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  • CORPORATE GOVERNANCE

Robust governance framework

We are committed to high standards of corporate governance, fostering a culture of transparency, accountability, and value creation.

GOVERNANCE SYSTEM

The Company has developed a governance system in accordance with the Corporate Governance Regulations (CGRs) issued by the Capital Market Authority (CMA).

The CGRs prescribe the rules and standards for the management of the Company to ensure that the Company’s corporate governance standards are in line with best practices enshrining the rights of shareholders and stakeholders.

Audit Committee

The primary role of the Audit Committee is the monitoring of the Company’s financial reporting, audit processes, compliance with laws and regulations, whistleblowing mechanisms, and risk management strategies.


This includes the oversight of:

  • The integrity and transparency of the Company’s interim and annual financial statements and the financial reporting process

  • The adequacy and effectiveness of the Company’s internal controls over financial reporting and risk exposure

  • The qualifications and performance of the Company’s internal auditor

  • The independence and overall effectiveness of the Company’s external auditor

  • The Company’s compliance with legal and regulatory requirements.

Remuneration and Nomination Committee

The main function of the Remuneration and Nomination Committee is to supervise the company's remuneration policies and their execution, while also guiding the procedure for the nomination and selection of Board members. This Committee is responsible for assessing the yearly compensation plans for Directors and Senior Executives, as well as assessing and advising on the Board's structure and the composition of its Committees.

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Investor Information

Find out more about our investment case and financial performance.

LEARN MORE ABOUT LUBEREF'S IPOright arrow

An Experienced Leadership Team

Our leadership team is highly experienced, having worked in the downstream oil and gas industry for many years.

GET TO KNOW OUR LEADERSHIP TEAMright arrow

Do you have any questions?

If you have any questions about our approach to ESG, please do get in touch

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