Page 19 - Code Of Governance

2. Sponsorship activities must be revised by Holding’s Legal Consultancy Department
before the execution if necessary and by taking the written consent of General Manager of
the relevant company. This consent shall be taken from Coordinator of Human Resources
and Public Relations Department in Nurol Holding Inc. Co.

s. Disaster Management

1. NUROL has created a management process for occupational health and safety within
the framework of the relevant legislation for any potential threats against and their
impacts on itself.

2. This process is composed of emergency plan, risk plan, case management plan, business
recovery plan (for minimizing the impacts of any precipitating case), sustainability plan
and appropriate trainings for the facilities which are used by NUROL.

t. Risk Management

1. NUROL enables an effective risk management with the intent of execution of risk with
the aim of removing likelihood and effect of risks before they occur and dealing effectively
with the problems in case of emergence of the risk for all kinds of issues.

2. This policy covers monitoring, identification, analyzing, evaluating, mitigation and
reporting of the risk.

u. Operational Assurance Statement

1. Operational assurance is a process which is conducted by the Board of Directors in Nurol
Holding Inc. and by the relevant General Manager of the Group Companies. It provides
control and assurance regarding the compliance with NUROL’s Code of Governance.

2. NUROL carries out observation audit at the end of each year and reports check lists
prepared by Holding’s Internal Audit Department to Committee of Ethics and Discipline
in order to measure the compliance with Code of Governance within the scope of
operational assurance policy.

3. In case of a detection of a violation or nonconformity of Code of Governance as a
result of the audit, Holding’s Board of Directors and the relevant General Manager shall
immediately be notified by the Committee of Ethics and Discipline.

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