Supervisory Committee
Our Supervisory Committee is responsible for reviewing and supervising our administration and affairs, and verifying compliance with the by-laws and the decisions adopted at shareholders’ meetings pursuant to the provisions of the General Companies Law. The members of the Supervisory Committee are appointed at the annual general ordinary shareholders’ meeting for a term of one year. The Supervisory Committee is composed of three members and three alternate members.
The following table shows information about the members of our Supervisory Committee, who were elected in the annual general ordinary shareholders’ meeting which was held on October 5, 2023:
| MEMBER | POSITION | DATE OF BIRTH |
| José Daniel Abelovich | Regular Member | 07/20/1956 |
Mr. Abelovich obtained a degree in Accounting from University of Buenos Aires (Universidad de Buenos Aires). He is a founding member and partner of Abelovich, Polano & Asociados S.R.L., firm member of Nexia International. Formerly, he had been a manager of Harteneck, López y Cía/Coopers & Lybrand and has served as a senior advisor in Argentina for the United Nations and the World Bank. He is a member of the Supervisory Committees of IRSA Propiedades Comerciales S.A., IRSA Inversiones y Representaciones Sociedad Anónima, Hoteles Argentinos, and Banco Hipotecario, among other companies. | ||
| Marcelo Héctor Fuxman | Regular Member | 11/30/1955 |
Mr. Fuxman obtained a degree in Accounting from University of Buenos Aires (Universidad de Buenos Aires). He is a partner of Abelovich, Polano & Asociados S.R.L., firm member of Nexia International. He is also member of the Supervisory Committees of IRSA Propiedades Comerciales S.A., IRSA Inversiones y Representaciones Sociedad Anónima, Inversora Bolívar, and Banco Hipotecario, among other companies. | ||
| Noemí Cohn | Regular Member | 05/20/1959 |
Mrs. Cohn obtained a degree in Accounting from University of Buenos Aires (Universidad de Buenos Aires). Mrs. Cohn is a partner at Abelovich, Polano & Asociados S.R.L., firm member of Nexia International, a public accounting firm in Argentina, and works in the audit area. Mrs. Cohn worked in the audit area in Harteneck, Lopez y Cía., Coopers & Lybrand in Argentina and in Los Angeles, California. Mrs. Cohn is member of the Supervisory Committees of IRSA Propiedades Comerciales S.A. and IRSA Inversiones y Representaciones Sociedad Anónima, among other companies. | ||
| Roberto Murmis | Alternate Member | 04/07/1959 |
Mr. Murmis holds a degree in Accounting from University of Buenos Aires (Universidad de Buenos Aires). Mr. Murmis is a partner at Abelovich, Polano & Asociados S.R.L., firm member of Nexia International. Mr. Murmis worked as an advisor to the Public Revenue Secretariat, Argentine Ministry of Economy. Furthermore, he is a member of the Supervisory Committees of IRSA Propiedades Comerciales S.A., IRSA Inversiones y Representaciones S.A., Futuros y Opciones.Com S.A. and Llao Llao Resorts S.A., among other companies. | ||
| Cynthia Deokmelian | Alternate Member | 06/08/1976 |
Mrs Deokmellian obtained a degree in accounting from Universidad de Buenos Aires. She is a Director of the Audit department of Abelovich, Polano y Asociados S.R.L. / Nexia International, an accounting firm in Argentina. Mrs. Deokmellian worked in the Audit department of KPMG in Argentina for more than 23 years. | ||
| Paula Sotelo | Alternate Member | 08/10/1971 |
Ms. Sotelo obtained a degree in accounting from Universidad de Buenos Aires. She is a Director of the Audit department of Abelovich, Polano y Asociados S.R.L. / Nexia International, an accounting firm in Argentina, Ms. Sotelo worked for KPMG in Argentina and also New York. | ||
All members of the supervisory committee qualify as independent, in accordance with Comisión Nacional de Valores’ Resolution No. 400/2002.
Audit Committee
In accordance with Law 26,831 and the regulations of the Comisión Nacional de Valores, our board of directors established an audit committee which will focus on assisting the board in exercising its duty of care, compliance with disclosure requirements, the enforcement of accounting policies, the management of our business risks, the management of our internal control systems, ethical conduct of our businesses, monitoring the sufficiency of our financial statements, our compliance with the laws, independence and capacity of independent auditors and performance of audit duties both by our company and our external auditors. These responsibilities are meant to comply with the duties assigned by Law 26,831, the Technical Rules of the Comisión Nacional de Valores, and other applicable laws.