• The Company has not received any notification regarding any interest in a class of voting shares.
Description of the categories and numbers of any transferrable debt instruments any contractual securities or ofering memoranda on subscription rights offers or similar rights issued or granted by the Company during the fiscal year with explanations for any compensation acquired by the Company for that: • The Company does not have any categories of transferrable debt instruments, nor any contractual securities, offering memoranda on subscription rights, or any similar rights issued or granted by the Company during the fiscal year. Description of any transfer or subscription rights under transferrable debt instruments or any contractual securities or any subscription rights or similar rights issued or granted by the Company • The Company does not have any transfer or subscription rights under transferrable debt instruments or any offering rights memos or similar rights issued or granted by the Company. Description of any redemption, purchase, or cancellation by the Company of any redeemable debt instruments and the value of the remaining securities, with a distinction between the listed securities purchased by the Company and those purchased by the subsidiaries: • The Company and its subsidiaries do not have any such recovery, purchase, or cancellation of any recoverable debt instruments. Information on any business or contracts where the Company is a party thereof and there is an interest for a Board member, CEO, CFO, or any person related to them: • The Company acknowledges that there is no contract where the Company is a party thereof and where there is an interest for a Board member, CEO, CFO, or any person related to them. Description of any arrangements or agreement under which a Board member or senior executive has waived any rights to salary or compensation: • None of the Board members or senior executives has waived any rights to salary or compensation. Description of any arrangements or agreement under which a shareholder of the Company has waived any rights to dividends: • There is no arrangement or agreement where a shareholder of the Company has waived any rights to dividends. Description of any transaction between the Company and any related party: • TThere is no transaction between the Company and any related party.
Description of the value of any investments or reserves created for the Company’s employees:
• There are no specific investments or reserves set aside for the Company’s employees, except those for the severance payment provisions as provided for in the Saudi Labor Law and similar laws in the countries where there are companies wholly owned by Bahri such as the USA and UAE.
The Board of Directors hereby acknowledges the following: • The accounting records have been prepared in a sound manner • The internal control system has been established on a sound basis and implemented effectively
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The National Shipping Company of Saudi Arabia ( )
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