Corporate governance of MTG and the MTG Group is exercised through a number of corporate bodies. At the Annual General Meeting, shareholders exercise their voting rights with regard to the composition of the Board of Directors of MTG and election of external auditors. The duties of the Board are partly exercised through its Audit Committee and Remuneration Committee and the Chief Executive Officer of MTG (‘CEO’). The CEO is in charge of the day-to-day management of the Group in accordance with guidelines and instructions from the Board.