Audit Committee Charter 1010

COFFEY INTERNATIONAL LIMITED AUDIT COMMITTEE CHARTER 1. INTRODUCTION The Board of Coffey International Limited (“Coffey” or “the Company”) has established an Audit Committee (“Committee”). It is noted that the Committee is a sub-committee of the Board. The Committee has no decision making powers except where expressly provided by the Board. The Committee role is to review and make recommendations to the Board. 2. ROLE The role of the Audit Committee (“the Committee”) is to assist the Board in the discharge of its responsibilities with regard to independently verifying and safeguarding the integrity of Coffey’s financial reporting. 3. INTERFACE WITH THE RISK MANAGEMENT COMMITTEE Coffey International Limited has established separate Board Audit and Risk Management Committees. As such, there are some areas that span both committees’ responsibilities, thereby requiring effective interfaces between the Committees to support discharge of their respective responsibilities. The primary objective of the Risk Management Committee is to assist the Board in the discharge of its responsibilities with regard to risk oversight and management. In delivering on this objective, the Committee will oversee all material risks and associated management plans and monitor the effectiveness of Coffey’s risk management framework. The key areas where both Committees have common responsibilities are risk management, compliance and internal control including ...