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Application that allows them to quickly access information about the company's current performance, as well as
access to historical information and latest development.
• Lay down a clear working mechanism in connection with following up the regulatory decrees and law relevant
to the Company’s nature of work in order to ensure strict compliance and implementation of the same.
• Prepare the key performance indicators (KPIs) for all the Company personnel and evaluate their accomplished
tasks in a periodical manner.
• Form the Employees Relations Committee (ERC) which reviews the grievances submitted by personnel and
submits recommendation in this respect to the Group CEO in the right time and in strict confidence.

• Board of Directors Committee
1) Audit Committee:
The Audit Committee is formed of three members according to the board of directors decree dated 13 May 2019
for a period of three years.

Committee Post Member Committee Meetings
members classification
1/2021 2/2021 3/2021 4/2021 5/2021 6/2021 7/2021
Mr. Abdulhameed Non
Mohamed Mihrez Committee chairman executive
Mr. Mohamed Khaled Independent
Al Othman Committee member
Mr. Eid Abdallah Al Committee member Non
Rasheedi executive
- Review of the periodical financial statements before presenting them to the board of directors,
express the opinion and recommendation in this respect to the board of directors for the purpose
of ensuring the fairness and transparency of financial reports, ensure the soundness and integrity of
the financial reports and the Company internal control systems. The Committee held its periodical
(quarterly) meetings in which the financial reports issued by the Company financial sector and the
external auditor’s office were discussed. The Committee submitted a recommendation for their
approval to the board of directors. The financial reports guarantee and integrity mechanism forms
were signed for each quarter
- Follow up of the external auditors’ works and ensure that they only submit the services required by
the auditing profession to the Company.
- Study the external auditors’ remarks on the Company financial statements and follow up the
developments in this respect.
- Study the applicable accounting policies and express the opinion and recommendation to the
board of directors in this respect.
- Technical supervision over the Internal Audit Unit in the Company in order to verify the extent of its
Committee efficiency in executing the works and tasks outlined by the board of directors.
duties - Evaluate the extent of adequacy of the internal control systems applied in the Company and
prepare a report comprising the opinion and recommendation of the Committee in this respect.
- Reviewing the internal audit reports submitted by the internal auditor and providing feedback. The
committee reviewed the progress of the internal audit work for the various divisions / departments of
the company. The Committee also reviewed the responses of the concerned divisions/departments
and verified that the necessary corrective measures have been taken in connection with the
observations raised in the reports
- In connection with the reports of the regulators, there were no remarks issued.
- Review of the annual report of the Legal and Compliance Department.
- Recommend to the Board of Directors the appointment and reappointment of external auditors
or change them and determine their fees. The committee recommended to approve appointing of
(RSM Al-Bazie & Co.) Certified Public Accountants as an external auditor to the company, taking into
consideration the mandatory auditor rotation period.
- Recommend the appointment of Protiviti to the Board of Directors to conduct the internal audit
service in accordance with the regulations and laws.
- Recommend the reappointment of Russell Bedford to the Board of Directors (represented by the
partner Dr. Saad Al Bloushi to conduct the ICR of the Company in accordance with the regulations
and laws.