Statement of Company Senior Executives in 2013 Name Title Saleh Nasser Al-Jasser Chief Executive Officer Abdulaziz Khalid Al-Rasheed
Vice Chief Executive Officer, Planning & Business Development
Mohammed Omair Al-Otaibi
Vice Chief Executive Officer, Finance
Saleh Abdulrahman Al-Shamekh
President (Oil & Gas)
Ahmed Sulaiman Al-Eidan
Assistant Chief Executive Officer, Board Secretariat and Communications
Details of ownership of Senior Executives, their spouses and minor children in the company’s shares or debt instruments issued by the company during the year 2013
Ownership at the beginning of the year
Ownership at the end of the year
Change during the Year
Change Percentage
Name
Saleh Nasser Al-Jasser
200,000
210,835
10,835
5.4%
Abdulaziz Khalid Al-Rasheed
-
-
-
-
Saleh Abdulrahman Al-Shamekh
-
-
-
-
Mohammed Omair Al-Otaibi
-
-
-
-
Ahmed Suleiman Al-Eidan
20,000
-
(20,000)
(100%)
Details of Compensations and Remunerations for the five Executive Management members during the year 2013* Item Amount (SAR 000) Salaries and Remunerations 6,082 Allowances 1,075 Annual Bonuses 8,877 Incentives - In-kind Compensations and other Benefits - Total 16,034 Conclusion This annual report for 2013 has been prepared in accordance with the standards for transparency and disclosure, the Capital Markets Authority (CMA) requirements, the standards of the Saudi Organization for Certified Public Accountants (SOCPA), and the International Financial Reporting Standards (IFRS). The Board of Directors would like to take this opportunity to express its deepest gratitude to the Custodian of the Two Holy Mosques, King Abdullah Bin Abdulaziz, his Royal Highness Prince Salman Bin Abdulaziz, Crown Prince and Deputy Prime Minister and Minister of Defense, ‘May God protect them’ and to the Saudi Government of true faith, especially the Ministry of Finance, Ministry of Commerce and Industry, Ministry of Transport, Public Investment Fund, and Capital Markets Authority. The Board is also pleased to thank the shareholders and customers of the Company and expresses its deep gratitude for their support and confidence. This has inspired and propelled the Board to lead the Company to success. The Board of Directors would also like to extend their thanks and appreciation to the Executive Management and all employees of the company for their sincere efforts to enhance the performance and to achieve the Company’s goals. “May God Grant us Success” *The CEO and CFO are included in the list of five top executives
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