Persepolis Board Meeting Produced Only One Resolution

Published minutes of the Persepolis board meeting show that a two-hour session ended with only one resolution.

According to "Verzeh Se", two hours of meeting, presence of five board members and finally a resolution. These details are recorded in the minutes of the meeting of the managers of Persepolis on 19 September 1405. The meeting that started at the company's head office at 8:00 am and ended at 10:00 am, and in the last sentence of the document, it is clearly mentioned that the meeting ended with "a resolution".

This meeting was held with the presence of Hossein Saberi Khorgu, Ahad Mirzaei, Peyman Haddadi, Mehdi Hemti-Moghadam Daverzen and Mohammad Ali Inanlufer, and the signatures of all five members can be seen at the bottom of the minutes. The news of the appointments related to this resolution has been published in the capital market media in recent days.

The only approval clause of this meeting is dedicated to determining the composition of the audit committee and the club's internal auditor. Based on that, Hossein Saberi Khorgou, the chairman of the board of directors of Persepolis, has also assumed the chairmanship of the audit committee, and Morteza Arjamandi, Abolfazl Akbari, Mahmoud Kia and Seyed Rahmatullah Hashemi have been elected as independent members of this committee.

In this section, Rahmatullah Hashemi has been entrusted with the responsibility of secretary and Rashid Miri has been appointed as the internal auditor. Therefore, the single resolution of this meeting includes several appointments in the audit structure of Persepolis.

In the minutes of the meeting, Article 14 of the corporate governance guidelines and the necessity of appointing members of specialized committees are mentioned as the basis of this decision. The audit committee is one of the pillars of financial supervision of companies, and the examination of the financial reporting process, audit activities and internal controls is one of its work areas. This issue is the only item approved by the Persepolis directors' meeting.