200 O N E R E P O R T 2 0 2 2 OVERVIEW BUSINESS OVERVIEW AND PERFORMANCE CORPORATE GOVERNANCE FINANCIAL INFORMATION SUSTAINABLE BUSINESS DEVELOPMENT procedures prior to submission and presentation to Audit Committee for final discussion prior to submission and presentation to the Board of Director for the approval. 4. Consider changes to the risk profiles arising from any changes from the approved strategic business plans of the Company and notify Audit Committee on any relevant matters deemed to be of major importance. 5. Oversee the reporting and always monitoring of risks, namely: Each risk is assigned a risk owner responsible for management, monitoring and reporting of risks particularly significant risks mitigation/ action plans are acted upon, monitored and addressed. 6. Review quarterly Enterprise Risk Management and Business Continuity Management (BCM) reports (relating to the Company’s enterprise risk profiles, progress of risk management activities, and the assessment of the Company’s key risks and the status of the BCM programme and incident reports). 7. Provide a risk management working group as necessary by supporting manpower budget and other necessary resources including the availability of various systems related to be ensured which are adequate and consistent with the scope of responsibility for risk management in all matters. 8. Ensure that adequate risk management training/ awareness sessions are in place to support the Company’s employees in their understanding of risk management and fulfillment of risk management practices. 9. Ensure that adequate Business Continuity Management training/ awareness sessions are in place to support all employees in their understanding of the BCM programme and familiarity of their respective roles and responsibilities in the event of a disruptive incident. 10. Ensure that the Business Management Continuity programme and crisis management/ response plans are tested and audited periodically to ensure the effectiveness and preparedness of response during a crisis. Information of Management Management Structure Excutive Chairman Chief Executive Officer Executive Chaiman serves as Chairman of the Management and has responsibilities for administering business direction and business policy in overall, while Executve Chairman is not in charge of overseeing the business operation and/or day-to-day management of the Company. Management, defined by the Notifcation of the securities and Exchange Commission, means a Director, Manager or a person holding a Management-level-position of the first four ranking below the Manager, a person holding a position equivalent to the person holding a Management-level-position of the fourth ranking, including a person holding a Management-level-position in an accounting or finance department at the level of Manager of the department or higher or an equivalent position. Head of Business Development Head of Innovation Comercial and Technology Head of Government Relations Head of Corporate Safety Head of Inflight Services Head of Operational Quality Assurance Head of Guest Services Head of Ramp and Ground Service Equipment Chief Financial Officer Head of Flight Operations Head of Engineering
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