The Company is pleased to announce the decisions of the Board of Directors issued on 21/09/2025 to appointing the Chairman, Vice Chairman, Chief Executive Officer and Secretary of the Board of Directors, in addition to the formation of the Audit Committee and the Nomination and Remuneration Committee, as well as the appointment of the Company's representatives to the Capital Market Authority and the Capital Market Company Tadawul. Accordingly, the Board of Directors decided at its first meeting as follows:

1. Appointment of Mr. Fahad Ibrahim Alaboud (Chairman)

2. Appointment of Dr. Alanoud Mohammad Alqahtani (Vice Chairman and Chief Executive Officer)

3. Appointment of Mrs. Amal Ayed Alotaibi (Board Member)

4. Appointment of Mr. Turki Abdulrahman Alatef (Board Member)

5. Appointment of Mr. Adel Saud Almansour (Board Member)

6. Appointment of Ms. Nardin Mohammad Alibrahim (Board Secretary)

7. Formation of the Audit Committee from the following:

a. Ms. Amal Ayed Alotaibi – Chairman of the Committee (Independent member from the Board)

Membership Start Date: 21/09/2025

Brief Biography of the Designated Member:

Ms. Amal has financial and administrative experience and extensive experience in the governance and compliance sector that has exceeded twenty-three years in the government, financial and private sectors, and she is a member of several boards, executive committees, audit committees, risk committees, remuneration and nomination committees in various sectors as well as the non-profit sector.

b. Mr. Adel Saud Almansour (Independent Committee member from the Board)

Membership Start Date: 21/09/2025

Brief Biography of the Designated Member:

Mr. Adel has over fourteen years of experience in the fields of technology, particularly cybersecurity, governance, risk management and compliance, gained through his work in prestigious financial, insurance and government entities, and is currently the Executive Director of Cybersecurity at Medgulf, having held several leadership positions in major banks and companies. His expertise is based on a strong academic background that includes a Master's degree in Information Security and Network Engineering from the United States, a Bachelor's degree in Management Information Systems from Texas Southern University, along with a range of prestigious professional certifications and licenses such as CISM, CRISC, and PCI DSS, which have enhanced his ability to develop advanced security strategies and align them with organizational goals.

c. Mr. Zaki Ahmad Murad (Independent Committee Member outside the Board)

Membership Start Date: 21/09/2025

Brief Biography of the Designated Member:

Mr. Zaki's extensive experience spanned more than twenty-five years in the field of accounting, finance, investment, and various financial sectors, and he has held many leadership positions and chaired many companies in various fields, where he has extensive experience in consulting work related to financial matters, zakat and tax, and Mr. Zaki has obtained many professional certificates in the field of finance, finance and investment.

8. Formation of the Nomination and Remuneration Committee from the following:

a. Mr. Turki Abdulrahman Alatef - Chairman of the Committee (Independent Member from the Board)

Membership Start Date: 21/09/2025

Brief Biography of the Designated Member:

Turki has more than eighteen years of professional experience in the field of human capital development and management, having worked in a number of government entities and the private sector. He is currently the Vice President of the Center of Excellence for Human Capital at a PIF company, and his academic background of a master’s degree in human resources management, along with a number of prestigious professional certifications and licenses, has contributed to his strategic vision and in-depth experience in the field.

b. Mr. Ibrahim Mohammad Hassoun – Committee Member (Independent Member outside the Board)

Membership Start Date: 21/09/2025

Brief Biography of the Designated Member:

His extensive experience spanned more than fifteen years in the field of management, marketing and the regulatory sector, and included his work experience in a number of government entities, where he held several leadership positions in several government agencies and companies. His academic background of a Master of Science in Finance from the United States and a Bachelor of Business Administration from Qassim University, along with a number of prestigious professional certifications, have enhanced his insight and ability to align regulatory requirements with economic development.

c. Ms. Nada Saleh Alenzi – Committee Member (Independent Member outside the Board)

Membership Start Date: 21/09/2025

Brief Biography of the Designated Member:

Ms. Nada has more than a decade of experience in the field of recruitment and talent development in the private and government sectors, and Mrs. Nada holds a Master's degree in Business Administration and is currently the Head of Recruitment at the Saudi Central Bank (SAMA), and she has also obtained many training certificates from prestigious institutes such as London Business School, ATD, and Korn Ferry, and Mrs. Nada is a certified trainee by Highfield UK and holds a career and Holistic Coaching certificate From Goal Imagery.

9. Appointment of the Company's representatives to the Capital Market Authority and the Capital Market Company Tadawul and their names are as follows:

a. Mr. Fahad Ibrahim Alaboud (Chairman)

b. Dr. Alanoud Mohammad Alqahtani (Vice Chairman and Chief Executive Officer)