Tasks of Audit Committee and duration of action:
1 – Supervising the internal audit department in the company, in order to verify the effectiveness of the implementation of the business and the tasks set by the Board of Directors.
2 – Reviewing the internal control system and write a recommendation report on this matter.
3 – Reviewing of internal audit reports and follow up the implementation of corrective actions to notes contained therein.
4 – Recommend Chartered Accountants for the Board of Directors and determine their fees, and take into account when recommending appointment to ensure their independence.
5 – Follow-up of Chartered Accountants, and the adoption of any work outside the scope of audit work assigned to them during their audit work.
6 – Reviewing audit plan with the accountant and legal giving notes.
7 – Reviewing notes chartered accountant on the financial statements and follow up on that.
8 – Study and interim financial statements before submission to the annual Board of Directors and to express an opinion and recommendation in this regard.
9 – Study of accounting policies and place the opinion and recommendation of the Governing Council in the matter.

Committee members:

1- Waleed Amer Abdulrahman Al-Rumaih, Chairman.

2- Hani bin Abdullah Abu Al-Naja, from outside the board members.

3- Rashed bin Abdullah Al-Rashed, from outside the board members.