Bahri Annual Report-2011

Board of Directors Report 2011

Table shows the Executive Management list for the year 2011

Name

Title

Saleh Nasser Al-Jasser

Chief Executive Officer

Abdulaziz Khaled Al-Rasheed

Vice Chief Executive Officer, Planning & Business Development.

Saleh Abdulrahman Al-Shamekh

President (Oil & Gas)

Mohammad Omair Al-Otaibi

Vice Chief Executive Officer, Finance

Ahmed Sulaiman Al-Eidan

Assistant Chief Executive Officer, Board Secretariat & Communication

their legal entitlements. It is also to be noted here that senior executives, who are five (5) in number, including the Vice Chief Executive Officer (Finance) , do not hold any shares in the Company according to Tadawul records as at 31/12/2011 other than as stated in senior executive ownership table below.

Pursuant to the authorities vested in it by the Board of Directors, the Executive Management is committed to act in line with the stated policies and to implement Board resolutions and strategic and operational plans that aim at development and growth of corporate activities and serve the interests of shareholders. No investments or reserves have been created for the benefit of Company employees other than

The Company is run by a team of executives with extensive experience. This team assumes the responsibility of financial, administrative, technical, operational and informational, risk management and related corporate activities. Ad hoc committees are also formed to provide assistance in following up certain activities and contingent tasks on an as-needed basis.

Description of any interest belonging to Executive Management, 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

Saleh Nasser Al-Jasser

100,000

200,000

100,000

100%

Abdulaziz Khaled Al-Rasheed

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Saleh Abdulrahman Al-Shamekh

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Mohammad Omair Al-Otaibi

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Ahmed Sulaiman Al-Eidan

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20,000

20,000

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