STAKEHOLDERS

STAKEHOLDERS

Kuwait Real Estate Holding Company is committed to protecting the rights of stakeholders and creating a stable working environment, working by ensuring a stable and strong financial position for the company. Respecting and protecting the rights of stakeholders must be in accordance with the relevant laws in force in the State of Kuwait, such as the Labor Law, the Companies Law and its Executive Regulations, in addition to the contracts concluded between the two parties, and any additional undertakings made by the company towards stakeholders, as the protection of their rights provides them The opportunity to obtain actual compensation in the event of a violation of any of their rights. Accordingly, the Company's Board of Directors is responsible for setting standards for protecting the rights of all stakeholders and updating them where appropriate, to clarify changes in the provisions of the law, basic regulations and instructions issued by regulatory bodies. The objective of this policy is to clarify the efforts made by the company to protect the rights of all stakeholders The Kuwait Real Estate Holding Company has prepared policies and procedures that guarantee the protection of the rights of stakeholders and allow them to obtain legal compensation in the event of any violation of their rights in accordance with what is stated in the corporate governance rules. These policies also specify the company's need to maintain positive working relationships and clarify the policy for reporting violations Receive and deal with complaints. The company is also keen, through several procedures, to increase the contributions and participation of stakeholders in the company’s activities, and among those procedures is to publish all relevant information accurately and in a timely manner to stakeholders, and take into account the interests of those parties when making important decisions, and stakeholders are given an opportunity to submit their observations about Their experience in dealing with the company.