Petro Rabigh Approves election of Nine Board members

Rabigh Refining and Petrochemical Co. (Petro Rabigh) announced on Thursday the results of the Ordinary General Assembly Meeting (First Meeting) that was held remotely through modern technology features from Petro Rabigh Community in Rabigh.

The percentage of attending shareholders reached % 79.18.

Results of voting on the assembly’s agenda were as following:

1. Approve on the election of the Board members from among the candidates for the next term, commencing from 03/11/2021, for a term of three years, ending on 02/11/2024.

The following are the names:

2.

1. Eng. Ibrahim Qassim Al-Buainain
2. Eng. Suleman Amer Al-Bargan
3. Eng. Othman Ali Al-Ghamdi
4. Mr. Noriaki Takeshita
5. Mr. Takashi Shigemori
6. Eng. Seiji Takeuchi
7. Eng. Mohammed Abdullatif Al-Omair
8. Eng. Saleh Fahad Al-Nazha
9. Mr. Abdullah Jaber Al-Faifi
10. Approve on the formation of the Audit Committee, and the definition of its duties, work regulations and remuneration of its members for the new term, starting from 3/11/2021 until the end of the term on 2/11/2024, The following are the names:
11. Eng. Suleman Amer Al-Bargan
12. Mr. Noriaki Takeshita
13. Eng. Mohammed Abdullatif Al-Omair
14. Mr. Abdullah Jaber Al-Faifi
15. Approve on the Board of Directors resolution on the formation of the Nomination and Remuneration Committee, and the definition of its duties, work regulations and remuneration of its members for the new term, starting from 3/11/2021 until the end of the term on 2/11/2024 The following are the names:
16. Eng. Suleman Amer Al-Bargan
17. Mr. Takashi Shigemori
18. Eng. Mohammed Abdullatif Al-Omair
19. Mr. Abdullah Jaber Al-Faifi

1. Approve on the delegating the Board of Directors for its new session starting on 03/11/2021 with the authority powers of the General Assembly stipulated in paragraph(1) of Article (71) of the Companies Law, for a period of one year starting from the date of the approval by the General Assembly or until the end of the delegated Board of Directors’ term, whichever is earlier, in accordance with the conditions set forth in the Regulatory Rules and Procedures issued pursuant to the Companies Law relating to Listed Joint Stock Companies.