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DHAHRAN - Saudi Arabian Oil Company, popularly known as Saudi Aramco (TADAWUL:2222), conducted its Ordinary General Assembly Meeting with virtual attendance at its headquarters in Dhahran on Monday. The assembly saw a high shareholder turnout of 98.11%.
The meeting’s agenda included the review and discussion of the company’s Board of Directors Report for the financial year that ended on December 31, 2024. Shareholders also examined the Financial Statements for the same period, alongside the Auditor’s Report.
HE Yasir O. Al-Rumayyan, the Chairman of the Board of Directors, presided over the meeting with the Deputy Chairman, HE Dr. Ibrahim A. Al-Assaf, and other board members in attendance. Notably absent was Mr. Robert W. Dudley, the Chair of the Sustainability, Risk and HSE Committee.
Committee chairs such as Mr. Stuart T. Gulliver of the Audit Committee, Mr. Andrew N. Liveris of the Nomination Committee, and Mr. Mark A. Weinberger of the Compensation Committee were present to discuss respective committee insights and developments.
The meeting’s high attendance rate reflects the shareholders’ active engagement in the governance of the world’s largest oil producer. This participation is critical as the company navigates the challenges and opportunities of the energy sector.
The assembly’s proceedings are based on a press release statement and further details on the voting outcomes on specific agenda items have not been disclosed. As one of the most valuable publicly traded companies, the decisions and performance of Saudi Aramco are closely watched by investors and market analysts around the globe.
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