The Company would like to announce the Board of Directors’ resolution dated 4 October 2023, which includes the appointment of the Chairman of the Board of Directors, Vice Chairman, Managing Director and the formation of the Remunerations and Nominations Committee and the Executive Committee that are emanating from the Board of Directors. In addition, to the appointment of the Board’s secretary and Group’s representatives for the Capital Market Authority, the Saudi Stock Exchange (Tadawul) and the Securities Depository Center Company (Edaa) as follows:

1- The Approval of appointing the Chairman and Vice Chairman of the Company’s Board of Directors, and the Board formation will be as follows:

a. Mr. Fahad Abduljalil Al-Saif - Non- executive Member - Chairman

b. Mr. Jamal Majed Bin Theniyah - Non- executive Member – Vice-Chairman

c. Mr. Mansour Abdullrahman Al-Salem – Executive Member (Managing Director)

d. Mr. Osama Omar Barayan – Independent Member

e. Mr. Naif Saleh Al-Hamdan – Non- executive Member

f. Mr. Fahad Khalid AlSaud – Independent Member

g. Mr. Mohammed Nabil Hefni – Non- executive Member

h. Mr. Arif Abdulla Al-Bastaki – Independent Member

i. Mr. Hesham Ahmed Heikal – Non- executive Member

2- The Approval of forming the Remunerations and Nominations Committee consisting of the following members:

a. Mr. Fahad Khalid AlSaud - Committee Chairman

b. Mr. Arif Abdulla Al-Bastaki - Member

c. Mr. Naif Saleh Al-Hamdan - Member

d. Mr. Suliman Abdulfatah Al-Admah – External Member

e. Mr. Tariq Mohammed Al-Amoudi - External Member

3- The Approval of forming the Executive Committee consisting of the following members:

a. Mr. Fahad Abduljalil Al-Saif - Committee Chairman

b. Mr. Jamal Majed Bin Theniyah - Member

c. Mr. Mohammed Nabil Hefni - Member

d. Mr. Fahad Khalid AlSaud - Member

e. Mr. Nassim Constantin Doumani - External Member

4- Approval of appointing Mr. Mansour Abdulrahman Al-Salem as the Managing Director of the Company until the end of the current Board term that will end on 25 June 2026, who was a non-executive Board member and shall be an Executive Board member effective as of the date of this appointment.

5- Approval of appointing the members mentioned below as representatives of the Company for all purposes related to applying the rules and regulations at the Capital Market Authority, the Saudi Stock Exchange (Tadawul) and the Securities Depository Center Company (Edaa):

a. Mr. Mansour Abdullrahman Al-Salem

b. Mr. Abdulrahman Yasser Basyouni

6- Approval of appointing Mr. Abdulrahman Yasser Basyouni as Secretary of the Company’s Board of Directors.