6.
approval
of
the
risk
appetite
and
risk
tolerance
of
the
company
as
well
as
of
the
procedure
for
the
identification,
assessment,
monitoring,
management
and
reporting
of
the
significant
risks
that
the company is or could be exposed to;
7.
insurance
of
the
preparation
of
activity
continuity
plans
and
emergency
situations
plan
and
their
half-yearly assessment.
j)
setting
up
other
companies
or
legal
entities,
including
participation
to
the
share
capital
of
other
companies, under the conditions foreseen by the law
;
k)
pledging,
rental,
setup
of
real
estate
guarantees
and
mortgaging
the
company’s
property,
under
the
following condition
:
•
the
purchase,
sale,
exchange
or
guarantee
setup
of
certain
assets
in
the
fixed
assets
category
of
the
issuer,
whose
value
exceeds
either
individually
or
cumulated,
20%
of
total
fixed
assets
value
over
one
financial
year,
less
liabilities,
are
concluded
by
the
Board
of
Directors
or
directors
of
the
company,
only
after
being
previously
approved
by
the
extraordinary
general
meeting of shareholders
.
•
the
rental
of
tangible
assets,
for
a
period
over
one
year,
whose
individual
or
cumulated
value
with
the
same
contracted
party
or
individuals
involved,
or
acting
in
a
concert
manner
exceeds
20%
of
total
tangible
assets
value,
less
liabilities
on
the
date
the
legal
document
is
singed,
as
well
as
associations
over
a
period
longer
than
one
year,
exceeding
the
same
value,
are
to
be
previously approved by the extraordinary general meeting of shareholders
.
l)
approval
of
the
exceeding
of
the
limit
foreseen
by
Law
no.
31/1990,
with
the
approval
of
the
competent
authority,
in
compliance
with
the
regulations
issued
by
it,
for
the
buy-back
of
own
shares
issued
in
compliance
with
art.
4
Law
133/1996,
in
the
property
of
initial
holders.
The
bought-back
shares
can
be
used,
based
on
the
resolution
of
the
board
of
directors,
with
the
approval
of
the
competent
authority
for
the
purpose
of
diminishing
the
capital
or
regulating
the
course
of
own shares on the capital market
.
Other attributions of the Board of Directors:
(a)
drafting general investment policies;
(b)
integration of sustainability risks within following activities:
✓
application
of
general
investment
policies,
as
defined
by
the
Fund
Rules,
in
the
Memorandum
of Association and Issue Prospectus;
✓
approval of the investment strategy;
✓
approval
and
regular
examination
of
the
adequate
nature
of
internal
procedures
for
the
adoption
of
investment
decisions
for
EVERGENT
Investments,
to
make
sure
that
these
decisions
are
in
accordance with approved investment strategies;
✓
insurance
and
regular
verification
that
the
general
investment
policy,
investment
strategies
and
risk limits of EVERGENT Investments are properly and efficiently applied and abided by;
✓
approval
and
regular
examination
of
the
risk
measurement
policies,
processes
and
techniques
for their application, including the risk limit system of the Fund;
✓
setting
and
application
of
assessment
policies,
in
accordance
with
art.
19
Directive
2011/61/EU;
✓
making sure that the Fund has a permanent and efficient compliance verification function;
✓
setting
and
application
of
a
remuneration
policy
that
is
consistent
with
the
provisions
in
Annex
II Directive 2011/61/EU.
(c)
Bank loan contracting;
(d)
conclusion
of
contracts
with
the
depository,
auditor
and
the
entity
that
keeps
the
shareholders’
records
;
(e)
assigning
the
company
representation
right
to
other
managers,
setting
the
limitations
of
the
mandate as well
;
