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- Interim financial statements (quarterly) and annual closing accounts;
- Audit Committee Annual Report;
- CG & Compliance Annual Report;
- Minutes and deliberations of GA;
- All announcements published in Tadawul; and
- Any other reports or documents that the company sees that it will enhance the disclosure
and transparency process in a manner consistent with the laws and regulations.
7)
Disclosure Regarding (CSR) Policies
Savola Group shall disclose its corporate social responsibility (CSR) policies and procedures
related to employees, community and environment at least once a year in the Annual Board
Report, website and other means of communication agreed by the CSR Committee.
8)
Disclosure by the Board
The Board shall regulate the disclosures of each of its members and the members of the
Executive Management, taking into consideration the following:
a)
Maintaining a register for the disclosures of the Board members and the Executive
Management and updating it regularly based on disclosures required as per the
Companies Law, the Capital Market Law and their implementing regulations; and
b)
Making such register available to the Company’s shareholders free of charge.
9)
Disclosure to the Regulatory Bodies
The Board shall promptly disclose to the CMA or the Exchange (when applicable) all
requirements as defined by rules and regulations such as:
-
Changes in the Board membership structure (resignation, appointment and
classification).
-
Changes in Committee structures.
-
Changes in Executive Management including CEO and CFO.
-
Savola is committed to disclose all information required by CG Regulations issued
by CMA, Companies law, and other regulations.
10) Disclosure limitations
Board members may not disclose, in any place other than the GA meetings, the company’s
confidential information and may not benefit for themselves or for their relatives or third
parties. Failure to do so would cause dismissal and compensation shall be claimed from
them.
b)
Additional initiatives to support the principle of disclosure and
transparency:
1.
Continuously pursuing the application of international best practices in disclosure
and transparency, such as S&P and OECD principles, and reflecting this in the
Annual Board Report, website and any other reports or publications of the Savola
Group.
