Abu Dhabi National Energy Company Corporate Governance Report for the year December 31,2025 | premargin
Abu Dhabi National Energy Company Corporate Governance Report for the year December 31,2025
·ADX·Financial Reports | Corporate Governance Report·March 6, 2026·View on exchange
AI Summary
TAQA’s Board of Directors endorsed a proposal for AED 29,310,000 in total board and committee fees for the 2025 financial year, subject to shareholder approval at the Annual General Assembly on March 12, 2026.
Adrian Kershaw was appointed as the new Chief Financial Officer effective February 15, 2026, succeeding Steve Ridlington.
PricewaterhouseCoopers (PwC) Middle East served as the external auditor for 2025, receiving AED 2,572,800 for audit fees and AED 12,421,748 for special non-audit services.
As of December 31, 2025, the company's major shareholders are Abu Dhabi Power Corporation (ADPower) with a 90.034% stake and Two Point Zero Group PJSC with a 7.2902% stake.