The Company also announces that Mr. Mosaed Abdulrhman Almusa, Board Member (Independent) and an executive committee member, resigned from his post as a Board and executive committee member on 24/02/2019 due to personal situation. The Board accepted his resignation on 26/02/2019, bringing to an end his membership to the board, which commenced on 10/12/2018.

The Board of Directors of the Company extends its thanks and appreciation to Dr. Tariq Abdullah Alnaeem and Mr. Mosaed Abdulrhman Almusa for their outstanding contributions and valuable efforts during their term on the board and its Committees.

The Company also announces the issuance of its Board of Directors' resolution on 26/02/2019 appointing Mr. Hamad Ali Al-Saqri as a Board Member (Non-Executive) effective from 27/02/2019. The Board's approval is not final and is subject to the approval during the next General Assembly meeting, as Mr. Hamad Ali Al-Saqri previously held the position of Chairman of the Board of Directors of Leejam Sports Company “Fitness Time”. He currently holds various board memberships, including as the Chairman of Hamad Ali Al-Saqri Holding Company and as the Chairman of Bonam Park SA.

The Company also announces the issuance of its Board of Directors' resolution on 26/02/2019 appointing Mr. Abdulelah Mohammed Al-Nemr as a Board Member (independent) effective from 27/02/2019. The Board's approval is not final and is subject to the approval during the next General Assembly meeting. Mr. Al-Nemr is currently the Chief Operating Officer at The Saudi Technology Development and Investment Company (TAQNIA) a wholly owned subsidiary of the Saudi Public Investment Fund (PIF). in addition Mr. Al-Nemr previously held several leadership positions in the public and private sectors, Mr. Al-Nemr holds a Bachelor Degree With honors in Finance and Economics from King Fahd University of Petroleum and Minerals.

The Company also announces the issuance of its Board of Directors' resolution on 26/02/2019 appointing Mr. Hisham Hussien Al Khaldi, a member of the Board of Directors (independent) from 27/02/2019. The new member will complete the period of his predecessor until the end of the current session. The approval of the Board is not final and is subject to the approval during the next General Assembly meeting. Mr. Al Khaldi is the Chief Support Officer at the National Shipping Company of Saudi Arabia and has more than 18 years of experience in the field of human resources in Alshaya Retail Company. Mr. Al Khaldi holds a Bachelor Degree in Business Administration.