Strategic Highlights In December 2019, Saudi Aramco completed the world's largest initial public offering. This followed a $12 billion inaugural international bond issuance in April 2019. Saudi Aramco continued to maintain a position of strong safety with respect to occupational and process safety performance. This was achieved by continuing to emphasize operational discipline, visible commitment to safety, and innovative safety technologies. Saudi Aramco improved its environmental performance of its upstream operations, reducing carbon intensity to an estimated 10.1 kg of C02e/boe in 2019 compared to 10.2 kg of C02e/boe the previous year. In addition, the Company is in the process of planting one million trees across the Kingdom, and has also launched a mangrove project with more than two million mangrove seedlings planted. Commenting on the results, Saudi Aramco President & CEO Amin H. Nasser, said: "2019 was an exceptional year for Saudi Aramco.