The annual ordinary general assembly shall appoint the company Auditor, based on a proposal by the Board of Directors, provided that the following shall be considered: 1. Nomination of the Auditor shall be based on the audit committee recommendation submitted to the Board of Directors. 2. The Auditor shall be listed in the Authority’s external auditors register, i.e. fulfilling all the required provisions stated in the Authority’s resolution concerning the registration of external Auditors. 3. It shall be verified that the external Auditor is independent from the company and its Board of Directors and no services other than services related to the audit functions are provided to the company, which may affect the auditors’ neutrality or independency. 4. Permit the Auditor to discuss opinions thereof with the audit committee prior to the submission of the annual financials to the Board of Directors to decide thereon. 5. The external Auditor shall be granted permission to attend the meetings of general assemblies and recite the report prepared thereby before shareholders, indicating any obstacles or interference by the Board of Directors, which are encountered thereby upon the performance of works. In addition, the external Auditor shall inform the Authority with any essential breach or obstacles and the details thereof.