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Internal Control System

Safe & effective
operation

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Fourlis Group

Internal Audit department

High business ethics

The Internal Audit Department operates according to articles 15 and 16 of law 4706/2020, the Hellenic Corporate Governance Code that the Company has voluntarily adopted and provisions of the Internal Regulation Charter. The Internal Audit Charter that has been approved by the Company’s Board of Directors describes the responsibilities, duties and obligations of the Internal Audit Department in relation to the above framework.

The Internal Audit Department is an independent organizational unit within the company Fourlis Holdings SA in order to monitor and improve its functions and policies regarding the Internal Audit System.

Internal Audit System is the set of internal control mechanisms (safeguards) and procedures, including risk management, internal control and regulatory compliance, which continuously covers every activity of the Company and contributes to its safe and effective operation.

Internal Audit Charter

Risk Management
Unit

The mission of the Risk Management Unit (RMU) is the substantial contribution to the development of a modern operational framework at all organizational levels, for the acknowledgement, assessment and management of the risks faced by the Company. The RMU ensures that the risks undertaken by the Company’s units are consistent with the disposition for taking risks and with the tolerance limits which the senior administration shall specify and form.

Charter of Risk Management Unit PDF 472.3KB

Regulatory Compliance Unit

The Regulatory Compliance Unit constitutes an independent organizational unit operating within the Company, and also constitutes separately the 2nd defense line aiming at the establishment and implementation of the proper and updated policies and procedures, so that the full and continuous compliance of the Company with the relevant applicable and effective institutional and supervisory framework can be timely achieved, and a full picture about the extent of fulfilment of this purpose shall exist at any time. 

Charter of Regulatory Compliance Unit PDF 490.7KB

Information Security Unit

The Information Security Unit is responsible for the preparation and implementation of Information Security strategy, along with security operations, cyberrisk mitigation and defense, data loss prevention, security architecture, identity and access management, program management and governance.

FOURLIS Group Information Security Risk Management Methodology

Codes &
Policies

Equal Opportunities and Diversity Policy PDF 171.6KB Sustainable Development Strategy & Policy PDF 230.0KB Summary of the Charter of Operations PDF 811.2KB Human Rights Policy PDF 727.8KB Charter of Operations PDF 811.2KB Code of Conduct PDF 309.5KB Remuneration Policy PDF 150.1KB Fit & Proper Policy PDF 150.1KB Conflict of Interest Policy PDF 1.0MB Code of Conduct Line – Whistleblowing System PDF 92.0KB Fourlis group Supplier Code of Conduct PDF 129.8KB Fourlis group General Personal Data Policy PDF 145.9KB

External Independent Evaluation of Internal Control System

The first evaluation of the ICS has been assigned to Grant Thornton (TIN 094399329) and aimed at ensuring the adequacy and effectiveness of the Company's ICS, in accordance with the provisions of article 14 par.3 lit.i and par.4 of L.4706/2020, the Decision No.1/891/30.09.2020 of the Board of Directors of the Hellenic Capital Market Commission, as well as the Decision No. 2/917/17.06.2021, which has amended the Dec.1/891. The entire project has been directed by Mrs Athina Moustakis, Partner holding the Reg.No. 28871 in the Institute for Certified Public Accountants, who participated in all its stages and was responsible for the final approval, signing and execution of the deliverables. The conclusion of Adequacy and Effectiveness Evaluation Report of the ICS was unqualified (without reservation), given that no substantial deficiencies have been detected and the relevant Detailed Report dated 6/3/2022 has been submitted to the Board of Directors and to the Company's Audit Committee, whereas its summary has been submitted to the Hellenic Capital Market Commission.

Reports & Statements

Transparency, accountability, and informed decision-making

Access essential corporate documents that reflect our commitment to transparency and accountability. Our reports and statements provide clear, reliable information to stakeholders and the public.

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