This report on corporate governance and ownership structure aims at illustrating the corporate governance model adopted by Abubaker Technical Services, providing a summary description of the actual implementation procedures of the traditional administration and control model used by the Group.

The corporate governance structure adopted by Abubaker Technical Services is based on guidelines set out in the “Self Regulatory Code” last approved in July 2018 by the Committee for Corporate Governance and last amended in July 2018, as it believes that having a well-structured governance system allows the Group to operate with maximum efficiency and also ensures greater levels of transparency, thus increasing investors’ confidence in Abubaker Technical Services.

This Report has been approved by the Board of Directors of Abubaker Technical Services of March 11th , 2020.