Saudi Aramco Announces Results of Ordinary General Assembly Meeting
The Saudi Arabian Oil Company, also known as Saudi Aramco, held its Ordinary General Assembly Meeting virtually on May 19, 2025, at its headquarters in Dhahran. The meeting, which was conducted under the chairmanship of HE Yasir O. Al-Rumayyan, saw a remarkable attendance rate of 98.11% from shareholders. The assembly reviewed and discussed key reports, including the Board of Directors Report, Financial Statements, and the Auditor's Report for the fiscal year ending December 31, 2024.
Key Takeaways:
- The Ordinary General Assembly Meeting was held virtually on May 19, 2025, with an impressive attendance rate of 98.11% from shareholders.
- The meeting was chaired by HE Yasir O. Al-Rumayyan, and HE Dr. Ibrahim A. Al-Assaf acted as Deputy Chairman.
- Multiple board members were present, including HE Mohammed A. Al-Jadaan, HE Faisal F. Alibrahim, Mr. Khalid H. Al-Dabbagh, and Ms. Lynn L. Elsenhans.
- Committee chairs, such as Mr. Stuart T. Gulliver (Audit Committee) and Mr. Andrew N. Liveris (Nomination Committee), played crucial roles in the discussions.
- The meeting's agenda focused on reviewing key reports, including the Board of Directors Report and the Auditor's Report for the fiscal year ending December 31, 2024.
- Saudi Aramco has taken full responsibility for the accuracy of the information presented during the meeting.
- The Capital Market Authority and Saudi Exchange have issued a disclaimer regarding the disclosure's contents, stating they take no responsibility for its accuracy or completeness.
Statistics:
- 98.11% attendance rate from shareholders at the Ordinary General Assembly Meeting
- Fiscal year ended on: December 31, 2024
- Full attendance rate among corporate and individual shareholders
- Full responsibility taken by Saudi Aramco for the accuracy of the presented information
- No liability for loss incurred due to reliance on the disclosure's contents
Sources:
- Saudi Exchange (May 20, 2025)
- Saudi Aramco official announcement (May 19, 2025)
- Capital Market Authority and Saudi Exchange disclaimer (May 2025)