Company: CTTRF
Filing Date: 2025-04-30
Form Type: 20-F
Source: 0001292814-25-001765
Chunk: 235

Company: Controladora Vuela Compania de Aviacion, S.A.B. de C.V.
Filing Date: 2025-04-30
Form: 20-F
Item: Item 10
Chunk 235
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 auditors and analyze their reports (including their opinion of our annual report);  

  analyze and supervise the preparation of our financial statements and make recommendations to the board of directors on their approval;  

  inform the board of directors of the status of our internal controls, our internal audit and their adequacy;  

  supervise the execution of related party transactions and transactions representing 20% or more of our consolidated assets being undertaken  

  render its opinion to the board of directors regarding transactions with related parties;  

  request reports from our executive officers or independent experts whenever it deems appropriate;  

  investigate and inform the board of directors of any irregularities that it may encounter;  
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  receive and analyze recommendations and observations made by the shareholders, members of the board of directors, executive officers  

  supervise compliance by our chief executive officer of instructions provided by our board of directors or shareholders;  

  provide an annual report to the board in respect of accounting policies and their sufficiency, adequacy and consistency;  

  request opinions from independent third party experts;  

  assist our board of directors in the preparation of reports for the annual shareholders’ meeting; and  

  hire or recommend auditors to shareholders and approve them.  

Our corporate governance committee has the following
principal duties:

  call shareholders’ meetings and request the inclusion of matters in the agenda;  

  supervise and report on the performance of our chief executive officer and render opinions to our board of directors regarding his  

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  supervise and report on the performance of our officers to our board of directors and render opinions to our board of directors regarding  

  submit proposals to the board of directors relating to the nomination or removal of officers within the first two corporate levels;  

  propose the remuneration schemes of the first four corporate levels of the Company or those determined by it, for approval of the  

  assist our board of directors in the preparation of reports for the annual shareholders’ meeting;  

  consult with third-party experts in connection with any issues related to compensation, organizational development, and other related  

  propose to the board of directors the adoption, modification or termination of any incentive plan for employees of the Company;  

  propose to our board of directors the entering into, amendment or termination of any collective bargaining agreements;  

  inform our board of directors of relevant labor contingencies; and  

  provide an annual report to the board in respect of corporate governance and nomination and