Audit Committee

Financial Reporting Integrity & Internal Audit Oversight

The Audit Committee oversees the integrity of the Enterprise's financial statements, the performance of the internal audit function, the independence and effectiveness of the external auditor, and the Enterprise's systems of internal control over financial reporting and risk management.

Audit Charter · Enforced External Auditor · Independent Internal Controls · Verified

Mandate

Core Oversight Responsibilities

Financial Statement Integrity

Review quarterly and annual financial statements with management and the external auditor. Assess the quality and transparency of financial disclosures, significant accounting policies, and critical estimates and judgments.

Internal Audit Oversight

Review the internal audit charter, plan, budget, and staffing. Monitor the internal audit function's independence, performance, and coordination with the external auditor. Review significant audit findings and management's responses.

Risk Management Review

Review the Enterprise's risk management framework, including financial, operational, and compliance risks. Assess the process for identifying, assessing, and mitigating material risks and the associated internal control environment.

External Auditor Independence

Select, appoint, and evaluate the external auditor. Pre-approve all audit and permitted non-audit services. Review the auditor's independence, objectivity, and quality controls. Rotate lead audit partners as required.

Regulatory & Compliance Oversight

Review compliance with legal and regulatory requirements. Monitor the Enterprise's whistleblower program and procedures for receipt, retention, and treatment of complaints regarding accounting, internal controls, and auditing matters.

Internal Controls Assessment

Review the effectiveness of the Enterprise's internal control over financial reporting. Evaluate management's assessment of internal controls and the external auditor's opinion on their effectiveness. Track remediation of identified control deficiencies.

Independence

Committee Independence Assurance

All Members Independent

Per SEC & Exchange Act Rules

Financial Expert Designated

At Least One Member

Direct Access to Auditors

Without Management Present

Private Sessions with Management

The Audit Committee holds private sessions with the Chief Financial Officer, the Internal Audit Director, and the external auditor, without management present, at each regularly scheduled meeting. These sessions ensure candid discussion of audit findings, internal control assessments, and any matters requiring committee attention.

With CFO

Private Session

Each Regular Meeting

With Internal Audit

Private Session

Each Regular Meeting

With External Auditor

Private Session

Each Regular Meeting

Calendar

Quarterly Reporting & Review Cycle

Current Quarter

Financial Statement Review
Internal Audit Plan Approval
Risk Assessment Update
Private Sessions

Interim Financial Review
Internal Audit Progress
Control Deficiency Tracking
Whistleblower Report

Financial Statement Review
Auditor Independence Update
Risk Framework Evaluation
Charter Review

Q4 / Annual

Annual Financials Approval
Internal Audit Annual Report
External Auditor Evaluation
Committee Self-Assessment

Confirmation

Independence Confirmation Matrix

Member Independence Attestation — Current Period

Member	Role	Board Independence	Audit Committee Independence	Financial Expert	Status
Victoria Ashford-Sterling	Chair	Independent	Independent	Designated Expert	Confirmed
James H. Whitmore III	Member	Independent	Independent	Financial Literate	Confirmed
Eleanor R. Chen	Member	Independent	Independent	Designated Expert	Confirmed
Michael T. Okonkwo	Member	Independent	Independent	Financial Literate	Confirmed

Audit Committee Charter SEC Rule 10A-3 Compliance NYSE Listing Standards IIA Standards Alignment PCAOB Requirements Internal Audit Charter

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