Chapter IV Disclosure and Transparency
Details of Board of Directors’ Compensations and Bonuses in 2012
Bonus after Profit Dist.
Name
Directors fees Committee
Total
Remuneration
Abdullah Sulaiman Al-Rubaian
46,073
200,000
200,000
446,073
Mohammed Abdulaziz AlSarhan
49,073
100,000
200,000
349,073
Esam Hamad Al-Mubarak
49,500
200,000
200,000
449,500
Nasser Mohammed Al-Kahtani
67,073
200,000
200,000
467,073
Saleh Abdullah AlDebasi
52,500
200,000
200,000
452,500
Abdulkarim Ibrahim Al-Nafie
55,073
200,000
200,000
455,073
Farraj Mansour Abothenain
52,860
100,000
200,000
352,860
Abdullah Ali Al-Ajaji
61,500
200,000
200,000
461,500
Ghassan Abdulrahman Al-Shibl
43,500
100,000
200,000
343,500
Total
477,152
1,500,000
1,800,000
3,777,152
The board of directors declares that apart from the shares owned by them as shown in the following table, they do not have any personal interests, option rights, rights of subscription, or affiliations by the members of the board, their spouses, or minor children to the Company or its subsidiaries, whether in the form of corporate shares, or direct or indirect connections through contracts of employment, etc.
Details of ownership of Board Members, their spouses and minor children in the Company’s shares or debt instruments during the year 2012
Ownership at the beginning of the year
Ownership at the end of the year
Change during the Year
Variance Percentage
Name of the Board Members Title
Abdullah Sulaiman Al-Rubaian Chairman
200,000
1,000,000
800,000
500%
Mohammed Abdulaziz AlSarhan
Vice Chairman
516,903
496,903
(20,000)
3.88%
Esam Hamad Al-Mubarak
Board Member
50,000
80,000
30,000
60%
Nasser Mohammed Al-Kahtani
Board Member
-
-
-
-
Saleh Abdullah AlDebasi
Board Member
2,500
2,500
-
-
Abdulkarim Ibrahim Al-Nafie Board Member
13,000
13,000
-
-
Farraj Mansour Abothenain
Board Member
25,000
25,000
-
-
Abdullah Ali Al-Ajaji
Board Member
-
-
-
-
Ghassan Abdulrahman Al-Shibl Board Member
5,000
35,000
30,000
600%
66
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