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Home > Reports > Annual Report 2021 > Governance > Board Meetings

BOARD MEETINGS

The Board of Directors meets at least twice a year at the Chairman's invitation. The Chairman may also convene a meeting if so requested by two members of the Board, the external auditor, the internal audit department, or the CEO. The quorum for a Board meeting is at least five members. A member of the Board has the right to authorize another member to attend the meeting on his behalf.

During the year ended December 31, 2021, the Board met four times.

Attendance record

Member name
  • Title
  • 1st meeting March 9, 2021
  • 2nd meeting June 22, 2021
  • 3rd meeting September 28, 2021
  • 4th meeting December 15, 2021
  • Total
Title 1st meeting March 9, 2021 2nd meeting June 22, 2021 3rd meeting September 28, 2021 4th meeting December 15, 2021 Total
Khalid Hashim Al-Dabbagh Chairman Attended Attended Attended Attended 4
Yousef Abdullah Al-Benyan Vice-Chairman and CEO Attended Attended Attended Attended 4
Ziad Thamer Al-Murshed Board Member Attended Attended Attended Attended 4
Olivier Gerard Thorel Board Member Attended Attended Attended Attended 4
Abdullah Mohammed Al-Issa Board Member Attended Attended Attended Attended 4
Calum Grigor MacLean Board Member Attended Attended Attended Attended 4
Dr. Khaled Hamza Nahas Board Member Attended Attended Attended Attended 4
Mohammed Talal Al-Nahas Board Member Attended Attended Attended Attended 4
Nader Ibrahim Al-Wehibi Board Member Attended Attended Attended Attended 4

BOARD OWNERSHIP

As on December 31, 2021, Board members, their spouses and their minor children had the following shareholding in SABIC and/or its subsidiaries:

Beginning of the year, no. of shares

Board Member
  • SABIC
  • SABIC AGRI-NUTRIENTS
  • Saudi Kayan
  • Yansab
SABIC SABIC AGRI-NUTRIENTS Saudi Kayan Yansab
Eng. Khalid Hashim Al-Dabbagh
Mr. Yousef Abdullah Al-Benyan 44,000 8,700 23,617 1,000
Eng. Ziad Thamer Al-Murshed 30
Eng. Olivier Gerard Thorel
Mr. Abdullah M. Al-Issa 300,000 22,500
Mr. Calum Grigor MacLean
Dr. Khaled Hamza Nahas 1,026,455 215,139
Mr. Mohammed Talal Al-Nahas 200 25
Mr. Nader Ibrahim Al-Wehibi 310 13,000 350

End of the year, no. of shares

Board Member
  • SABIC
  • SABIC AGRI-NUTRIENTS
  • Saudi Kayan
  • Yansab
SABIC SABIC AGRI-NUTRIENTS Saudi Kayan Yansab
Eng. Khalid Hashim Al-Dabbagh
Mr. Yousef Abdullah Al-Benyan 44,000 7,000 177,234 1,000
Eng. Ziad Thamer Al-Murshed 30
Eng. Olivier Gerard Thorel
Mr. Abdullah M. Al-Issa 300,000
Mr. Calum Grigor MacLean
Dr. Khaled Hamza Nahas
Mr. Mohammed Talal Al-Nahas 25
Mr. Nader Ibrahim Al-Wehibi 310 13,000 350

Net change

Board Member
  • SABIC
  • SABIC AGRI-NUTRIENTS
  • Saudi Kayan
  • Yansab
SABIC SABIC AGRI-NUTRIENTS Saudi Kayan Yansab
Eng. Khalid Hashim Al-Dabbagh
Mr. Yousef Abdullah Al-Benyan -1,700 +153,617
Eng. Ziad Thamer Al-Murshed
Eng. Olivier Gerard Thorel
Mr. Abdullah M. Al-Issa -22,500
Mr. Calum Grigor MacLean
Dr. Khaled Hamza Nahas -1,026,455 -215,139
Mr. Mohammed Talal Al-Nahas -200
Mr. Nader Ibrahim Al-Wehibi

BOARD PARTICIPATION IN THE GENERAL ASSEMBLY MEETING

The company held its Ordinary General Assembly Meeting on April 13, 2021. The Board Charter requires a Board member to attend General Assembly meetings. By this mandate, the Board aims to meet with shareholders and receive their suggestions and observations about the company and its performance. The following table lists Board members’ participation in the General Assembly Meeting:

Name
  • Meeting date April 13, 2021
Meeting date April 13, 2021
Khalid Hashim Al-Dabbagh Apologized
Yousef Abdullah Al-Benyan Attended
Ziad Thamer Al-Murshed Attended
Olivier Gerard Thorel Attended
Abdullah Mohammed Al-Issa Attended
Calum Grigor MacLean Attended
Dr. Khaled Hamza Nahas Attended
Mohammed Talal Al-Nahas Attended
Nader Ibrahim Al-Wehibi Attended

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