Alba holds first in-person Q3 meeting since COVID-19 pandemic

Manama, Sept. (BNA): Aluminium Bahrain B.S.C (Alba), the world’s largest aluminium smelter ex-China, held its first in-person BoD Meeting for the third quarter of 2021 on Wednesday 29 September 2021 at Alba Oasis Hall. The Chairman of Alba’s Board of Directors, Shaikh Daij Bin Salman Bin Daij Al Khalifa, started the Board meeting with a welcoming note to the Board of Directors and Alba Executives and stated: “We are very thankful to the Kingdom of Bahrain’s Leadership for everything they have done since the start of COVID-19 pandemic and towards His Royal Highness Prince Salman bin Hamad Al Khalifa the Crown Prince and Prime Minister for his hands-on efforts along with all frontliners’ in Bahrain to bring us to where we are today: citizens and residents in order to keep us safe. We were able to conduct this Board Meeting in-person since the start of the COVID-19 pandemic back in 2020 thanks to the hands-on efforts put through in the last 1.5 years. Adding further: “While the value of human interaction cannot be overlooked, we, at Alba, have been agile as we have implemented virtual meetings from the onset and have recently started to transition into in-person meetings. As we navigate through this pandemic, we have set new benchmarks in terms of operational and financial performance (breaking an all-time records in terms higher production, EBBITDA and Net Profits for the first half of 2021) as well as on the ESG front especially as we have recently signed a Memorandum of Understanding between Alba and Sustainable Energy Authority (SEA) to implement various sustainable energy initiatives of common interest – this will consolidate our efforts one step further towards our race towards decarbonization.” During the Q3 BoD Meeting, the Board approved the Minutes of the previous meeting as well as reviewed Reports of the Executive Committee, Board Audit Committee and the Nomination, Remuneration and Corporate Governance Committee.