Saudi Enaya Cooperative Insurance Co. Announces Resignation of a Board Member

Saudi Enaya Cooperative Insurance Co. Announces Resignation of a Board Member

|Element List||Explanation|

|Introduction|| Saudi Enaya Cooperative Insurance Co. Announces that the Board Member, and the Chairman of Risk Committee member Mr. Cornelius Alexander Ionnes Ankel was resigned on 29/11/1443 corresponding 28/06/2022 due to personal reasons

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The resignation was accepted by the Board of Directors on 13/11/1444 corresponding 11/08/2022 provided that it applies from 12/11/1444 corresponding 11/08/2022, noted that Mr. Cornelius Alexander Ionnes Ankel start as Non-independent for the current Board of Director’s period was on 24/07/1442 corresponding 08/03/2021.

|Element List||Explanation|

|Resigned Member Name||Mr. Cornelius Alexander Ionnes Ankel|

|Membership Type||Non- Executive|

|Resignation Submission Date||2022-06-28 Corresponding to 1443-11-29|

|Resignation Acceptance Date||2022-08-11 Corresponding to 1444-01-13|

|Resignation Effective Date||2022-08-11 Corresponding to 1444-01-13|

|Membership Starting Date for the Resigned Member||2021-03-08 Corresponding to 1442-07-24|

|Reasons of Resignation||As the reason for the resignation is due to personal reasons, the company’s board of directors expresses its thanks and appreciation to Mr. Cornelius Alexander Ionnes Ankel for his efforts and wishing him continued success.|