Amadeus IT Holding, S.A. and Subsidiaries - Investor relations at ...

50. That the Audit Committee shall be responsible for:
1. With regard to reporting systems and internal control:
a) Supervising the preparation and completeness of financial information relating to the
Company and, if applicable, the Group, ensuring that regulatory requirements are complied
with, the scope of the consolidated Group is suitably defined and accounting criteria are
correctly applied.
b) Regularly reviewing internal control systems and risk management in order to identify,
manage and recognize the main risks.
c) Ensuring the independence and effectiveness of the internal audit function by proposing the
recruitment, appointment, re-election or dismissal of the head of internal audit, drafting a budget
for this department, regularly gathering information on its activities and verifying that senior
management considers the conclusions and recommendations of its reports.
d) Establishing and supervising a mechanism that allows employees to report confidentially
and, if appropriate, anonymously, any irregularities with potential consequences – especially
those of a financial or accounting nature – that they observe in the Company.
2. With regard to the external auditor:
a) Submitting proposals to the Board relating to the selection, appointment, re-election or
substitution of the external auditor, as well as the suggested terms of the contract.
b) Regularly gathering information from the external auditor on the audit plan and the results
thereof, ensuring that senior management take any recommendations into consideration.
c) Ensuring the independence of the external auditor by:
i) Ensuring that the Company files a relevant event report when there is a change of auditor,
along with a statement on any differences that arose with the outgoing auditor and, if
applicable, the contents thereof;
ii) Ensuring that the Company and its auditor observe prevailing regulations on the provision of
non-audit services, restrictions to the concentration of the auditor’s business and, in general,
any other regulations established to assure auditor independence;
iii) If the external auditor resigns, making sure that the circumstances leading to this resignation
are examined.
d) In the case of groups, encouraging the assumption of responsibility by the group auditor for
the audit of group companies.
See sections: B.1.35, B.2.2, B.2.3 and D.3
Complies
51. That the Audit Committee may request the presence of any employee or manager of the
Company, even without the presence of any other management figure.
Complies
52. That the Audit Committee shall report to the Board, before adopting the corresponding
decisions, on the following issues indicated in Recommendation 8:
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