Annual report eng.2018

65 ANNUAL REPORT 2018 3) Nominations and Remunerations Committee: The Nominations and Remunerations Committee was re-composed of three members according to the board of directors’ decree issued on 25 April 2016 for a three years period. 4) Strategic Financial Planning committee The Committee has been composed of three members according to the board of directors’ decree No.9/ 2018 issued on 10 May 2018. Committee members Committee members Committee duties Committee duties Post Post 1) Recommend the acceptance of the nomination and re-nomination of members of the board of directors and executive management. 2) Review the remunerations policy of the board of directors and executive management members, determine the various segments of remunerations to be granted to employees such as the fixed remunerations segment, performance related segment, remunerations in the form of shares segment, end of service indemnities, benefits, advantages and other allowances segment, and review of the employees annual evaluation reports. 3) Lay down the job description for the executive members, non executive members and independent members. 4) Ensure that the independence capacity of the independent member of the board is not eliminated. 5) Prepare a detailed annual report on all the remunerations offered to the board of directors and executive management members, whether they are in the form of amounts of money, advantages or privileges, regardless of their type and name, and ensure the presentation of this report to the Company general assembly for approval and that it is read by the chairman. 1) Assist in the development and implementation of strategy, operational plans, policies, procedures and budgets. 2) Monitoring operational and financial performance on a regular basis. 3) Risk assessment and control. 4) Prioritize and allocate resources. 5) Facilitate decision-making on matters of importance that require immediate decisions. 6) Lead and facilitate the change and learning in the company. 7) Review the company's policies and procedures Committee Meetings Committee Meetings 1/2018 1/18 2/18 3/18 4/18 5/18 6/18 7/18 8/18 9/18 10/18 2/2018 3/2018 Member classifi -cation Member classifi -cation Non executive 100% 0% 0% 0% 100% 100% Non executive Non executive Non executive Independent Independent Attendance Percentage Attendance Percentage Absence Percentage Absence Percentage Mr. Rashid Yaccoub Al Nafisi Mr. Abdul rahman Al Shared Committee chairman Committee chairman 100 % 0 % 100 % 0 % 100 % 0 % Committee member Committee member Committee member Committee member Mr. Mohamed Khaled Othman Al Othman Mr. Mohamed Al Othman Mr. Abdulhameed Mohamed Deeb Mihrez Mrs. Rasha Al Qenaie