The Board

Every three years, SISCO's shareholders elect a new board of directors that is accountable to the shareholders for the direction of the company. The board has the ultimate and overall responsibility for establishing a robust corporate governance structure, to envisage the company’s strategic direction, and assist in attaining the business objectives. The CEO, with the direction of the board, is responsible for implementing strategies approved by the board, major capital expenditures and significant financial matters, while the board monitors the company’s key business risks and reviews the direction of individual business units, and other investments.

SISCO's Board of Directors comprises 7 members in compliance with, the Corporate Governance Regulation issued by the Capital Market Authority.

 BOARD BALANCE

SISCO’s board is structured and balanced in compliance with independent directors criteria requirements of Capital Markets Authority. All of the seven board members are non-executive, and three of them are independent directors with expertise in different sectors bringing independent judgment on matters of strategy, performance and utilization of resources of the company. They provide impartial views and their presence and participation improves corporate accountability.

The following table provides the classification of each member of the board of directors:

NAME OF THE BOARD MEMBER	TITLE	INDEPENDENT	EXECUTIVE	NON-EXECUTIVE
Aamer Abdullah Alireza	Chairman			√
Adnan Abdulfattah Soufi	Vice Chairman	√		√
Saleh Ahmed Hefni	Member			√
Abdulaziz Abdullatif Jazzar	Member	√		√
Muneera Hejab AlDossary	Member	√		√
Ahmed Mohammed Al-Rabiah	Member			√
Talal Nasir AlDakhil	Member	√		√

Overall, the board comprises an appropriate mix of diverse academic and professional backgrounds to provide a collective range of skills, expertise and experience relevant to support the growth and address the complexities, competition and changes in SISCO’s business environment.