STRONG GOVERNANCE AND COMMITMENT TO ACCOUNTABILITY AND TRANSPARENCY ARE CENTRAL TO HOW SOHAR ALUMINIUM OPERATES

Sohar Aluminium has developed and implemented world class management and oversight systems to improve the efficiency, transparency, and quality of its operations at every level; operational decisions are guided by the Board of Directors and the Executive Committee.

Corporate Governance

Sohar Aluminium operates under the direction of the company’s Board of Directors; the Board of Directors contains five directors representing the shareholder companies. Sohar Aluminium’s Chief Executive Officer, Chief Operating Officer and Chief Financial Officer attend quarterly board meetings. Effective 19 February 2012, OQ’s representative serves as the Chairman of the Board. Board members have fixed terms and compensation, as defined in the shareholders’ agreement.

Sohar Aluminium Executive Committee (ExCo) is responsible for the daily management of the company’s operations. Composed of five members including the Chief Executive Officer (CEO), Chief Financial Officer (CFO), Chief Operating Officer (COO), General Manager of Human Resources & Corporate Affairs, and General Manager of Strategy & Growth. The ExCo meets on a regular basis to discuss the company’s progress, giving due attention to Sohar Aluminium’s Business Strategy with sustainability at its helm.. In this way, the ExCo has acute engagement with sustainability topics.