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Saudi Arabian Oil Company (Saudi Aramco) Announces the Results of the Ordinary General Assembly Meeting (First Meeting)

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Introduction Saudi Arabian Oil Company (Saudi Aramco) announces the results of its Ordinary General Assembly Meeting (First Meeting).
City and Location of the General Assembly's Meeting Saudi Aramco Headquarters in Dhahran, virtual attendance.
Date of the General Assembly's Meeting 2021-07-01 Corresponding to 1442-11-21
Time of the General Assembly's Meeting 19:00
Percentage of Attending Shareholders 98.45534%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees The following board members attended the Ordinary General Assembly Meeting:

HE Yasir O. Al-Rumayyan (Chairman)

HE Dr. Ibrahim A. Al-Assaf (Vice Chairman)

HE Mohammed A. Al-Jadaan

HE Mohammad M. Al-Tuwaijri

HE Nabeel M. Al-Amudi

Sir Mark Moody-Stuart

Mr. Andrew N. Liveris

Ms. Lynn Laverty Elsenhans

Mr. Peter L. Cella

Mr. Mark A. Weinberger

Mr. Amin H. Nasser

Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf Sir Mark Moody-Stuart (Compensation Committee Chair)

Mr. Andrew N. Liveris (Nomination Committee Chair)

Ms. Lynn Laverty Elsenhans (Audit Committee Chair)

Mr. Peter L. Cella (Risk and HSE Committee Chair)

Voting Results on the Items of the General Assembly's Meeting Agenda's 1- Approval of the Board of Directors Report for the financial year ended on December 31, 2020.

2- Approval of the appointment of PricewaterhouseCoopers (PwC) to be the External Auditor for Saudi Aramco, based on the recommendation of the Board, to perform audits and review of the interim financial statements starting with the 2021 quarterly (second and third) and annual statements up to and including the first quarter of 2031 and determining their fees.

3- Approval of the election of the members of the Board of Directors for the next term, which begins on 01/07/2021 for a period of three years ending on 30/06/2024. They are:

• HE Yasir O. Al-Rumayyan

• HE Dr. Ibrahim A. Al-Assaf

• HE Mohammed A. Al-Jadaan

• HE Mohammad M. Al-Tuwaijri

• Mr. Khalid H. Al-Dabbagh

• Mr. Andrew N. Liveris

• Ms. Lynn Laverty Elsenhans

• Mr. Peter L. Cella

• Mr. Mark A. Weinberger

• Mr. Stuart T. Gulliver

• In addition to the above elected directors, the Company’s President & CEO is a member of the Board of Directors, in accordance with the Company’s Bylaws.

• In accordance with the Company’s Bylaws, the State has appointed HE Yasir O. Al-Rumayyan to be the Chairman of the Board and HE Dr. Ibrahim A. Al-Assaf to be the Vice Chairman of the Board.

4- Approval of Saudi Aramco’s Competition Standards in accordance with Article 46(3) of the CMA Corporate Governance Regulations.

The Capital Market Authority and the Saudi Stock Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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