Riyadh – Mubasher: Batic Investments and Logistics Company issued a corrective disclosure regarding the appointment of a new independent member to its board of directors.

The company clarified that the name of the appointee was stated incorrectly in a previous regulatory filing published on 1 September 2026.

According to the statement, the appointee's correct name is Mohammed Mustafa Al Abd, who serves as an independent member.

The previous announcement had erroneously identified the member as Mohammed Al Abed.

Batic Investment confirmed that the error was limited to the spelling of the name in the prior announcement and that all other details regarding the board resignation and appointment remain unchanged.

The correction was filed to ensure the accuracy of the company's records on the Saudi Exchange.