Page 22 - 2022 NUROL YES SUSTAINABILITY REPORT

OCCUPATIONAL WORKING OUR PERFORMANCE APPLICABLE
CORPORATE FINANCIAL SUSTAINABILITY ENVIRONMENTAL VALUE CHAIN UNGC CONTENT
PROFILE OUTLOOK GOVERNANCE APPROACH AWARENESS HEALTH AND MANAGEMENT LIFE IN NUROL CONTRIBUTION TO INDICATORS INDEX GRI SECTOR
SAFETY CONSTRUCTION SOCIETY DETAILS STANDARD
GOVERNANCE

Nurol Construction is managed by the Board of Directors, with the exceptions
written in the laws. The Board of Directors consists of eight members and the
entire Board of Directors has the competence to manage Nurol Construction in
terms of educational background and work experience. Members of the Board of
Directors are elected for a maximum of three years, and the members of the Board
of Directors whose term of office expires can be re-elected.

In our projects conducted with our business partners; the Executive Boards are
appointed, in which each partner is represented, that monitor all matters related
to the project, especially administrative relations, business progress, and financial Erol ÇARMIKLI Nurettin ÇARMIKLI M. Oğuz ÇARMIKLI
situation. Executive Board Member representing Nurol Construction is responsible
for informing Nurol Construction HQ regarding board activities and decisions and In the meetings of the Board of Directors; the majority of the total number of members
integrating Nurol HQ’s top management into the decision-making process. Thus, of the Board of Directors is sought and takes their decisions with the majority of the
the Executive Board can be associated indirectly with the Board of Directors. members present at the meeting. In case of equal voting, the matter to be decided
upon is postponed to the next meeting. In the second meeting, the referred proposal
Nurol Construction is managed by the General Manager, Assistant General Managers, is deemed as rejected in case of equal voting again. The validity of the decisions is
Group Managers, and Department Managers. Corporate communications of Nurol deemed valid when written and undersigned.
Construction are conducted with the support of Nurol Holding HQ.
Ordinary meetings are held quarterly following the end of each operating cycle. The
items to be discussed and decided upon in these meetings are as follows: election of
BOARD OF DIRECTORS & CORPORATE GOVERNANCE the related administrative unit, financial reports, yearly report of Board of Directors,
The members of the Board of Directors were approved to serve as shown in the table below. assessment of profit utilization, dividend and earning per share decisions, Board of
Directors release, and items related with current operating cycle and other required
Responsibility Name & Surname items. In case needed, the Board can hold special meetings.
Chairman Nurettin ÇARMIKLI
Vice Chairman M. Oğuz ÇARMIKLI The operation and process details of the Board of Directors are organized under the
Board Member Dr. Eyüp Sabri ÇARMIKLI articles of association.
Board Member Gürol ÇARMIKLI
Board Member Gürhan ÇARMIKLI Nurol Group Companies attend Nurol Group Board of Directors meetings, held four
Board Member Oğuzhan ÇARMIKLI times annually, and one being annual budget presentation meeting. Nurol Construction
Board Member Semih KAYAALP is represented by General Manager quarterly in Nurol Group Board of Directors meeting.
Board Member Mehmet BUYURGAN
Table 3: Nurol Construction Board Project Control Department is responsible for providing information and
documentation, preparing presentation for Board of Directors meetings. All
production and financial data regarding projects are provided to Project Control
Detailed Information: For Board of Directors Department by Worksite Technical Office Departments. After proper controls and
operations and Board Member biographies; filtering of data, Project Control Department and The Accounting Department make
https://e-sirket.mkk.com.tr/esir/Dashboard. the needed arrangements to make the data ready for the presentation to Nurol
jsp#/sirketbilgileri/11082 Group Board of Directors together. By the compilation of all data, General Manager
signed report and presentation become ready to be shared by Board of Directors.
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