Audit Charter
Established by the Board of Directors to define the purpose, authority, and responsibilities of the Audit Committee.
Audit Committee Charter
Aevum Zenth Conglomerate | Board of Directors
Version 4.2.1 | Effective: January 15, 2026
1. Purpose
The purpose of the Audit Committee of the Board of Directors of Aevum Zenth Conglomerate (the "Company") is to assist the Board in its oversight of the integrity of the Company's financial statements, the Company's compliance with legal and regulatory requirements, the independent auditor's qualifications and independence, and the performance of the Company's internal audit function and independent auditor.
2. Composition
The Audit Committee shall consist of not fewer than three members, all of whom must be independent directors as defined by applicable stock exchange listing standards and SEC regulations. The Committee shall be chaired by a member designated by the Board. Each member shall meet the financial literacy requirements established by regulatory authorities, and at least one member shall possess the qualifications of an audit committee financial expert.
3. Authority and Responsibilities
The Audit Committee is directly responsible for the appointment, compensation, retention, and oversight of the work of any independent registered public accounting firm engaged for the purpose of preparing or issuing an audit report or performing other audit, review, or attest services for the Company.
- Review and approve all related-party transactions in accordance with Company policy
- Meet separately and periodically with management, the internal auditors, and the independent auditors
- Establish procedures for the receipt, retention, and treatment of complaints regarding accounting, internal controls, or auditing matters
- Review the Company's policies and practices related to risk assessment and risk management
- Evaluate the independence and objectivity of the independent auditors, including reviewing all non-audit services
4. Reporting
The Audit Committee shall report regularly to the full Board of Directors on its activities and findings. The Committee shall review and discuss the annual audited financial statements and quarterly unaudited financial statements with management and the independent auditor, including a discussion of the quality and adequacy of the Company's accounting principles and practices.