NOMINATION AND REMUNERATION (N&R) COMMITTEE

Statement of N&R Committee members and their tasks/duties

The N&R Committee is composed of the following members as of 31st Dec 2021:

NAME OF AC MEMBERS

POSITION

STATUS

Engr. Abdulla Atatreh

Chairman

Independent/Non-Executive Director

Mr. Mohamed Ahmad Alhammadi

Member

Independent/Non-Executive Director

Eng. Waleed Mohammad MohammadEng. Waleed Mohammad Mohammad resigned from his position as a board member on June 10th 2021.

Member

Independent/Non-Executive Director

Dr. Abdulaziz Fahad H. AlongaryDr. Abdulaziz Fahad H. Alongary was appointed as N&R Committee member to replaced the resigned member.

Member

Independent/Non-Executive Director
The primary tasks of the N&R Committee are as follows:
  • Verification of ongoing independence of independent board members.
  • Formulation and annual review of the policy on granting remunerations, benefits, incentives and salaries to Board members and employees.
  • Determination of Company’s need for resource and basis of selection.
  • Formulation, supervision of application and annual review of the Company›s human resources and training policy.
  • Organization and follow-up procedure of nomination to the membership of the Board of Directors.

Number of N&R Committee meetings held during the year 2021 along with dates/attendees

N&R COMMITTEE MEETINGS HELD DURING 2021

31/08/2021

10/06/2021

14/11/2021

Engr. Abdulla Atatreh

Mr. Mohamed Ahmad Alhammadi

Eng. Waleed Mohammad MohammadEng. Waleed Mohammad Mohammad resigned from his position as a board member on June 10th 2021.

Resigned

Resigned

Dr. Abdulaziz Fahad H. AlongaryDr. Abdulaziz Fahad H. Alongary was appointed as N&R Committee member to replaced the resigned member.
Engr.