The purpose and responsibilities of the Board of Directors are to:

• Define strategic goals, objectives and policies to meet the requirements of shareholders, customers and regulatory authorities .

• �Ensure the availability of the appropriate resources of finance, infrastructure and personnel to achieve the company commitments and objectives.

• �Ensure measuring and evaluating on a continuing basis, and making changes that improve the system and the culture.

• Create a common set of values and sense of purpose throughout the company, centered on teamwork and continuous improvement.

• �Define and communicate the responsibilities and authorities within which the company and employees will operate.

• Define, communicate, measure, review and improve the �business management system.

• �Monitor all sources and willing to make changes as necessary, to keep the management system of� the organization refreshed and strongly focus on safe and secure operations.

• �Establish, communicate and review Quality, Cost, Delivery and People objectives, consistent with company policies, for all functions and levels of the business.