Risk Committee

In the dynamic path of organizational growth and development, risk identification and management are recognized as fundamental pillars of intelligent and sustainable corporate governance. Understanding the importance of this principle and in pursuit of its long-term goals, Petro Imen Sharif Knowledge-Based Company established its Risk Committee in 2023 (1402 in the Iranian calendar) — a specialized body tasked with anticipating, analyzing, and systematically controlling risks across all levels of the company’s activities.

The creation of this committee demonstrates Petro Imen Sharif’s strong commitment to the principles of transparency, accountability, foresight, and organizational sustainability. With a scientific and data-driven approach, the Risk Committee seeks not only to identify potential threats but also to uncover hidden opportunities within challenges, transforming risk from a potential threat into a catalyst for growth and innovation through the design of effective management mechanisms.

The Risk Committee is composed of senior managers and experts in technical, financial, safety, and information technology fields, and operates under the supervision of the Board of Directors. Its mission is to establish a comprehensive framework for risk management within the company by employing modern risk assessment methods, analyzing economic and technological trends, and identifying internal and external factors that influence the business environment.

Key responsibilities of the Risk Committee include:

• Developing comprehensive risk management policies and guidelines across operational, financial, legal, and technological domains;

• Continuously assessing strategic and project-level risks and providing analytical reports to the Board of Directors;

• Recommending corrective and preventive actions to mitigate potential negative impacts;

• Monitoring and periodically updating risk indicators in line with changes in internal and global conditions;

• And finally, promoting a risk management culture throughout the organization through training, awareness, and employee empowerment.

As a knowledge-based company active in industrial and technological sectors, Petro Imen Sharif believes that informed and well-managed risk-taking is an integral part of the journey toward innovation and progress. With a strategic and analytical perspective, the Risk Committee not only prevents potential losses but also helps the company make key decisions with a deep understanding of uncertainties and possible future scenarios.

In essence, the Risk Committee stands as a symbol of managerial maturity and effective corporate governance within Petro Imen Sharif — an institution that, by combining scientific insight with industrial experience, plays a vital role in enhancing organizational resilience, ensuring operational sustainability, and strengthening stakeholder trust.

Through the activities of this committee and its firm belief in proactive risk management, Petro Imen Sharif continues to move confidently toward a more secure, sustainable, and knowledge-driven future — one in which risk management is not a barrier to progress, but a guiding force for organizational growth and excellence.