Treasury and financial risk management policy

The companies of EPSO-G froup  are exposed to financial risks in their treasury management and financial operations that may  have a material impact on their operations and financial performance.

The main financial risks are:

• liquidity risk,
• credit risk,
• interest rates risk,
• exchange rate risk.

This policy aims to establish uniform treasury and financial risk management principles in EPSO-G group to reduce the likelihood and impact of  the risks and to ensure that financial resources are managed efficiently.

It sets out uniform  key principles for treasury and financial risk management in the EPSO-G group.

The policy defines:

• criteria for assessing the soundness of counterparties and credit institutions,
• defines the optimal structure of capital and financing terms,
• provides for the principles of liquidity, interest rate and currency position management, also guidelines for investment of free funds.