GOVERNANCE POLICY
At MBA, we recognize that strong governance is the bedrock of sustainable and responsible business practices. As part of our ongoing commitment to transparency, accountability, and ethical conduct, we are pleased to announce a renewed focus on enhancing our governance framework.
PURPOSE
MBA is committed to maintaining the highest standards of governance to ensure transparency, accountability, and ethical conduct in all our operations.
BOARD OF DIRECTORS
The Board provides strategic guidance, oversees management, and upholds the interests of shareholders.
Directors act in the best interests of the company, avoiding conflicts of interest.
ETHICAL CONDUCT
All employees, including management, adhere to ethical conduct and integrity.
Transparency in financial reporting and compliance with applicable laws and regulations.
RISK MANAGEMENT
A robust risk management framework is established to identify, assess, and mitigate risks.
Regular risk assessments are conducted to ensure the company's resilience.
COMPLIANCE
Compliance with all applicable laws, regulations, and industry standards is mandatory.
An ongoing commitment to monitor and update policies to reflect legal and regulatory changes.
SHAREHOLDERS RIGHTS
Protection of shareholders' rights and equitable treatment. Transparent communication with shareholders and respect for their feedback.
STAKEHOLDER ENGAGEMENT
Engagement with stakeholders is conducted transparently and ethically.
Consideration of social and environmental impacts in decision-making.
BOARD COMMITTEES
The establishment of committees to enhance governance effectiveness, such as Audit, Compensation, and Nominating committees.
Committees operate with independence and report to the Board.
INFORMATION SECURITY
Protection of sensitive company information and stakeholder data.
Implementation of cybersecurity measures to safeguard against data breaches.
CONTINUOUS IMPROVEMENT
Regular review and enhancement of governance practices.
Commitment to adapt to evolving legal and ethical standards
Committees operate with independence and report to the Board.
WHISTLEBLOWING
A commitment to a whistleblowing policy to encourage reporting of unethical behavior without fear of retaliation.
Protection for whistleblowers and fair investigation of reported concerns.
CODE OF CONDUCT
Development and adherence to a comprehensive Code of Conduct. Regular training to ensure understanding and compliance with the Code.