EBG.audit.risk committee charter.110903

EUMUNDI BREWING GROUP LIMITED AUDIT AND RISK COMMITTEE CHARTER EUMUNDI BREWING GROUP LIMITED AUDIT AND RISK COMMITTEE CHARTER thAs approved by the board of directors on the 11 day of September 2003 1. PURPOSE OF CHARTER 1.1 The Audit Committee Charter sets out the role, composition, authority, responsibilities and operation of the Audit Committee of the Board of Eumundi Brewing Group Ltd (“EBG”) and all controlled entities (“the EBG Group”). 1.2 This charter is available to all shareholders of the company upon request. 2. DEFINITION AND OBJECTIVE OF THE EBG AUDIT AND RISK COMMITTEE 2.1 The Audit and Risk Committee (“the Committee”) is a Committee of the EBG Board (“the Board”) 2.2 The Committee’s primary function is to assist the Board in discharging its responsibility to exercise due care, diligence and skill in relation to the EBG Group in the areas of: ( a) application of accounting policy and reporting of financial information to shareholders, regulators and the general public; (b) establish systems of risk oversight and business risk management and internal and external control systems, including business policies and practices; (c) corporate conduct and business ethics, including Auditor Independence and ongoing compliance with laws and regulations; and (d) Ensuring that investors are informed of material ...