Climate Change Data

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Risks Relating to the Nature of the Regulatory Environment
• Risks Relating to the Group’s Inability to Obtain Work Visas Necessary for its Business
• Risks Related to Pricing Restrictions
• Risk Related to Agreements Concluded Between MHRSD and the Philippines Government
• Risks Related to the Group’s Retention of its Manpower Resources
• Risks Related to Manpower Utilisation Rates
• Risks Relating to Acquired Companies and the Disposal of the Company’s Shares in its Subsidiaries
• Risks Relating to the Group’s Inability to Attract and Retain Clients
• Risks Related to Technological Advances and Their Negative Impact on the Labour Market and the Volume of Demand for Human Capital
• Risks Relating to the Group’s Reliance on Key Clients in the Corporate Segment
• Risks Relating to the Group’s Contracts with Key Clients
• Risks Related to Framework Service Agreements
• Risks Relating to the Concentration of Revenue in Top Five Clients and in the Corporate Segment
• Risks Relating to Default or Insolvency of Clients
• Risks Relating to the Group’s Reliance on Manpower Resources Recruited from Certain Countries
• Risks Relating to the Group’s Inability to Maintain its Relationship with Recruitment Agencies
• Risks Relating to the Group’s Inability to Recruit Qualified Manpower Resources
• Risks Relating to Quality of Services and Positive Reputation
• Risk Relating to Manpower Resources Housing
• Risks Relating to Transportation of Manpower Resources
• Risks Related to the Residual Value of Existing Contracts
• Risks Related to Inability to Adequately Maintain the Confidentiality and Integrity of Client and Employee Data
• Risks Related to the Reliance on Information Technology Infrastructure
• Risks Relating to the Group’s Inability to Achieve Significant Growth in the Company’s Revenues and the Inability to Expand and Develop
• Risks Relating to Credit Card and Debit Card Payments
• Risks Relating to Challenges from any Expansion into New Markets and Ancillary Businesses
• Risks Relating to Infectious Diseases or Any Threats to Public Health
• Risks Related to Related Party Transactions and Agreements
• Risks Related to Engagement of Board Directors or Senior Executives in Business Competing with the Group’s Business
• Risks Related to Dependence on Third Parties, Suppliers and Services Providers
• Risks Related to Adverse Changes in Exchange Rate
• Risks Related to Collection of Receivables
• Risks Relating to the Bank Guarantee to MHRSD
• Risks Related to Reliance on Executive Management and Key Personnel
• Risks Related to Employee Misconduct or Errors
• Risks Related to Employing and Sponsoring Non-Saudi Employees
• Risks Related to Failure to Secure Adequate Insurance Coverage
• Risks Related to Litigation
• Risks Related to Protection of Intellectual Property Rights
• Risks Related to Potential Zakat Liability and Tax Liabilities
• Risks in Connection with the Use of Accounting Assumptions, Estimates and Judgments, and the Corresponding Errors
• Risks Related to Significant Working Capital Needs and Liquidity
• Risks in Connection with Financial Liabilities
• Risks Related to Licences and Approvals
• Risks Related to Credit
• Risks Related to Newly Implemented Corporate Governance Regulations
• Risks Related to Failure by the Audit Committee and the Nomination and Remuneration Committee to Perform Their Duties as Required
• Risks Related to Lack of Experience in Managing a Listed Joint Stock Company
• Risks Related to General Economic Conditions and its Impact on the Group’s Business
• Risks Related to the Adverse Changes in Interest Rates
• Risks Related to Political Instability and Security Concerns in the Middle East Region
• Risks Relating to the Manpower Industry Being Historically Competitive, Cyclical and Subject to Intense Price Competition
• Risks Related to Changes in the Regulatory Environment
• Risks Relating to Changes in Government Policies
• Risks Related to Zakat and Income Tax Calculation Mechanism Change
• Risks Related to Non-Compliance with Value Added Tax Regulations
• Risks Related to the Increase in Government Fees Applicable to Non-Saudi Employees
• Risks Related to Non-Compliance with the Saudisation Requirements
• Risks Related to Compliance with the Companies Law, the Implementing Regulations and the Corporate Governance Regulations
• Risks Related to the New Civil Transactions Law and its Implementation
• Risks Related to Effective Control by the Current Shareholders after the Offering
• Risks Related to Absence of a Prior Market for the Offer Shares
• Risks Related to Selling a Large Number of Shares on the Exchange
• Risks Related to Issuance of New Shares
• Risks Related to Fluctuation in the Market Price of the Shares
• Risks Related to Distribution of Dividends

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: IFRS

Certifications: Null

Third-party Assurance: Baker Tilly MKM & Co Company and Dr. Mohamed AlAmri & Co

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed