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Nomination & Remuneration Committee

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THE PRIMARY PURPOSE OF THE NOMINATION AND REMUNERATION COMMITTEE ("NRC") IS TO ASSIST THE GENERAL MEETING IN THE NOMINATION OF PROFICIENT AND HIGH CALIBER DIRECTORS, TO PREPARE JOB DESCRIPTIONS OF THE DIRECTORS INCLUDING THE CHAIRPERSON OF THE BOARD, TO DEVELOP A SUCCESSION PLAN FOR THE BOARD OR AT LEAST THE CHAIRPERSON AND EXECUTIVE MANAGEMENT AND TO PROPOSE A PROPER REMUNERATION AND INCENTIVES POLICY TO ATTRACT COMPETENT EXECUTIVE MANAGEMENT.


Mohammed Al-Husseini

COMMITTEE CHAIRMAN

Year of Joining : 2026

Education : MBA - Corporate Finance from University of Dallas-USA and Bachelor’s Degree in Money and Banking from Yarmouk University- Jordan.

Experience : Mr. Mohammed Al Husseini has over 23 years of work experience. He has extensive experience in local and regional markets. Currently he is working with the Investment Unit - SPF. In addition, he was the Deputy Investment Director in Ministry of defense Pension Fund Muscat, Oman. He worked as the head of Credit Analysis Division in SSC Amman, Jordan.

Dr. Abdullah Al Yahya'ey

MEMBER

Year of Joining : 2011

Education : Dr. Abdullah Al Yahya’ey holds an undergraduate degree from the University of Qatar, a graduate degree from the University of Wales, a graduate degree from the University of London, and a doctorate from the University of Dundee.

Experience : Since September 2007, Dr. Al Yahya’ey has been the Country President of Mubadala Investment Company, Oman Representative Office (ORO). Under his leadership, he has played a pivotal role in establishing Mubadala ORO, managing Mubadala’s interests in the Mukhaizna Enhanced Oil Recovery project, the Habiba Gas Exploration and Development project, and the Block 54 Exploration and Production Sharing Agreement. He has also contributed to various Mubadala Energy new business development opportunities worldwide. From 2014 to 2016, Dr. Al Yahya’ey served as the Country President of Mubadala Petroleum (MP) in Kazakhstan and Russia. Since July 2015, he has chaired the MP Tender Board Committee, and since September 2016, he has served as Chairman of the Board of Directors of Tabreed Oman SAOC. Additionally, he supports Masdar’s business development initiatives in Oman, particularly the Wind Farm Project in Southern Oman. In his current role, he continues to play a significant part in supporting UAE companies in accessing business opportunities in Oman. Before joining Mubadala, Dr. Al Yahya’ey held several leadership positions at the Oman Ministry of Oil and Gas from 1998 to 2007.

David Beaufays

MEMBER

Year of Joining : 2024

Education : Mr. David Beaufays holds an MSc in Engineering and Business Management from Louvain School of Management, Belgium, an Executive Master’s in Finance from Solvay Business School, Belgium, and a Financial Engineering degree from City University, Hong Kong.

Experience : Mr. Beaufays began his career as a trader at ING Bank before joining ENGIE, where he has dedicated over 17 years. He started as a Trader in Structured Products within the Global Energy Management department in France. Throughout his tenure at ENGIE, he has excelled in various operational, technical, and leadership roles across Europe and internationally. Notably, he served as Head of Investments and Acquisitions for Indonesia and China for over 8 years, before being promoted to Head of Business Development for KSA & GCC.

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