Governance & Compliance
Governance that protects value. Compliance that earns trust.
A governance framework behind every investment and operating decision in the group, with clear responsibilities and disciplined disclosure.
Governance Pillars
Six pillars behind how decisions are made
Nebras builds its governance framework on the practices established for holding companies in the Kingdom, in line with the Companies Law and the regulations of the relevant supervisory authorities.
The Board
The Board approves group strategy and capital allocation policy, oversees performance and risk management, and approves material transactions under a written delegation of authority.
Board committees
Specialised committees — audit, risk and compliance, nomination and remuneration, and investment — operate under approved charters and report periodically to the Board.
Conflict of interest policy
Mandatory disclosure of any direct or indirect interest, with the interested party abstaining from voting on the matter in question.
Code of professional conduct
Binding conduct rules for all group and subsidiary personnel, covering integrity, gifts and hospitality, information protection, and dealings with third parties.
Anti-bribery and anti-corruption
A zero-tolerance policy on bribery and illicit practices, with integrity screening of third parties before contracting.
Whistleblowing channel
A protected reporting channel allowing group personnel and partners to report in confidence, with explicit protection from retaliation for good-faith reporters.
Risk ManagementA live risk register — not a
A live risk register — not a
document on a shelf
Risks are classified and assessed by likelihood and severity of impact, and every risk is assigned an owner, a mitigating action and a monitoring indicator.
Risk category
Examples
Mitigating actions
Strategic risk
Shifts in market priorities or sector policy
Periodic strategy review and scenario testing at portfolio level
Operational risk
Execution slippage or supply chain disruption
Alternative supplier planning and early-warning indicators at project level
Financial risk
Volatility in cost, liquidity and exchange rates
Credit controls, commitment ceilings and periodic cash-flow review
Compliance risk
Changing regulatory or contractual requirements
A live compliance register and legal review before commitment
Safety & environmental risk
Site incidents or unplanned environmental impact
A unified safety system, mandatory incident reporting and root-cause investigation
Cyber risk
Data breach or systems outage
Access controls, backups and an incident response plan
FAQGovernance at Nebras —
Governance at Nebras —
common questions
Risks are classified and assessed by likelihood and severity of impact, and every risk is assigned an owner, a mitigating action and a monitoring indicator.
Who approves major investment decisions in the group?
Material transactions and investments are approved by the Board on the recommendation of the investment committee, under a written delegation of authority that sets approval ceilings at each management level.
How does Nebras handle conflicts of interest?
Board members and executive management are required to disclose in advance any direct or indirect interest. The interested party abstains from participating in the deliberation and the vote, and this is recorded in the minutes.
Do the subsidiaries apply the same governance standards?
Yes. Group policies are adopted as a binding minimum across all subsidiaries, with flexibility for each company to add stricter controls suited to the nature of its activity or the requirements of its regulators.
How can a violation or suspicious practice be reported?
Through the dedicated reporting channel set out on the contact page. Reports are treated in strict confidence, and internal policy prohibits any retaliatory action against a good-faith reporter.
Does Nebras disclose its financial results?
As an unlisted company, Nebras discloses to relevant stakeholders in accordance with statutory and contractual requirements, and can make an information pack available to prospective partners where needed under a non-disclosure agreement.
Transparency starts with a question
For any query relating to governance, compliance or contracting with the group, our team is ready to answer.