{"id":4041,"date":"2023-01-09T17:36:40","date_gmt":"2023-01-09T11:36:40","guid":{"rendered":"https:\/\/primeaviation.kz\/?page_id=4041"},"modified":"2023-01-13T12:44:23","modified_gmt":"2023-01-13T06:44:23","slug":"corporate-governance-concerns","status":"publish","type":"page","link":"https:\/\/primeaviation.kz\/en\/esg\/corporate-governance-concerns\/","title":{"rendered":"Corporate Governance Concerns"},"content":{"rendered":"<div class=\"wpb-content-wrapper\">[vc_section][vc_row full_width=&#8221;stretch_row_content&#8221; content_placement=&#8221;middle&#8221; css=&#8221;.vc_custom_1673590444301{border-top-width: 10px !important;border-top-color: #f5f3f1 !important;border-top-style: solid !important;}&#8221;][vc_column width=&#8221;1\/2&#8243; offset=&#8221;vc_col-lg-offset-1 vc_col-lg-4&#8243;][vc_column_text]\n<h2 class=\"special-title\">Ethics, Values and Sustainability<\/h2>\n<p>Aviation is highly regulated industry and <span style=\"color: #ba935f; font-weight: bold;\">Prime Aviation<\/span> has numerous policies, procedures and principles which help to act as a self-regulated system to achieve the Company\u2019s goals.<\/p>\n<p>There is a clear business relationship between company shareholders, management team, the Board of Directors and all other key stakeholders.<\/p>\n<p>Key principles of corporate governance:<\/p>\n<ul>\n<li>Accountability;<\/li>\n<li>Transparency;<\/li>\n<li>Fairness;<\/li>\n<li>Responsibility;<\/li>\n<li>Integrity.<\/li>\n<\/ul>\n<p><span style=\"color: #ba935f; font-weight: bold;\">Prime Aviation<\/span> has <strong>its own<\/strong> corporate ethics and values approach. This approach includes the general principles that all employees have the right to work in a business environment free from discrimination and harassment.<\/p>\n<p>The Company also adheres to the principles of <strong>equal opportunities<\/strong> when hiring and promoting its staff. All employees of <span style=\"color: #ba935f; font-weight: bold;\">Prime Aviation<\/span> have <strong>equal rights<\/strong> to benefits and rewards based on professional qualifications, personal abilities, skills and achievements.[\/vc_column_text][mvc_infobox info_style=&#8221;mega_info_box_2&#8243; info_opt=&#8221;show_icon&#8221; icon_size=&#8221;30&#8243; shadow=&#8221;vc_info_box_shadow&#8221; hovershadow=&#8221;vc_info_box_hvr_shadow&#8221; link=&#8221;link_box&#8221; title_color=&#8221;#000000&#8243; font_icon=&#8221;fas fa-exclamation-circle&#8221; btn_url=&#8221;url:https%3A%2F%2Fprimeaviation.kz%2Fen%2Fesg%2Fcorporate-governance-concerns%2Fto-shareholders%2F&#8221; caption_url=&#8221;&#8221;]<span style=\"color: #ba935f; font-weight: bold;\">TO SHAREHOLDERS \u2192<\/span>[\/mvc_infobox][\/vc_column][vc_column width=&#8221;1\/2&#8243; offset=&#8221;vc_col-lg-offset-1 vc_col-lg-5&#8243;][vc_single_image image=&#8221;4053&#8243; img_size=&#8221;full&#8221;][vc_column_text]All activities of <span style=\"color: #ba935f; font-weight: bold;\">Prime Aviation<\/span> are governed by policies and procedures through internal risk management and daily assessment. All important decisions of the company are made with mandatory awareness and approval of the Board of Directors.<\/p>\n<p>Periodic <strong>KPI<\/strong> assessment was introduced into the company annual employee assessment plan and all key performance indicators are assigned to each individual function of the company. All KPI\u2019s are targeted at long-term value creation and embedded in the job description of its owner.<\/p>\n<p><span style=\"color: #ba935f; font-weight: bold;\">Prime Aviation<\/span> is going through the number of internal and external audits from different regulatory bodies including annual audit of its financial statements.<\/p>\n<p>The Company helds corporate team-building events including New Year parties which should have positive effect on work relations between its employees.[\/vc_column_text][mvc_infobox info_style=&#8221;mega_info_box_2&#8243; info_opt=&#8221;show_icon&#8221; icon_size=&#8221;30&#8243; shadow=&#8221;vc_info_box_shadow&#8221; hovershadow=&#8221;vc_info_box_hvr_shadow&#8221; link=&#8221;link_box&#8221; title_color=&#8221;#000000&#8243; font_icon=&#8221;far fa-file-pdf&#8221; btn_url=&#8221;url:https%3A%2F%2Fprimeaviation.kz%2Fwp-content%2Fuploads%2F2023%2F01%2FConduct_at_Work-ENG.pdf|target:_blank|rel:nofollow&#8221;]<span style=\"color: #ba935f; font-weight: bold;\">CONDUCT AT WORK POLICY OF PRIME AVIATION \u2192<\/span>[\/mvc_infobox][\/vc_column][\/vc_row][\/vc_section][vc_row css=&#8221;.vc_custom_1673590480201{margin-top: 2rem !important;}&#8221;][vc_column][vc_single_image image=&#8221;1540&#8243; img_size=&#8221;full&#8221; alignment=&#8221;center&#8221; css_animation=&#8221;fadeIn&#8221;][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;1\/2&#8243;][vc_btn title=&#8221;Environmental Concerns&#8221; style=&#8221;outline&#8221; shape=&#8221;round&#8221; color=&#8221;chino&#8221; align=&#8221;center&#8221; i_align=&#8221;right&#8221; i_icon_fontawesome=&#8221;fas fa-arrow-right&#8221; add_icon=&#8221;true&#8221; link=&#8221;url:https%3A%2F%2Fprimeaviation.kz%2Fen%2Fesg%2Fenvironmental-concerns%2F|&#8221;][\/vc_column][vc_column width=&#8221;1\/2&#8243;][vc_btn title=&#8221;Social Concerns&#8221; style=&#8221;outline&#8221; shape=&#8221;round&#8221; color=&#8221;chino&#8221; align=&#8221;center&#8221; i_align=&#8221;right&#8221; i_icon_fontawesome=&#8221;fas fa-arrow-right&#8221; add_icon=&#8221;true&#8221; link=&#8221;url:https%3A%2F%2Fprimeaviation.kz%2Fen%2Fesg%2Fsocial-concerns%2F|&#8221;][\/vc_column][\/vc_row]\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_section][vc_row full_width=&#8221;stretch_row_content&#8221; content_placement=&#8221;middle&#8221; css=&#8221;.vc_custom_1673590444301{border-top-width: 10px !important;border-top-color: #f5f3f1 !important;border-top-style: solid !important;}&#8221;][vc_column width=&#8221;1\/2&#8243; offset=&#8221;vc_col-lg-offset-1 vc_col-lg-4&#8243;][vc_column_text] Ethics, Values and Sustainability Aviation is highly regulated industry and Prime Aviation has numerous policies, procedures and principles which help to act as a self-regulated system to achieve the Company\u2019s goals. There is a clear business relationship between company shareholders, management team, the Board of Directors and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":3968,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"footnotes":""},"class_list":["post-4041","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Corporate Governance Concerns - Prime Aviation\u00ae | Leading Airline in Kazakhstan<\/title>\n<meta name=\"description\" content=\"Prime Aviation Corporate Governance Policy. \u041a\u043e\u0440\u043f\u043e\u0440\u0430\u0442\u0438\u0432\u0442\u0456\u043a \u0431\u0430\u0441\u049b\u0430\u0440\u0443. 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