The company is pleased to announce the decisions of the Board of Directors issued on 12/01/1447 AH corresponding to 07/07/2025 AD, appointing the Chairman of the Board, the Vice Chairman of the Board, the CEO, and the Secretary of the Board, in addition to forming the Audit Committee and the Nominations and Remunerations Committee, as well as appointing the company's representatives to the Capital Market Authority and the Saudi Stock Exchange (Tadawul).

The board of directors decided in its first meeting the following: -

1- Appointment of Mr. Salman Mohsen Raji Al-Mutairi (Chairman of the Board)

2- Appointment of Mr. Saad Madath Faris Al-Otaibi as Vice Chairman of the Board of Directors

3- Appointment of Mr. Bonyan Hilal Suhul Al-Oseimi Al-Otaibi as Chief Executive Officer of the company.

4- Appointment of Mr. Mustafa Mohamed Hassan Ali (Secretary of the Board of Directors)

5- Formation of the review committee from the gentlemen whose names are as follows:

A- Name of the appointed member:

- Mr. Saeed Hamdan Sadiq Youssef – (Independent member from within the council) (Chairman of the committee)

- Membership start date: 07/07/2025

- A brief overview of the appointed member's biography:

He holds a Bachelor's degree in Accounting from King Saud University in Saudi Arabia in 1985 and currently serves as the CEO of Tazamen Management Consulting Company, a limited liability company, from 2021 to the present. He held the position of Chief Financial Officer, Board Member, and Member of the Finance and Investment Committee at Abdul Ghani Al-Ajoo and Sons Holding Company (a closed joint-stock company), which operates in the fields of real estate investments, stocks, and corporate investments from 2020 to 2021.

B- Name of the appointed member: -

- Mr. Ahmed Samir Al-Imam Al-Shami – (Member from outside the council) (Committee member)

- Membership start date: 07/07/2025

- A brief overview of the appointed member's biography:

Bachelor's degree in Accounting, Al-Azhar University, Faculty of Commerce

He holds the position of Chief Audit Manager at Global Financial Advisors Professional Consulting from January 2025 until now.

He held the position of Chief Audit Manager at Osama Abdullah Al-Khuraiji & Partners from 2021 to 2024.

T- Name of the appointed member: -

- Mr. Hussein Hassan Mohammed Ahmed – (Member from outside the council) (Committee member)

- Membership start date: 07/07/2025

- A brief overview of the appointed member's biography:

Bachelor's degree in Economics and Administrative Sciences, Omdurman Islamic University, 2009.

He hold the position of Audit Manager at Abdullah Fahad Al-Suhail Certified Public Accountants Office from 2020 until now.

He held the position of Audit Manager at Saad bin Abdullah Al-Sarhani Chartered Accountants from 2019 to 2020.

He held the position of Review Manager at the Office of Professional Ideas from 2016 to 2019.

6- Formation of the Nominations and Rewards Committee from the following gentlemen:

A- Name of the appointed member:

- Mr. Rashid Asaf Daghim Al-Ajmi – (Independent member from within the council) (Chairman of the committee)

- Membership start date: 07/07/2025

- A brief overview of the appointed member's biography:

Holds a Master's degree in Business Administration from the Arab East Colleges in 2012.

Holds a Bachelor's degree in Languages and Translation from King Saud University in 2001.

He holds the position of Director of the Strategic Partnerships Department for the Local and Private Sector at the National Center for Vegetation Cover Development and Combating Desertification since September 2024 until now.

Deputy Commander of the Green Zone at the UN Conference to Combat Desertification COP16 - from September 2024 until now

Director of Customer Relations Department at the General Authority for State Properties from 2022 to 2023.

CEO of Salama Veterinary Holding Company from 2020 to 2022

General Manager of the Project Management at the Camel Club from 2018 to 2019.

He held the position of CEO at Asas Company for the Development and Operation of Industrial Cities, a government-owned company that has been operating in the field of development and operation of industrial cities from 2015 to 2018.

B- Name of the appointed member: -

- Mr. / Fares Mohammed Fares Al-Otaibi – (Non-Executive Member from within the Board) (Committee Member)

- Membership start date: 07/07/2025

- A brief overview of the appointed member's biography:

Bachelor's degree in Business Administration from Imam Muhammad bin Saud Islamic University in 2021.

He holds the position of CEO of Al-Hattem Global Company from 2019 until now.

He held the position of General Manager of Retaz Hotel from 2015 to 2018.

T- Name of the appointed member: -

- Mr. / Rakan Salman Mohsen Al-Mutairi – (Member from outside the council) (Committee member)

- Membership start date: 07/07/2025

- A brief overview of the appointed member's biography:

Bachelor's degree from Dar Al Uloom University, Bachelor's in Architecture and Digital Design from Dar Al Uloom University, Riyadh, 2024.

He hold the position of General Manager at Sahwa Company .

He held a position at the Cooperative Office for Engineering Consultations for a year.

7- Appointing the company's representatives to the Capital Market Authority and the Saudi Stock Exchange (Tadawul) and their names are as follows: -

Mr. Saad Mdaath Fares Al-Otaibi – (Vice Chairman of the Board of Directors)

B- Mr. Bunyan Hilal Suhul Al-Oseimi Al-Otaibi – (Chief Executive Officer)