Saudi Advanced Industries Company (SAIC) announces the restructuring of the board of directors' presidency.

Saudi Advanced Industries Company (SAIC) announces the restructuring of the board of directors' presidency.

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|Announcement Detail|| With reference to the announcement of the Saudi Advanced Industries Company (SAIC) on 11/06/1443 AH corresponding to 05-06-2022 AD regarding the appointment of the Chairman of the Board of Directors for the term starting from 01/11/1443 AH corresponding to 05-31-2022 AD and for a period of three Gregorian years.

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The company would like to announce the decision of its board of directors issued on 28/06/2022 AD regarding the appointment of Mr. Youssef bin Muhammad Al-Qafari as Chairman of the Board of Directors instead of Dr. Abdullah bin Suleiman Al-Juraish, who retains his membership in the Board of Directors.

The Board of Directors extends its sincere thanks to His Excellency Dr. Abdullah bin Suleiman Al-Juraish for his efforts during the presidency of the Board of Directors.