AlSaif Stores for Development and Investment Co. Announces Appointment Audit Committee Member
| Element List | Explanation |
|---|---|
| Introduction | AlSaif Stores for Development and Investment Company announces the Board of Directors’ decision to form the Audit Committee for the current Board of Directors’ term, which began on September 26, 2025, for a period of three years and ends on September 25, 2028, as follows: |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Chairman of the Committee: Mr. Abdul Majeed bin Suleiman Al Dakhil |
| Membership Start Date | 2025-10-07 Corresponding to 1447-04-15 |
| Brief Resume of the Appointed Member | The committee chairman, Mr. Abdulmajeed Sulaiman Al-Dakhil, holds a bachelor's degree in accounting from Southern Utah University, USA. He currently serves as a managing partner at ValuHub and has served on the boards of directors and committees of several joint-stock companies. |
| The date of the approval by other official authorities | Not applicable |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Mr. Muhannad bin Suleiman AlSaif |
| Membership Start Date | 2025-10-07 Corresponding to 1447-04-15 |
| Brief Resume of the Appointed Member | Mr. Muhannad bin Sulaiman Al-Saif holds a bachelor's degree in Sharia from Imam Muhammad ibn Saud Islamic University. He currently serves as CEO of Nawah Real Estate Investment Company and has served on the boards of directors and committees of several joint-stock companies. |
| The date of the approval by other official authorities | Not applicable |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Engineer/ Mohammed bin Saud Al-Zamil |
| Membership Start Date | 2025-10-07 Corresponding to 1447-04-15 |
| Brief Resume of the Appointed Member | Engineer Mohammed bin Saud Al Zamil holds a Bachelor's degree in Chemical Engineering from King Saud University, Saudi Arabia, and a Master's degree in Manufacturing Systems Management and Engineering from the University of Warwick, United Kingdom. He also holds a professional certification in management accounting (CMA - Certified Management Accountant) and an International Certified Corporate Governance Professional (ICCGO) certification from the International Governance, Risk, and Compliance Association (AGRC).
He has also served on the boards of directors and audit committees of several public and private joint-stock companies. |
| The date of the approval by other official authorities | Not applicable |
| Element List | Explanation |
|---|---|
| Date of Board Meeting in which Appointed New Member(s) were Appointed | 2025-10-07 Corresponding to 1447-04-15 |
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