Banque Saudi Fransi announces that BSF Board Member, Mr. Francois Jean MARION (non executive) has resigned from the Board of Directors on 20/9/2017 for personal reasons.

Mr. MARION resignation has been accepted on 21/9/2017 with effect from 21/9/2017. The new Board Member replacing Mr. MARION will be announced upon obtaining the approval of the competent authorities on his appointment.