The company is pleased to announce the decisions of the Board of Directors issued on 27/4/1446 AH corresponding to 30/10/2024 AD to appoint the Chairman of the Board of Directors, Vice Chairman of the Board of Directors, Managing Director, Chief Executive Officer and Secretary of the Board, in addition to forming the Audit Committee and the Nominations and Remuneration Committee, in addition to appointing the company’s representatives to the Capital Market Authority and the Capital Market Company Tadawul.

The Board of Directors decided in its first meeting the following: –

1 – Appointing Mr. Omar Abdul Rahman Al-Jeraisy (Chairman of the Board of Directors)

2 – Appointing Eng. Ali Muhammad Saadi Shenemer (Vice Chairman of the Board of Directors)

3 – Appointing Mr. Abdullah Anwar Muhammad Youssef (Managing Director and CEO of the Company)

4 – Appointing a Secretary of the Board of Directors

5 – Forming the Audit Committee from the following gentlemen:

A- Name of the appointed member:

– Mr. Ahmed Abdul Rahman Muhammad Jaber – (Member from outside the Board) (Chairman of the Committee)

– Membership start date: 10/30/2024 AD

– Brief biography of the appointed member:

Ahmed Abdul Rahman Muhammad Jaber, an expert in governance, risk management and internal audit with more than 20 years of experience.

He currently holds the position of Director General of Internal Audit at the Royal Commission for Makkah City and the Holy Sites. He also served as Chairman and Member of Audit and Risk Committees in several companies, including Tam Development Company, Ahmed Mohammed Saleh Baeshen and Partners Company, and Al-Ahli Financial Company.

He holds an Executive Master’s degree in Business Administration from Prince Mohammed bin Salman College of Business and Entrepreneurship (current student), and a Bachelor’s degree in Industrial Engineering from King Fahd University of Petroleum and Minerals.

B- Name of the appointed member:-

– Mr. / Samer Saeed Jundi – (Non-Executive Member from within the Board) (Member of the Committee)

– Membership start date: 10/30/2024 AD

– Brief biography of the appointed member:

He currently holds the position of CEO of Mohammed Abdul Aziz Al-Habib and Sons Holding Company. He has also held several administrative positions in major companies. He holds a Bachelor’s degree in Accounting from the University of Jordan. He has more than 25 years of practical experience in various fields, including the financial sector and financial consulting, membership of audit committees, and boards of directors.

T- Name of the appointed member:-

– Mr. / Moaz Khaled Ibrahim Al-Hajri – (Member from outside the Council) (Member of the Committee)

– Date of membership start: 10/30/2024 AD

– Brief biography of the appointed member:

He currently holds the position of Director of the Financial Department of Andalusia Real Estate Company. He holds a Bachelor’s degree in Accounting from Imam Muhammad bin Saud Islamic University and is a fellow of the Saudi Organization for Certified Public Accountants (SOCPA). He has diverse experience spanning more than 14 years in the field of auditing, accounting and finance, and has held leadership positions in the public, private and non-profit sectors.

6 – Forming the Remuneration and Nominations Committee from the following gentlemen:

A- Name of the appointed member:

– Dr. / Abdullah Nadeem Muhammad Elias – (Member from within the Council) (Chairman of the Committee)

– Date of membership start: 10/30/2024 AD

– Brief biography of the appointed member:

Founding partner of Careem Company, and a member of many boards of directors of major local and international companies. Holds a PhD in Business Administration, and a Master’s degree in Computer Science.

B- Name of the appointed member:-

– Eng. Ali Muhammad Saadi Shenemer (Member of the Board) (Member of the Committee)

– Membership start date: 10/30/2024

– Brief biography of the appointed member:

Currently holds the position of CEO of Business Development at Bupa Arabia. He holds a Bachelor’s degree in Computer Engineering, has more than 25 years of experience in the fields of marketing and management, and has held membership in the boards of directors of several listed and unlisted companies, locally and internationally. Prior to his current position, he held the position of Deputy Governor and Chief Operating Officer at the General Investment Authority (currently the Ministry of Investment).

T- Name of the appointed member:-

– Ms. Yara Muhammad Taha Anbatawi – (Member from outside the Board) (Member of the Committee)

– Membership start date: 10/30/2024 AD

– Brief biography of the appointed member:

She has more than 30 years of experience in various leadership roles covering many sectors including energy, investment banking, information technology, and others.

She holds a Bachelor’s degree in Information Management and Systems from Brigham Young University, a Master’s degree in Information Management and Systems from Florida Institute of Technology, a Postgraduate Degree in Education from the University of Sunderland in the United Kingdom, and a Certificate in International Management from Thunderbird University, and she is a participating trainer.

7- Appointing the company’s representatives to the Capital Market Authority and the Capital Market Company Tadawul, and their names are as follows:-

– Abdullah Anwar Muhammad Yousef. (Managing Director and CEO).

– Iman Fawaz Hamza Al-Sayrafi. (Chief Human Resources Officer)