Compliance and reporting

Compliance with regulations, standards, and instructions is one of the most important foundations and factors for the success of the Egyptian Electricity Holding Company and its subsidiaries, and maintains its reputation and credibility and the interests of the public of its employees and dealers (internally and externally), and provides it with protection from regular sanctions, and compliance is a comprehensive and multifaceted responsibility, and it is the responsibility ofAll organizational levels in companies, starting from the board of directors and senior management and ending with all employees, each according to its powers and tasks entrusted to it, where successful compliance management is one of the main pillars of corporate business and projects, and appliesThis is done in practice in a more effective way, as it is done through the regulatory frameworks, instructions, policies and rules set to ensure the public interest of the company and the masses of its customers at all levels, and the application ofThis concept is ideally by the company's management linked to good work management and quality of control, so the quality of commitment to the application of regulations is reflected in the quality of work at the same time, as dealing with compliance requirements must be among the basic skills that must be available to the management of each company and to give it the attention it deserves, through its establishment and contribution to warding off the risks of non-compliance, especially systemic risks, reputation risks and financial sanctions risks. Strengthening the relationship with the regulatory authorities, establishing a sound management approach in institutions and companies, and finding mechanisms and frameworks that ensure the face of crimes, in particular the preservation of professional values and practices at work.

All employees should also have the highest ethical standards and the rules of professional conduct inside and outside the work, considering that the public office is a responsibility and assignment to those in charge of it aimed at serving citizens in order to achieve the public interest in accordance with the laws and regulations in force as a joint hand with the company's compliance department, as commitment is not only the responsibility of the management entrusted to it, but that circular must extend to include all organizational levels, categories, and functional classes in any of the organizations and companies, as well as the need to adhere to the highest principles of ethical behavior. Correctness in all dealings of the General Secretariat with the entities that are dealt with and full compliance with the provisions of the policy, procedures, and ethics of work.

Based on this, it is the responsibility of the employee, during the performance of his job duties, to behave appropriately in accordance with the standards of conduct stipulated in the regulations, systems, and frameworks that ensure the regularity of the workflow and its completion in a manner appropriate that is in line with the reputation, size, objectives, and values of the company.