Fitaihi Holding Group Announces the Appointment of the Chairman, Vice-Chairman, the Company’s Representatives to the Capital Market Authority and the Saudi Tadawul Group, the Secretary of the Board of Directors, and the Formation of the Board Committees

Fitaihi Holding Group Announces the Appointment of the Chairman, Vice-Chairman, the Company’s Representatives to the Capital Market Authority and the Saudi Tadawul Group, the Secretary of the Board of Directors, and the Formation of the Board Committees

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|Announcement Detail|| Reference to the results of the Group’s Ordinary General Assembly Meeting held on March 15, 2022 which included the election of members of the Board of Directors from among the candidates for its new term of three Gregorian years, starting on April 22, 2022 and ending on April 21, 2025.

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The new Board of Directors of Fitaihi Holding Group is pleased to announce the resolutions taken during its first meeting for the year 2022, held on 26-04-2022, related to the restructuring of the Board of Directors and its Committees during the new term, which begins on April 22, 2022, for three years, as follows:

First: Appoint SHK. Ahmed Hassan Ahmed Fitaihi (Non-Executive) as Chairman of the Board of Directors.

Second: Appoint Dr. Ibrahim Hassan Mohammed Al-Madhoun (Non-Executive) as Vice-Chairman of the Board of Directors.

Third: Form the Nominations and Remunerations Committee as follows:

- Dr. Suhail Hassan Abdulmalik Qadi (Independent) - Chairman of the Committee

- Dr. Ibrahim Hassan Mohammed Al-Madhoun (Non-Executive) - Member

- Mrs. Bayan Adel Mohammed Fakieh (Non-Executive) - Member

Fourth: Form the Investment Committee as follows:

- SHK. AHmed H. Ahmed Fitaihi - (Non-Executive) - Chairman of the Committee

- Dr. Ibrahim Hassan Mohammed Al-Madhoun (Non-Executive) - Member

- Mr. Omar Riyadh Mohammed Al-Humaidan