Committees Committees

Committees

The Board of Directors has established the following specialized committees to provide support and recommendations to assist the Board in carrying out its tasks, which have been formed and approved and approved.

Audit Committee:-

The Committee is composed of four members with diverse and sufficient business experience.

None of the Executive Members participate in this Committee which composed of:-

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Mr. Badr Meshari Al Homaizi  (Committee president).

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Mr. Ahmad Khalid Ahmad Al Homaizi.

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Mr. Emad Ahmad Al Houti.

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Mr. Ma’rouf Abdul Rahman Al Ma’rouf.

 The Audit Committee has the authority to obtain any information from the Executive Management, in addition to the right to summon - through the official channels - any Executive Officer or Board Member to attend its meeting.

Risk Management Committee

The Committee is composed of four members with diverse and sufficient business experience. None of the Executive Members participate in this Committee and those members are of: -

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Mr. Ma’rouf Abdul Rahman Al Ma’rouf (Committee President).

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Mr. Badr Meshari Al Homaizi.

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Mr. Ahmad Khalid Ahmad Al Homaizi.

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Mr. Emad Ahmad Al Houti,

This committee was formed to manage the Company's risk by establishing risk management policies and regulations in line with the Company's risk appetite.

Nomination and Remuneration Committee:-

The Committee is composed of five members, headed by a non-executive member. The committee is composed of the following: -

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 Mr. Ahmad Khalid Ahmad Al Homaizi,(Committee President).

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Mr. Raad Khalaf Al Abdullah.

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Mr. Badr Meshari Al Homaizi .

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Mr. Sulaiman Abdul Rahman Al Ma’rouf.

The main role of the Nomination and Remuneration Committee is to assist the  board in fulfilling its obligations to identify eligible members of the  board , which occurred during the election of the  board for the 2018-2020 period. The duration of appointment of this Committee is in line with the appointment of the  board  for the same duration.