ARDCO Annual Report 2023 English

5: Remuneration & Compensation

2023 Nomination & Remuneration Committee Members & Meeting Summary

Five senior executives who received the highest rewards and compensation, including the CEO and Chief Financial Officer

Item

1

Salaries and compensation

8،824،194

2 3 4 5

Benefits

- -

Periodic and annual rewards

Abdul-Ilah Abdulrahman AlHussein Committee Head - Board Member

Dr® Fahad Mousa AlZahrani External Party

Abdullah Mohammed AlBahouth Board member

Incentive plans

6،584،461

Any other compensation or in-kind benefits paid monthly or annually

-

The Nomination & Remuneration Committee conducted four meetings from 01-01-2023 to 31-12-2023: Meetings

Second 18/05/2023

Third 22/05/2023

Fourth 11/12/2023

First 30/01/2023

Committee Members

1

Abdul-Ilah Abdulrahman AlHussein | Committee Head

Present

Present

Present

Present

2 Dr. Fahad Mousa AlZahrani | Member

Present

Present

Present

Present

3 Abdullah Mohammed AlBahouth | Member

Present

Present

Present

Present

43

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