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| Announcement Detail | Saudi Aramco Base Oil Company – Luberef (“Company”) is pleased to announce the formation of its Board-Level Sustainability and Health, Safety and Environment Committee ("S&HSE Committee”), further strengthening the Company’s corporate governance framework and commitment to sustainability, health, safety and environmental excellence. The S&HSE Committee will support the Board in oversight of related matters, promoting sustainable growth, and ensuring that ESG & HSE considerations are effectively integrated into the Company’s strategy, operations and investment-decision making. The S&HSE Committee comprises the following members, who possess significant leadership experience in sustainability, health, safety and environmental matters: 1- Eng. Abdullah S. Al-Suwailem: Chairman (nominated) 2- Eng. Nabelah M. Al-Tunisi: Member 3- Eng. Omar A. Al-Bassam: Member The term of the S&HSE Committee shall correspond with the term of the Board of Directors, which expires on 14 August, 2027G. |