Dagal Factories Co. Board committees

The Board of Directors has formed independent commissions of the Council, so as to help the Council to play its role in an optimal manner. The Board is committed to provide all necessary resources and information that will assist these committees in the performance of their duty effectively. The work of each committee is subject to a written professional responsibilities and requirements of the rules and composition of the Commission.

Revision Committee:

Revision Committee was formed in accordance with the requirements of corporate governance, based on the recommendation of the Board of Directors and approval of the company’s General Assembly with effect from 2015. The committee is composed of members with the necessary experts of the company’s non-executive and this committee raise its reports to the Board of Directors. The current audit committee members are:

The Commission is keen since its inception to carry out accurate audits of matters concerning financial risks and governance of the company and the supervision and control of audit activities in order to ensure the safety of the internal control systems and the preservation of the company and the integrity of the financial statements of assets, and strengthen the material disclosures and other material for the company. The Committee also works to guide the internal audit in three basic axes are corporate governance, risk management and internal control.

Remuneration and Nominations Committee:

Rewards and nominations committee was formed according to the requirements of corporate governance,and based on the Board of Directors recommendation and approval of the General Assembly of the company with effect from 2015. Where it is made up of members with the necessary expertise, most of them are non-executive in the company, this Committee raises reports to the Board of Directors. The current audit committee members are:

The Commission is keen since its inception to employment, compensation, and the powers and remuneration of the Board of Directors and the occupants of the company’s top jobs. The purpose of the establishment of this committee is to ensure the ability of board members to oversee the company’s affairs perspective in the interests of shareholders and bonuses paid to the members of the Board of Directors and the occupants of senior posts are aligned with the role they are playing

Overseeing the sustainability and preparing for the first family forum commitee:

A temporary committee was formed to oversee the sustainability file and prepare for the first Family Forum and its activities until the formation of committees of the family council.

The Board of Directors secretary

Name: Al-Sayed Abdulmawla Ahmed
tel: 00966148458535
fax:  00966148458542

mobile:  00966503314323
e-mail:  secretaryBD@aldagal.com

correspondence address: Al-Medina, Al-Khalil district,Al-Oyoon road. P.B: 587