Saudi Aramco shareholders to elect board members on July 1

15/06/2021 Argaam

Saudi Arabian Oil Co.’s (Saudi Aramco) shareholders are set to vote on electing members of the board of directors for the upcoming three-year term, starting July 1, during the ordinary general assembly meeting scheduled for July 1.

 

The company said in a bourse statement that shareholders will vote on the board report for 2020, as well as on the Competition Standards in accordance with Article 46(3) of the Capital Market Authority's (CMA) Corporate Governance Regulations.

 

Meanwhile, they will also vote on the appointment of an external auditor, based on the recommendation of the board, to audit and review the interim financial statements of Q2, Q3 and 2021, and annual statements up to Q1 2031, and determining their fees.

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