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ANNUAL REPORT
2016
Name
Board of directors Meeting
Attendance
Percentage
Absence
Percentage
No. of
resignations
1 2 3 4 5 6 7 8 9 10 11
Mr. Rasheed
Yaccoub Al
Nafisi
100 % 0 %
34
Mr. Abdulrahman
Mohamed
Rashed Al Shared
91 % 9 %
Mr. Mohamed
Deeb Mehrez
100 % 0 %
Mr. Mohamed
Khaled Othman
Al Othman
82 % 18 %
Mr. AbdulAziz
Abdullah Al
Rasheed
Previous Board member whom his
2016/03/28 membership ended on
Mrs. Rasha
Abdulla Muhlhal
Al Qennai
New Board
member who
has been
elected on
2016/03/28
100 % 0 %
• The Company board of directors held 11 meetings in 2016, which were all held at the Company
management headquarters, except meeting No.6 which was held in Dubai Emirate, in Mazaya Dubai
Company, one of the subsidiary Companies.
• Implementation of the registration and coordination requirements and keeping the Company board
of directors meeting minutes
The board of directors secretary assists the board of directors on continuous and constant basis
to ensure that they receive all the required information. Further, he assists the chairman with all
matters related to the preparation of the agendas of the board meetings, issuing invitations to the
board members, forwarding all the documents and information relevant to the agenda through the
Boardvantage program at least three working days in advance of the meeting date, registering all the
decrees and discussions held between the members, registering the results of voting of the members
on the decrees, and coordinate and keep all the documents discussed during the meetings.
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