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2.
Disclose the objectives of the social responsibility adopted by the Company to its
employees, raise their awareness thereon and educate them;
3.
Disclose social responsibility plans in periodic reports related to the Company's
activities;
4.
Develop a social responsibility strategy and strive for sustainable social impact;
5.
Oversee all corporate social responsibility activities and issues including health and
safety, environmental issues, and employee rights;
6.
Supervise and make recommendations on the diversity of social responsibility
programs and activities, including the transformation of social responsibility activities
to a non-profit organization and the development of procedures and frameworks that
contribute to achieving this goal;
7.
Oversee vital programs and activities aimed at strengthening Savola's community
relations and developing community awareness programs to promote corporate social
responsibility;
8.
Review and approve charitable contributions related to social responsibility work;
9.
Provide the Board with appropriate recommendations regarding the duties overseen by
the Committee; and oversee and follow up any other major social responsibility activities;
10.
Supervise and review the preparation of performance reports of social responsibility;
11. Assume any other responsibilities and duties assigned to it by the Board within the
purposes and scope of the Committee's work.
Eleventh.
Disclosure and Transparency
a)
Disclosure and Transparency Policy
1)
Purpose
The purpose of this disclosure and transparency policy is to ensure that Savola Group
guarantees that timely and accurate disclosure is made on all material matters, including
the financial situation, performance, governance, reporting of rules pertaining to
disclosure of information, methods of classification of information, and the frequency of
disclosure.
2)
Disclosure of Material Information
Material information is defined as any information relevant to Savolas’ status,
activities, its performance level and the information, which is expected to directly
affect a major change in the stock exchange conditions or in Savola Group stock rate.
Therefore, it is important to disclose such information in line with the rules and
regulations.
Savola Group has established a group of procedures, which are intended to be
followed across Savola’s communication. These procedures are:
Preparing announcements and press release drafts in accordance with the
CMA requirements.
