The Audit Committee is a special committee of the General Supervisory Board and shall accompany the financial subjects of the company and permanent following of the external auditor activity the internal auditor and internal control systems. The works of the Audit Committee are ruled by an internal regulation.
Mission
The Audit Committee, constituted by decision of the general supervisory board on February 21st 2012, has as mission to follow and oversee on a permanent base:
> The financial issues of EDP;
> The internal proceedings regarding auditing issues and accounting practices followed by EDP;
> Issues related to the system of internal control of financial information and risk management process;
> The activity and independence of the statutory auditor and external auditor of EDP.
The Audit Committee is composed of independent members from the General Supervisory Board with the training and competency requirements, in a minimum of three, including a member with an adequate university degree for these functions and knowledge on auditing and accounting.
Members of the Audit Committee
Eduardo de Almeida Catroga (Chairman)
Vítor Fernando da Conceição Gonçalves
António Sarmento Gomes Mota
Manuel Fernando de Macedo Alves Monteiro