ÇELEBİ AR19-270720 (1)

37 Çelebi Ground Handling Inc. 2019 Annual Report 4.1.2 - The agenda and minutes of board meetings indicate that the board of directors discussed and approved strategy, ensured resources were adequately allocated, and monitored company and management performance. X 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 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.