Çemtaş signed Executive Liability Insurance with a limit of 5.5 million dollars

In its statement to the Public Disclosure Platform (KAP), Çemtaş Çelik Makina Sanayi ve Ticaret A.Ş. announced that the company signed Executive Liability Insurance with a limit of 5.5 million dollars.

The Company complies with Article 4.2.8 of the Capital Markets Board Corporate Governance Communiqué No. II-17.1. He announced that he signed a 1-year Executive Liability Insurance policy with a total liability limit of 5,500,000.-USD, exceeding 25% of the company capital, in accordance with the article.

In Çemtaş Çelik's statement to KAP, "Our company is protected against the liabilities of the company's board of directors and senior managers with the Executive Liability Insurance policy. This step aims to protect our company's compliance with corporate governance principles and the rights of its stakeholders." It was said.

This important step by the company reflects its commitment to maintaining a transparent and ethical management approach, securing the management team and the company's future operations.