Board Leadership, Succession and Governance Framework
This year marked a number of important succession developments at both Board and executive management levels. In October, the Board appointed a new Chairman and Vice Chairman, while previous office holders continue as board members. These transitions were carefully managed to ensure continuity, stability, and alignment with Mobily's long-term ambitions. While the composition of Board committees remained largely unchanged, the Board strengthened committee mandates in 2025, particularly those related to cybersecurity oversight and digital transformation. Mobily also continued to enrich its governance framework through the ongoing development and refinement of policies relating to ethics, compliance, and internal controls.
Board Oversight
During the year, the Board’s primary focus was on overseeing the development and launch of the SHINE strategy, alongside ongoing monitoring of financial and operational performance. The Board placed particular emphasis on the effectiveness of internal controls, risk management, and compliance frameworks, reflecting Mobily’s ongoing commitment to safeguarding the long-term interests of our stakeholders.
The Board also strengthened its oversight approach through enhanced reporting, deeper engagement with executive management, and regular updates from Board committees.
Board Independence, Composition and Effectiveness
The Board maintains its independence through a clear separation of roles, a majority representation of independent and non-executive directors, effective committee oversight, and transparent reporting processes.
Mobily’s Board composition benefits from a strong mix of expertise across telecommunications, finance, technology, governance, and public policy, enabling it to provide effective oversight of the Company’s evolving strategic direction.
Culture and Stakeholder Engagement
The Board continues to promote and uphold Mobily’s culture and values. During the year, the Board maintained oversight of the application of the Code of Ethics and the Company’s broader approach to responsible business conduct. The Board also maintains regular engagement with shareholders, regulators, employees, and customers through various channels, ensuring that stakeholder insights inform Board oversight and decision-making.
Looking Ahead
In the year ahead, the Board’s priorities include optimizing operations and investments, overseeing the execution of the SHINE strategy, monitoring major digital infrastructure investments, strengthening data and cyber governance, supporting leadership development, and ensuring continued alignment with evolving regulatory environment in the Kingdom. Mobily remains committed to the highest standards of governance, transparency, and accountability. As the Company enters its next phase with the SHINE strategy, the Board will continue to strengthen governance foundations to support sustainable growth and long-term value creation for shareholders.
Independent Board Oversight
60% of the Board comprises independent directors, strengthening objective oversight and balanced decision-making
Active Board Engagement
The Board convened 9 meetings during 2025, with an overall attendance rate of 99%