Information about the risk management system of AlES JSC

The Company recognizes the importance of developing a risk management system and procedures as a key element of corporate governance aimed at timely identification, assessment, monitoring and mitigation of potential events that may negatively affect its financial stability and reputation.

In order to organize risk-oriented management, timely response to changes in the external and internal environment, as well as reduce possible losses when risks materialize, the Company ensures the implementation and improvement of the corporate risk management system: risk coordinators of structural divisions responsible for risk management have been appointed, The Risk Committee for preliminary consideration and approval of issues related to risk management, reports on key risk management are generated quarterly, and internal regulatory documents on risk management are updated.