The Internal Control System (the “ICS”) is the set of rules, procedures and organisational structures through which Augustea aims to assure:

• an adequate process of identification, measurement, management, monitoring and minimisation of the main risks;
• the efficiency and effectiveness of business processes and transactions;
• the reliability of financial information, i.e. the soundness and fairness of the book-keeping entries and of the financial reporting system;
• the protection of corporate assets;
• the compliance with laws, rules and regulations;
• the exhaustive and comprehensive application of risk assessment;
• proper mechanisms of assurance to enforce the continuous alignment of the system to the corporate management and control needs.

The founding principles of the ICS are