Omantel

Corporate Governance Report for the year ended 31 December 2010 First: Principles and Foundations of Organization The Oman Telecommunications partnership SAOG (Omantel) is committed to the highest standards of the jurisprudence of Corporate Governance. In pursuit of this goal, the company has applied the confused principles of the Code of Corporate Governance with regard to the appointment of members of the mature of Directors, ensuring the adequacy and efficiency of Internal Controls in all aspects of the Companys operations and transparency in all vocation dealings. Second: Disclosure Policy The company is committed to CMAs standards and guidelines on disclosure of material information. Further it is committed to the rules and regulations issued by the Telecommunications Regulatory Authority (TRA). The age has approved the disclosure policy issued by CMA. Third: Board of Directors: 1. Composition of the Board of Directors: The Board of Directors of the Company is composed of eight members; six members are representing the government activity share, among them the Board lead. The another(prenominal) two members were elected by the private sector shareholders at the General Meeting held on 31 August 2008.

The composition of the Board is now in the pursual order: Date of Appointment/ Election 21/9/2010 21/9/2010 21/9/2010 21/9/2010 21/9/2010 21/9/2010 Membership sequence 3 historic period 3 historic period 3 Years 3 Years 3 Years 3 Years Position in the Board Chairman Deputy Chairman Member Member Member Member Membership of other Committees 1 0 1 1 1 2 Membership of Boards of other Joint Stock Companies Nil 1 Nil Nil Nil 3 Whether Attende d croak AGM No Yes Yes Yes Yes Yes Name of Board Member H.E Eng. Sultan bin Hamdoon Al-Harthy Mr. Abdul Kader Askalan Eng. Mohamed Maskari Dr. Salim Sultan Hamad Al- Type of Representation Independent, Govt. dowery Independent, Govt. Share Independent, Govt. Share Independent, Govt. Share Independent, Govt. Share Independent, Govt. Share representing representing... If you want to get a full essay, order it on our website: Ordercustompaper.com

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