Audit Committee

The Audit Committee is responsible for reviewing the integrity of accounting and financial reporting, reviewing and evaluating internal control systems and other related activities that provide support to the Supervisory Board in its control function.

The Audit Committee consists of five members appointed by the Supervisory Board with a two-year term of office and right to re-election. The majority of the members are members of the Supervisory Board and the other two are independent members, of which one is a certified auditor.

Nomination and Remuneration Committee

The Nomination and Remuneration Committee is a sub‑committee of the Supervisory Board and plays a key role in supporting its supervisory and strategic functions by ensuring aligned, transparent, and fair policies and practices for nomination, evaluation, succession, and remuneration. The Board provides an objective and transparent process for proposing candidates for members of the Bank’s statutory bodies, as well as merit‑based and responsible remuneration aligned with performance, the risk management framework, legal regulations, the business strategy, and corporate governance standards.

The Nomination and Remuneration Board is composed of three members of the Supervisory Board, the majority of whom are independent members, including the Chairman of the Board. Members are appointed by the Supervisory Board for a one‑year term, with the possibility of re‑appointment.

Risk Management Committee

Stopanska Banka's Risk Management Committee continuously monitors and evaluates the Bank's risk level and identifies the acceptable level of risk exposure in order to minimize the risk of loss as a result of exposure. The Board consists of 8 members whose positions are set out in the Bank's Statute.

Risk Oversight Committee

The Risk Oversight Committee is a sub committee of the Supervisory Board, established to provide independent and strategic oversight of the Bank’s risk management framework and practices. Its purpose is to ensure that the Bank’s approach to financial and non financial risks is consistent, well structured and fully aligned with the Bank’s risk strategy, risk appetite and business objectives. In this context, the Committee monitors the Bank’s risk profile, evaluates the effectiveness of the systems, policies and controls for risk management, and ensures compliance with relevant regulatory requirements and best practices.

The Committee continuously reviews the Bank’s exposure to credit, market, liquidity, operational, IT and other material risks, as well as the impact of new trends and external factors on the Bank’s strategic position. In its work, the Committee provides guidance and support regarding ICAAP, ILAAP and stress testing, reviewing their results and their implications for the Bank’s capital and liquidity position. The Committee does not engage in the operational implementation of risk policies or in day to day risk assessments, as these activities fall under the mandate of the Risk Management Committee.

The Risk Oversight Committee is composed of three members of the Supervisory Board, of whom one is an independent member. Members are appointed by the Supervisory Board for a one year term, with the possibility of re-appointment.