

FORUS Makine grants broad approval authority to responsible managers to initiate, act upon and be accountable for significant decisions and commitments related to its operations, as defined in the Company’s policies and procedures and Strategic Plan. Decisions that involve extraordinary risk or financial commitment to the Organization, have a broad impact on the Organization, or relate to external legal, financial or public relations matters are held at the Corporate level in accordance with the Single FORUS Makine Authority and Responsibility Matrix.
This policy applies to FORUS Machinery and all FORUS businesses and subsidiaries worldwide, including joint ventures and similar partnerships managed by FORUS Machinery.