Risk Management

Introduction
The Board of World Mining Investments (WMI) is responsible for determining the company’s “risk profile” and is responsible for overseeing the company’s risk management strategy and policies, and internal compliance and control.

Investment Risk
As set out in the WMI Charter, the investment portfolio of the company is managed by the CEO and the management team. The management team is required to manage the portfolio in accordance with the investment objectives and investment restrictions as set out in the company Charter.

In addition, the management is subject to its own internal risk management policies and procedures. An independent auditing firm is responsible for risk and performance monitoring of the company’s investments.

Further information on the risk management procedure and policies of the company are contained in the company’s Charter.

The Board of Directors monitors the performance of the management team on an ongoing basis.