PEILCC Annual Report 2016

Audit Committee The Audit Committee is elected annually and consists of three commission members in addition to the chairman and the CEO as ex- officio. The committee ensures the reliability and accuracy of the PEILCC’s financial statements, helps co-ordinate and improve internal control functions, and ensures the PEILCC adheres to sound corporate governance principles. Strategic Planning Committee The Strategic Planning Committee is elected annually and consists of three commission members in addition to the chairman and CEO as ex-officio. The purpose of the committee is to review and evaluate the corporate plans and to make any recommendations to the board in relation to those plans that the committee considers appropriate.

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PEILCC 2015-2016 Annual Report