3. Committees established by the Board of Directors
The Board has established the following internal Committees with consultative and advisory duties, pursuant to the Code of Corporate Governance and to Article 16 of the Bylaws:
In the performance of their functions, the Committees may access information and company functions. They have sufficient financial resources and may use external consultants within the terms set by the Board of Directors28.
Non-Committee members may attend Committee meetings if asked to do so to provide information on agenda items. The respective Secretaries take the minutes.
Pursuant to Criterion 4.C.1, letter d) of the Code of Corporate Governance, the Committee Regulations stipulate that, after every Committee meeting, the Chairperson shall update the Board of Directors by means of communication, at the next meeting, on the matters addressed and the observations, recommendations and opinions expressed.