Ladun Investment Company announces the decision of the Board of Directors to appoint the Chairman and the Vice Chairman of the Board of Directors, the formation of committees of the Board, the appointment of the company's representatives to the Saudi Capital Market and Capital Market Authority (Tadawul), and the appointment of the Secretary of the Board of Directors.

Ladun Investment Company announces the decision of the Board of Directors to appoint the Chairman and the Vice Chairman of the Board of Directors, the formation of committees of the Board, the appointment of the company's representatives to the Saudi Capital Market and Capital Market Authority (Tadawul), and the appointment of the Secretary of the Board of Directors.

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|Announcement Detail|| Reference to the results of the Extraordinary General Assembly (first meeting) held on 1 Safar 1444 AH corresponding to 28 August 2022, in which the Board of Directors members of the Company were elected for its new term, which began on 28 August 2022 for a period of 3 years ending on 27 August 2025.

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Ladun investment company would like to announce to the shareholders the resolutions of the Board of Directors meeting held on Tuesday 06/09/2022. which includes the appointment of the Chairman and the Vice Chairman of the Board of Directors, the formation of committees of the Board, the appointment of the company's representatives to the Saudi Capital Market and Capital Market Authority (Tadawul), and the appointment of the Secretary of the Board of Directors.

As follows:

First: the appointment of the Chairman and the Vice Chairman

• Mr. Nasser Saad Al-Arifi (Non-Executive Member) as Chairman of the Board.

• Mr. Ibrahim Fahad Mohammed Al-Assaf (Non-Executive Member) as Vice Chairman of the Board.

Second: Formation of the Executive Committee.

Third: Formation of the Remuneration and Nomination Committee.

Fourth: Reappointing the Secretary of the Board for the new term and assign representatives to the Capital Market Authority (CMA) , the Saudi Capital Market (Tadawul)