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Provide the best in class Governance model in stc by establishing a mechanism to ensure the highest level of Accountability, Transparency, Fairness & Independence to maximize Shareholders value by enhancing stc’s operational efficiency & effectiveness

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The company's leadership was keen to adopt the principles of corporate governance, and in this regard, the following objectives were adopted for governance:

• Align stc with world-class corporate governance standards, best practices and benchmarks
• Implement a GRC framework that drives business efficiency, transparency and excellence
• Reduce risks and liabilities on stc Shareholders, Board & Executives
• Enhance brand value and customer experience through GRC excellence
• Maximize shareholder value and company valuation
• Assure company's ability to maintain a sustainable desired performance level