Audit Committee - Minutes of Meeting - December 3, 2025 - Absence of Objection Basis approvals

Jul 19, 2026

Audit Committee minutes record a meeting held Wednesday, December 3, 2025 at 2:32 p.m. in the Board Room. The minutes list committee members, officers, and staff, and capture discussion of a proposal for an IBRD Step up Loan (R2025-0243) followed by preparation of a report to the Board. The meeting adjourned at 4:11 p.m. The document also summarizes items approved or endorsed on an absence of objection basis between March 25, 2025 and December 2, 2025, including recorded approvals of prior meeting minutes.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages3

Reading Time8 min

Minutes of Meeting

Attendance and Roles

Agenda Item: IBRD Step up Loan

Adjournment

Absence of Objection Basis Approvals

Approval of Previous Meeting Minutes

Public Disclosure Authorized Public Disclosure Authorized AUDIT COMMITTEE FROM: The Committee Secretary Minutes of Meeting held on Wednesday, December 3, 2025 at 2:32 p.m. in the Board Room Present Committee Members: A. Almulla (Chair) F. Alswied (Temporary Alternate) A. Buisse L. Magagula (Alternate) S. Rawet M. Rodland-Allen (Alternate) W. Saputra P. Wisner Other Executive Directors, Alternates, Senior Advisors and Advisors A. Asprilla A. De Socio L. Engozogo Mba P. Fonseca A. Gonzalez O. Graham Yamahuchi A. Gur M. Krukowski A. Maleki S. Maluck J. Qian N. Srivastava E. Sycheva S. Tamiya N. van Huisstede M. Warren P. Yuri Officers and Staff P. Anos Casero J. Familiar J. Frazier M. Gouled E. Mountfield M. Mpundu H. Murai G. Richardson H. Jarik (Committee Secretary) Proposal for IBRD Step up Loan 1. The Committee discussed the document entitled “Proposal for IBRD Step up Loan”(R2025-0243) . A report from the Committee to the Board was prepared. Adjournment 2. The meeting adjourned at 4:11 p.m. The following item(s) have been approved/endorsed by the Audit Committee on an Absence of Objection Basis between March 25, 2025 to December 2, 2025 Minutes of Previous Meetings 1. The Committee recorded its approval on March 25, 2025 of the minutes of the joint meeting held on November 12, 2024 and record of approval on December 22, 2023 (AC/M2025-0001 [CODE/M2025-0007]) 2. The Committee recorded its approval on March 28, 2025 of the minutes of the joint meeting held on March 19, 2025 and record of endorsement on November 22, 2024 (AC/M2025-0002[CODE/M2025-0008]) 3. The Committee recorded its approval on November 26, 2025 of the minutes of the meetings held on November 13, 2024 and record of approvals and endorsements between October 16, 2024 to November 1, 2024 (AC/M2024-0022), January 29, 2025 and record of endorsement on November 22, 2024 (AC/M2025-0003), February 12, 2025 and record of endorsement on February 3, 2025 (AC/M2025-0004), February 26, 2025 (AC/M2025-0005), March 12, 2025 (AC/M2025-0006) and March 26, 2025 and record of endorsement on March 21, 2025 (AC/M2025-0007) . 4. The Committee recorded its approval on December 1, 2025 of the minutes of the meetings held on May 12, 2025 (AC/M2025-0008), May 19, 2025 (AC/M2025-0009), May 21, 2025 (AC/M2025-0010), June 4, 2025 (AC/M2025-0011), June 18, 2025 (AC/M2025-0012), June 25, 2025 (AC/M2025-0013 [BC/M2025-0010]), June 27, 2025 (AC/M2025-0014), July 16, 2025 and record of endorsement on June 30, 2025 (AC/M2025-0015), August 4, 2025 and record of endorsement on July 18, 2025 (AC/M2025-0016), September 8, 2025 (AC/M2025-0017) and September 24, 2025 and record of endorsement on September 15, 2025 (AC/M2025-0018) . 5. The Committee recorded its approval on December 2, 2025 of the minutes of the meetings held on October 8, 2025 and record of endorsement between September 25 and October 1, 2025 (AC/M2025-0019), November 12, 2025 and record of endorsement on October 10, 2025 (AC/M2025-0020) and November 19, 2025 (AC/M2025-0021) .

FAQs

When and where was the Audit Committee meeting held?

The Audit Committee meeting was held on Wednesday, December 3, 2025 at 2:32 p.m. in the Board Room.

What agenda item was discussed during the meeting?

The committee discussed the document titled “Proposal for IBRD Step up Loan” (R2025-0243).

What approvals were recorded after the meeting, and for what time range?

The document lists items approved or endorsed on an absence of objection basis between March 25, 2025 and December 2, 2025, including approvals of minutes from previous joint and committee meetings.

Jul 19, 2026

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