Mabanee has three committees emanating from its Board of Directors, which are (the Audit and Risk Committee, the Nominations and Remuneration Committee and the Investment Committee). These committees work as supporting arms for the Board of Directors in the administrative oversight process, studying topics related to the nature of its work in detail and issuing recommendation to the Board of Directors to enable it to make sound decisions.

To access those Charter, please click on below links:

• Investment Committee Charter
• Audit and Risk Committee Charter
• Nominations and Remuneration Committee Charter

Audit Committee Report

• Audit Committee Report 2023
• Audit Committee Report 2024

Mabanee Company’s Article of Association explain the key details that define the Company, its business and the rules and procedures governing it, indicating the legal framework that Mabanee is required to adhere to when conducting its business, in addition to local laws, regulations and best practices. The aforementioned Articles of Association also include the Company’s activities and capital, in addition to clarifying the responsibilities of the Board of Directors and executive management, features of the Remuneration Policy, shareholders’ rights and meetings’ procedures, in addition to the method of appointing the external auditor and his role, the dividend distribution policy and other matters.

Mabanee Company’s Articles of Association are deemed a constitution and a legal reference for all matters of concern to the stakeholders.

Mabanee Company’s capital amounts to KD 139,515,566.300, distributed among 1,395,155,663 shares , where all values are cash and the value of each is one hundred fils. The following is a list of the major shareholders with 5% and above:

The above equity percentages are according to trading records as in 31/12/2023. They may change from time to time according to the purchasing and selling movement in the Company’s shares.

investorsrelations@mabanee.com

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