Takween Advanced Industries Announces the Board of Directors’ Resolution to Appoint the Chairman and Vice Chairman and the Formation of the Committees for the Sixth Term

First: Appointing Mr. Abdulmohsen Mohammed Abdullah Al-Othman as Chairman of the Board.

Second: Appointing Mr. Saleh Hassan Abdullah Al-Afaleq as Vice Chairman of the Board.

:Third: Approval of the formation of the Audit Committee as follows

1. Mr. Saleh Hassan Abdullah Al-Afaleq – Committee Chairman

2. Dr. Sulaiman Abdullah Al-Sakran – Member (Non-Board Member)

3. Mr. Waleed Mohammed Al-Othimeen – Member (Non-Board Member)

Fourth: Approval of the formation of the Nomination and Remuneration Committee as follows:

1. Mr. Hassan Issam Mohammed Kabbani – Committee Chairman

2. Mr. Saleh Hassan Abdullah Al-Afaleq

3. Mr. Khalid Nasser Abdulrahman Al-Muammar

:Fifth: Approval of the formation of the Executive Committee as follows

1. Mr. Georges Khoury Antonios Abraham – Committee Chairman

2. Mr. Amar Zahed

3. Mr. Majed Nofal – Chief Executive Officer (Non-Board Member)