closely with them when communicating and settling disputes with shareholders. X 4.2.8 - The company has subscribed to a Directors and Officers liability insurance covering more than 25% of the capital. X 4.3. STRUCTURE OF THE BOARD OF DIRECTORS 4.3.9 - The board of directors has approved the policy on its own composition, setting a minimal target of 25% for female directors. The board annually evaluates its composition and nominates directors so as to be compliant with the policy. X X There is a female member at the Board of Directors of our Company. Although a policy has not been established yet, our Company strives to increase the number of female members. 4.3.10 - At least one member of the audit committee has 5 years of experience in audit/accounting and finance. X