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Addendum Announcement from Saudi Real Estate Co (“Al Akaria”) Regarding the Formation of the Audit Committee

ALAKARIA 4020 -12.11% 18.36 -2.53
Element List Explanation
Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website 2025-02-17 Corresponding to 1446-08-18
Hyperlink to the Previous Announcement Click Here
Change on the Development Update on Saudi Real Estate Company’s Announcement Regarding the Formation of the Audit Committee

The company announces an update to its previous announcement by adding the following member:

Name of the Appointed Audit Committee Member:

Abdulrahman Abdulaziz Balghonaim

Membership Start Date:

2025-02-17 Corresponding to 1446-08-18

Brief Biography of the Appointed Member:

Mr. Abdulrahman holds a Bachelor’s degree in Accounting from King Fahd University of Petroleum and Minerals, and various professional certifications such as Certified Internal Auditor (CIA) and Certified Fraud Examiner (CFE).

Mr. Abdulrahman has over 10 years of experience in auditing, and fraud prevention. He has worked at KPMG, the Saudi Contractors Authority, and Takamol Holding, and currently works at the Ministry of Communications and Information Technology as the General Manager of Internal Audit.

Date of Board Meeting in which Appointed New Member was Appointed:

2025-02-17 Corresponding to 1446-08-18

Financial Impact on the change None

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