To promote effective governance of the Company, the following organizational structure is in place for the execution of NMRC’s Corporate Governance Strategy.
The Board of Directors provides oversight of the Internal Control and Risk Management policies and practices of NMRC. The Board is supported in its oversight function by the various Board Committees. The Committees’ roles and responsibilities are set out in their respective charters (the “Charters”). The Charters are reviewed and updated periodically to ensure their contents remain relevant in contemporary industry operations. The Charters also define the roles, responsibilities, scope of authority, composition and procedures for reporting to the Board.