Riyadh Cement Co. announces the Board of Director's decision regarding the appointment of the Chairman and Vice-Chairman of the Board of Directors, formation of Remuneration and Nomination committee, appoint the Secretary of the Board and appointment the Company’s representatives at Capital Market Authority and Tadawul

Riyadh Cement Co. announces the Board of Director's decision regarding the appointment of the Chairman and Vice-Chairman of the Board of Directors, formation of Remuneration and Nomination committee, appoint the Secretary of the Board and appointment the Company’s representatives at Capital Market Authority and Tadawul

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|Announcement Detail|| The Board of Directors of Riyadh Cement Co. is pleased to announce the decision of its Board of Directors, on 16/11/1443 corresponding to 15/06/2022 to appoint the Chairman and Vice-Chairman of the Board and the formation of Remuneration and Nomination Committee for the new term, Recommendation to the next General Assembly of Audit Committee Members, appointment of the Board Secretary for its next term and appointment of the Company’s representatives at CMA and Stock Exchange Company (Tadawul):

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1- Appointing the Chairman and the Vice-Chairman, as follows:

Mr. Salah Rashed AlRashed (Non-Executive Member) Chairman of the Board of Directors.

Eng. Khaled Abdullah AlMulhem (Non-Executive Member) Vice-Chairman.

2- The Board approved the formation of the Remuneration and Nominations Committee.

3- Recommendation to the next General Assembly of Audit Committee Members.

4- Appointment of the Board of Director Secretary.

5- Appointment Representatives of the Company at Capital Market Authority (CMA) and Saudi Stock Exchange Company (Tadawul) for all purposes related to complying with CMA regulation.