The Audit Committee assists the Board of Directors in overseeing the integrity of the Company’s financial reporting, internal control environment and financial risk management. Its responsibilities include overseeing the external and internal audit functions, the Company’s ethics and compliance program, compliance with applicable legal and regulatory requirements, the effectiveness of internal controls, financial reporting processes, and the Company’s insurance strategy and insurance coverage.
The Corporate Affairs Committee assists the Board of Directors in overseeing the Company’s sustainability strategy. Its responsibilities include overseeing sustainability, environmental, social and community matters, stakeholder engagement, human rights, climate-related initiatives, and talent management, organizational culture, diversity, equity and inclusion.
The Nomination and Compensation Committee assists the Board of Directors in overseeing executive and director compensation, Board composition and the Company’s corporate governance framework. Its responsibilities include reviewing the Company’s compensation framework and incentive plans, recommending Director nominations, Board succession planning and Committee composition, overseeing corporate governance matters, and leading the Board’s independence determinations and performance evaluation process.
The Technical Committee assists the Board of Directors by providing oversight and advice on the Company’s technical and operational activities. Its responsibilities include reviewing exploration, appraisal, development and production activities, the technical aspects of Strategic Opportunities and New Business Transactions, the annual Work Program and Budget, reserves reporting, higher-risk projects, and oversight of Health and Safety, Process Safety and Security matters.
