Details of ownership of Board Members, their spouses and minor children in the Company’s shares or debt instruments during 2013
Ownership at the beginning of the year
Ownership at the end of the year
Change during the Year
Variance Percentage
Name of the Board Member
Title
Abdullah Sulaiman Al-Rubaian
Chairman
1,000,000
1,270,153
270,153
27%
Mohammed Abdulaziz Al Sarhan Vice Chairman
496,903
469,002
(27,901)
(5.6)%
Esam Hamad Al-Mubarak
Board Member
80,000
80,000
-
-
Nasser Mohammed Al-Kahtani
Board Member
-
-
-
-
Saleh Abdullah AlDebasi
Board Member
2,500
2,500
-
-
Abdulkarim Ibrahim Al-Nafie
Board Member
13,000
63,000
50,000
384.6%
Farraj Mansour Abothenain
Board Member
25,000
25,000
-
-
Abdullah Ali Al-Ajaji
Board Member
-
-
-
-
Ghassan Abdulrahman Al-Shibl
Board Member
35,000
35,000
-
-
Board Committees
Three committees emanate from the Board of Directors: Strategy & Investment Committee, Audit Committee and Nomination and Remuneration Committee, with powers specified by the Board of Directors. 1. Strategy & Investment Committee This committee is entrusted with putting in place the basic principles of the Company’s strategies. It reviews them periodically, ensuring optimum exploitation of the Company’s resources, maximizing returns on investment, and deliberating issues referred thereto by the Board of Directors. Attendance Details of the Chairman and Members of the Strategy & Investment Committee during 2013
Meeting Number
Name
Title
1
2
3
4
5
6
Total
Mohammed Abdulaziz AlSarhan Chairman
6
3
3
3
3
3
3
Esam Hamad Al-Mubarak
Member
6
3
3
3
3
3
3
Abdulkarim Ibrahim Al-Nafie
Member
6
3
3
3
3
3
3
Farraj Mansour Abothenain
Member
6
3
3
3
3
3
3
Ghassan Abdulrahman Al-Shibl
Member
4
5
3
3
3
5
3
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