Risk Management System


The Company's business activities are affected by certain risks, including risks related to financial instruments, such as market risk (i.e. foreign currency risk and interest rate risk), credit, liquidity and business, which are monitored and managed by the Company through various policies , procedures and processes. Risk management can precisely provide assurance that the Company understands, measures and monitors various risks that arise and the Company adheres to, to the extent practicable, the policies, procedures that have been established to respond to those risks. The Company does not hedge against the portion of foreign currency risk exposure, because the risk of foreign exchange rates is not significantly exposed.