SABIC’s first integrated annual report highlights its leadership in delivering “chemistry that shapes tomorrow”

• The comprehensive digital report presents SABIC's overall performance and the achievements during the year 2023.
• New integrated format demonstrates how various elements of SABIC’s business collectively contribute to value creation and impact over time.
• Report highlights scale of engagement and collaboration with customers and local communities to advance sustainable development.

SABIC, a global leader in diversified chemicals, today announced the publication of its integrated annual report, which narrates the story of the company’s financial and non-financial performance in 2023 and the achievements that are driving forward its growth and creating value for its stakeholders.

The report, under the theme, “Chemistry that shapes tomorrow,” integrates SABIC’s primary reporting streams into a single, coherent narrative, outlining the company’s strategy, governance, performance and prospects. SABIC brings together its Annual Report, Sustainability Report, and Financial Statements within one comprehensive document.

Abdulrahman Al-Fageeh, SABIC CEO, said, “We view this first step into integrated reporting as a significant milestone not only because it improves the quality of our disclosures to our stakeholders, but also because of its capacity to provoke integrated thinking across our organization and help us deliver Chemistry that Matters™ – chemistry that society values, chemistry that shapes the future.”

He added that, “The company continues to focus on transforming its business to maximize returns, while addressing market challenges and advance towards the realization of its vision of being the preferred world leader in chemicals.”

SABIC is creating meaningful impacts for its stakeholders though its strong culture of operational excellence and innovation; resulting in the continuous progress made in 2023 and the development of sustainable solutions that address the world’s pressing challenges. SABIC is living up to its role as Saudi Arabia’s national chemicals champion and an enabler of Vision 2030, and helping to safeguard our planet for present and future generations.

SABIC is a leading contributor of reporting best practices within Saudi Arabia and remains committed to increasing the levels of transparency provided to financial markets. Besides important information about its financial performance and outlook, SABIC’s Annual Integrated Report provides comprehensive analysis and enhanced disclosures relating to the company’s environmental, social, and governance performance.

SABIC’s Integrated Annual Report including a GRI content index can be accessed at https://www.sabic.com/en/reports.