| Element List | Explanation |
|---|---|
| Announcement Detail | The Board of Directors of Filling and Packing Materials MFG. CO. (FIPCO) are elected for the current term, which commenced on 01/01/2019 to 31/12/2021, at its first meeting at 01:00 pm on Tuesday 01/01/2019, where the following resolutions were approved: |
1. The appointment of Mr. Ahmed Abdullattif Albarrak (non-executive) Chairman of the Board of Directors for the current term, which commenced on 01/01/2019 to 31/12/2021.
2. The appointment of Mr. Faisal Muhammad Alharbi (executive) Vice Chairman and the Managing Director for the current term, which commenced on 01/01/2019 to 31/12/2021.
3. Formation of the board committees as follows:
• The Nomination and Remuneration Committee for the current term, which commenced on 01/01/2019 to 31/12/2021 includes:
1- Mr. Nemer Nasser Alharbi (Independent), as the chairman of the committee.
2- Mr. Ali Saleh Alshidoukhi (Independent out of the board), as a member.
3- Mr. Ahmed Abdullattif Albarrak (non-executive), as a member.
• The Executive Committee for the current term, which commenced on 01/01/2019 to 31/12/2021 includes:
1- Mr. Ahmed Abdullattif Albarrak (non-executive), as the chairman of the committee.
2- Mr. Abdulrahman Ibrahim Almudaimeegh (Independent), as a member.
3- Mr. Faisal Muhammad Alharbi (Executive), as a member.
• The Corporate Governance Committee for the current term, which commenced on 01/01/2019 to 31/12/2021 includes:
1- Mr. Abdullah Muhammad Alharbi (executive), as the chairman of the committee.
2- Ahmed Abdullattif Albarrak (non-executive), as a member.
3- Mr. Salah Muhammad Sabry (Executive out of the board), as a member.
It is worth to mention that The formation of the Audit Committee and selection of its members was approved by the 31st General Assembly meeting held on Wednesday 19/12/2018.
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