AUDIT COMMITTEE

 
Our audit committee consists of Silvia Mazzucchelli, Alejandro Raul Scannapieco and Benoit Jean-Claude Marie Fouilland, in which both are co-chairmen. Both gentlemen satisfy the criteria of an audit committee financial expert as set forth under the applicable rules of the SEC, and they also meet the criteria for independence set forth in Rule 10A-3 of the Exchange Act. 

Our audit committee assists our board of directors in overseeing our accounting and financial reporting processes and the audits of our consolidated financial statements. In addition, the audit committee is directly responsible for the appointment, compensation, retention and oversight of the work of our independent registered public accounting firm.