Bahri Annual Report-2011

Board of Directors Report 2011

Description of any interest belonging to board members, their spouses and minor children in the shares or debt instruments issued by the Company in 2011

Ownership Year-Beginning

Ownership Year-end

Change During the Year

Variance Percentage

Name

Title

Abdullah Sulaiman Al-Rubaian

Chairman

300,000

200,000

(100,000)

(33.3%)

Mohammed Abdulaziz AlSarhan & his family

Vice-chairman

413,271

516,903

103,632

25%

Esam Hamad Al-Mubarak

Member

---

50,000

50,000

---

Nasser Mohammed Al-Kahtani

Member

---

---

---

---

Saleh Abdullah AlDebasi

Member

2,500

2,500

---

---

Abdulkarim Ibrahim Al-Nafie

Member

13,000

13,000

---

---

Farraj Mansour Abothenain

Member

25,000

25,000

---

---

Abdullah Ali Al-Ajaji

Member

---

---

---

---

Ghassan Abdulrahman Al-Shibl

Member

5,000

5,000

---

---

Board Committees

Executive Committee: This committee is entrusted with laying down the basic principles for the Company’s strategies; review of these strategies on a periodic basis; optimal utilization of the Company’s resources; maximizing return on investment and deliberating the issues referred to it by the Board of Directors.

Three committees have emerged from the Board of Directors: Executive Committee, Audit Committee and Nominations & Remuneration Committee. Each of these committees is entrusted with specific powers by the Board of Directors, as follows:

Table below shows the attendance (Chairman and Board Members for the Executive Committee) during year 2011

Name

Classification (1/11) (2/11) (3/11) (4/11) (5/11) (6/11) (7/11) (8/11) (9/11)

Mohammed Abdulaziz AlSarhan

Chairman

9

×

Esam Hamad Al-Mubarak

Member

8

×

×

×

Abdulkarim Ibrahim Al-Nafie

Member

6

Farraj Mansour Abothenain

Member

9

×

×

×

×

Ghassan Abdulrahman Al-Shibl

Member

5

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