The audit committee’s mandate in a time of national emergency

The Audit Committee's Mandate in a Time of National Emergency A Call to 
Action

As the world grapples with the unprecedented challenges brought about by th
the ongoing conflict with Iran, the audit committee (AudComm) faces an extr
extraordinary mandate. With financial statements that technically focus on 
the 2025 year-end figures, we are now forced to confront the stark reality 
of the war premium and its impact on our company's financial position.

As we navigate this time of national emergency, it is imperative that the A
AudComm provides a clear and transparent picture of our company's financial
financial situation. This requires an unwavering commitment to accountabili
accountability and transparency, as stakeholders demand reassurance that th
their investments are secure.

The Onus is Ours Ensuring Truth and Accuracy

As biologists understand the critical role empirical evidence plays in shap
shaping our understanding of the world, so too must the AudComm's mandate b
be rooted in the pursuit of truth and accuracy. In this context, the onus f
falls squarely on us to ensure that financial statements accurately reflect
reflect our company's position, despite the uncertainty and volatility surr
surrounding the Iran conflict.

A Time for Extraordinary Measures Safeguarding Stakeholders' Interests
Interests

In times of crisis, the AudComm must rise to the challenge by implementing 
extraordinary measures to safeguard the interests of stakeholders. This may
may involve

Conducting thorough investigations into any irregularities or discrepanci
discrepancies that may have arisen from the conflict
Providing robust explanations for any changes in financial performance an
and strategy
* Ensuring compliance with relevant regulations and laws, despite the rapid
rapidly evolving circumstances

Conclusion Vigilance and Proactivity

As we move forward into 2026, it is essential that the AudComm remains vigi
vigilant and proactive in its response to this national emergency. By doing
doing so, we can provide stakeholders with confidence in our company's fina
financial position and resilience in the face of adversity.

Keywords** Audit Committee, National Emergency, Financial Statements, Tr
Transparency, Accountability, Empirical Evidence

Edward Lance Arellano Lorilla

CEO / Co-Founder

Enjoy the little things in life. For one day, you may look back and realize they were the big things. Many of life's failures are people who did not realize how close they were to success when they gave up.