The Board of the fund consists of ten voting members, all of whom are appointed by the Board. The employers (SABIC Europe BV, SABIC Limburg BV, SABIC Capital BV, SABIC Innovative Plastics BV, SABIC Global Technologies BV, SHPP BV, SHPP Sales BV en SHPP Global Technologies BV) collectively nominated four members. The Works’ Councils at SABIC nominate two members, while retirees nominate another two members (themselves retirees). The two external Board professionals and the external independent Chairman are appointed by the Board.

Executive Board

The Executive Board comprises the Chair and the Vice Chair. The Executive Board takes care of day-to-day issues relating to operations and other aspects arising from policy choices within the Board’s framework.

The Board has taken note of the findings and recommendations in the Supervisory Board’s and the Accountability Council’s evaluations. Some of the findings and recommendations will inform the Board’s actions in 2025.

The Board’s full response to the Supervisory Board and Accountability Council evaluations, as well as the text of the evaluations, can be read in SPF’s full annual report (PDF). This is also available on SPF’s website.

Board composition