Page 114 - Inegrated Annual Report 2020-Eng

• Visit all Federal or Local Departments and establishments for completing and signing all the
administrative, legal and judicial requirements of the Company’s business;

• Sign all bids, tenders, supply contracts and projects contracts executed by the Company or on its
behalf via subcontracting;

• Sign sale contracts for selling materials, vehicles, sea parts or metals that the Company wishes to
dispose of and sell to third parties; and

• The right to authorise third parties to do all or some of the powers conferred upon him.

3.9. Dealing with Other Concerned Parties

During 2020, no transactions have been made with related parties.

114 2020 Integrated Annual Report