Within the framework of the company’s governance rules, the Board of Directors has established two main committees based on the company’s needs, conditions, and nature of its operations. These committees assist the Board in performing its duties and responsibilities effectively, enhance supervision, oversight, and decision-making controls within the company. The committees are:
The Audit Committee is responsible for overseeing financial reports, internal control systems, risk management, and ensuring the independence of internal auditors.
This committee is responsible for reviewing the company’s investment strategies and policies, supervising its investment activities, and evaluating investment opportunities.
The Board supervises the work of these committees, which regularly present their findings and recommendations to the Board. The committees’ scopes, tasks, and compositions are summarized as follows: