RISK MANAGEMENT POLICY  

P’Brothers Building Ltd recognizes that taking and managing appropriate levels of risk forms an  integral part of its business activities. We are committed to the proactive and systematic identification,  assessment, and management of risk at all levels in the business, and, throughout all stages of our  operations processes, ensuring that: 

➢ The public, employees and the environment are safe from any potential hazards inherent  in our operations. 

➢ The potential for loss or damage to assets, or financial loss to P’Brothers Building Ltd is  minimized by recognizing and controlling risks to our financial and operational stability, or  those which could adversely affect our reputation; and 

➢ Opportunities to improve on existing plans and targets are identified and exploited without  compromising business objectives. 

P’Brothers Building Ltd believes that for risk management, including relationship management, to  be successful we must integrate our risk management processes into all operations and develop a  culture within the company so that: 

➢ The management of business risk is clearly driven from the objectives of the business. ➢ The ownership and management of risk is not just the responsibility of senior  management but is fully embedded into all levels of activity. 

➢ All significant business risks have mitigating strategies and owners, and action plans  identified, against which performance can be measured; and 

➢ We operate in a culture that encourages disclosure of issues or concerns, so that timely  and appropriate action can be agreed and implemented as necessary. 

It is intended that the commitments of this policy be adopted throughout the company, without  exception, to achieve progressive improvement in its effectiveness to deliver our commitments to our  people, customers, and stakeholders. 

The intent and requirements of this policy are supported by, and will be executed through, the  consistent application of the risk management procedures and processes detailed in the company's  Integrated Management System on all business undertakings. 

This policy has been approved & authorised by: 

Signed: Ionut Paul Potor – Managing Director  

 

H&S/RMP – Risk Management Policy/Rev003/

Date: 23.04.2025