Reporting Of Violations

In accordance with the corporate governance rules issued by the capital markets authority to report potential fraud and corruption violations that may damage the business environment in Shuaiba Industrial Company K.P.S.C the board of directors is keen to stress the necessary preparation of guide of policies and procedures regarding the instructions regulating the procedures and mechanisms of reporting fraud and corruption violations and the existence of an approved procedure to encourage all employees to report all important issues without prejudice to their job positions.

The company intends to ensure the timely reporting of any fraud/ conspiracy acts or violations that my disrepute the company and its financial position to the competent authorities to take appropriate remedial actions and offer an approach for proper handling of the actual concerns which the company employees may have and provide necessary protection for them against revenge and/or aggression and /or retaliation measures and encourage the employees to report any crime or violations in an accountable and ethical manner.