Estithmar - 2022 Company Snapshot
Estithmar-Governance
Holding Q.P.S.C.
External
Audit
Governance,
Risk &
Compliance
12
Audit & Risk
Committee
Shareholders
Board of Directors
Nomination &
Remuneration
Committee
Managing Director
GCEO
Internal Audit
Executive
Management
team
Policies &
Procedures
Laws & Regulations
Key Governance principles
Executive
Committee
Ethics &
Transparency
Structured and robust approval process following a comprehensive
delegation of authorities (DOA).
Arm's length dealings with related parties - all transactions subject to
comparable terms and conditions, and the same stringent approval
processes as non-related transactions.
Competitive procurement and contracting process.
Third party audit reporting against major related party transactions
AGM approval for any transaction or series of linked or related
transactions aiming to own, sell, lease, exchange, or otherwise dispose
of (except for establishing guarantees) assets of the Company or assets
to be acquired by the Company or transactions which would change the
essential nature of the Company business; or those whose gross value
exceeds (10%) of the lesser of either the Company's market value or
the net value of the Company's assets according to the latest
announced financial statements.View entire presentation