60 Good Corporate Governance Principles and Code of Business Ethics (Edition 2022) Duties to Shareholder 12. Oversee EGCO’s secure financial standing, with sound management and administration, and that there is constant improvement to maintain and enhance shareholders’ interest. 13. Oversee EGCO’s disclosure to investors, that it is accurate, complete, timely, reliable and transparent. 14. Ensure equality of conduct towards shareholders. 15. Do not disclose inaccurate information, nor conceal facts that should be disclosed concerning EGCO’s financial standing and performance. Duties to Creditor 16. Oversee EGCO’s compliance with loan agreement terms and conditions and shall not conceal EGCO’s financial status. 17. In case of doubts whether certain event may impact creditor, for instance that EGCO’s financial standing is not secure, or heading towards liquidation, Directors must urgently seek third-party expert advice. Duties to Stakeholders 18. Ensure EGCO’s compliance with laws and regulations, and prioritizing impact on the Personnel, stakeholders, community, society and the environment.
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