Global Investment House held today November 23, 2014 its Ordinary General Meeting (OGM) to reorganize the Company’s board of directors. The shareholders elected Mrs. Maha K. Al-Ghunaim and Mr. Khalid Al-Shamsi and NCH Ventures S.P.C. named two directors.

Following the conclusion of the Ordinary General Meeting, the Company’s board consists of seven members as detailed below:

Mrs. Maha K. Al-Ghunaim Elected; Executive Director Mr. Khalid Al-Shamsi Elected; Independent Director Mr. Hamad T. Alhomaizi Nominee of Al Shaab Holding Company Mr. Ibrahim Saad Nominee of NCH Ventures S.P.C. Mr. David Burlison Nominee of NCH Ventures S.P.C. Mr. Arul Kandasamy Nominee of NCH Ventures S.P.C. Mr. Orhan Osmansoy Nominee of NCH Ventures S.P.C.

The newly reconstituted board held its meeting after the OGM and elected Mr. Ibrahim Saad as the Chairman of the Board and Mrs. Maha K. Al-Ghunaim as the Vice-Chairman. The Board also reconstituted its sub-committees namely Board Audit Committee, the Board Remuneration Committee and the Board Risk Committee and agreed to constitute the Board Governance Committee to comply with the requirements of the Capital Market Authority.