General Committee

1.Form an Executive Committee from among its members under the name "Executive Committee," nominate its members, and also nominate three reserve members for the Executive Committee.

2. Provide general guidance and direction to the Executive Committee regarding common issues faced by the finance sector in the Kingdom of Saudi Arabia.

3. Monitor the activities of the Executive Committee for General Managers and evaluate its performance to ensure its effectiveness and achievement of the desired goals.

4. Propose and make necessary amendments to this document and develop it as needed, by majority vote, provided that the institution does not object to these amendments before final approval.

Chair of the Committee

5. Ensure the effectiveness and success of the General Committee, in addition to the ongoing follow-up of all tasks assigned to the General Committee.

6. Develop the General Committee's plans to contribute to the accomplishment and development of the Committee's work.

7. Manage discussions and debates in General Committee meetings, and provide a conducive environment in meetings to help achieve the benefits of exchanging views and perspectives efficiently.

8. Communicate with the Executive Committee to ensure tasks and projects assigned to it are progressing as required.

9. Provide the institution representative with all documents through a handover report at the end of their term, so the representative can then hand over the documents to the new Committee Chair.

10. Sign with the Secretary and approve the final version of the meeting report.

11. Deliver to the institution an updated copy of this document at the beginning of each calendar year, including the desired objectives of any changes made, if applicable.

Vice Chair of the Committee

12. If the Chair of the General Committee is replaced, leaves, or is relieved before the end of their term, the Vice Chair will take their place and assume all their responsibilities.

‏Secretary

13. Prepare all arrangements for meetings, including the meeting venue; organize and coordinate the proposed topics in the agenda and have it approved by the Committee Chair. Responsible for sending the agenda along with the documents to be discussed in the meeting to all Committee members and a copy to the institution representative via email at least ten (10) working days before the meeting.

14. Prepare meeting minutes after each Committee meeting, recording the names of attendees, all topics discussed, decisions voted on, objections, and cases of abstention, including reasons if any.

15. Send the meeting minutes to all Committee members and the institution representative within ten (10) working days after the meeting via email, before they are approved and signed by the Committee Chair and the Secretary. Comments and feedback should be provided to the Secretary within five (5) working days from receiving the report.

16. Sign with the Chair on the final version of the meeting report

17. Keep all reports and minutes in a manner that allows for easy retrieval.

Deputy Secretary

18. If the Secretary of the General Committee is absent, leaves, or is relieved before the end of their term, the Deputy Secretary will take their place and assume all their responsibilities.

Committee Members

19. Participate in the issues, risks, and challenges facing them that impact the finance sector.

20. Stay informed about all developments in the finance sector, including new regulations and changes to existing rules, whether from the institution or other relevant regulatory bodies, in addition to keeping up with international developments.

21. Adhere to high professionalism by actively participating in the discussions during Committee meetings.