Investor Relations


Corporate Governance



The framework for Ma'aden's Corporate Governance is set by the provisions of the Corporate Governance Regulations issued by Capital Market Authority (CMA) of the Kingdom of Saudi Arabia, the Companies law and Ma'aden Articles of Association.

The objective of Corporate Governance is to ensure compliance with the best governance practices in order to protect the shareholders rights, as well as the rights of other stakeholders.

In its Articles of Association, Ma'aden creates the mechanism for the shareholders to exercise their rights during General Assembly Meetings, including the appointment of the Board of Directors at the General Assembly.


Ma'aden aims at complying with standards of corporate governance which are in accordance with the international best practice. We are sensitive to the expectations of our shareholder.

Ma'aden is diligent in its approach to reporting financial results and its ongoing communication with investor community, as well as fulfilling its disclosure obligations.

According to Ma'aden's Articles of Association, there are the following governing bodies:

  • the General Assembly
  • the Board of Directors


In the course of enhancing Ma’aden corporate Governance, the Company complies with all applicable laws and regulations and ensures its efficient application, by issuing a number of bylaws, policies and internal directives which aim to achieve quality and excelling in performance through choosing appropriate and effective methods to accomplish the Company objectives. This will enhance the Company mission of transparency and integrity and will maintain investors’ confidence in the Company.

These documents are: