| Element List | Explanation |
|---|---|
| Introduction | The National Gas and Industrialization Company (GASCO Holding) announces the formation of the Audit Committee for the new Board term, which begins on 29 November 2025 and ends on 28 November 2029, based on the resolution of the Board of Directors held on 8 December 2025, as follows: |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Mr. Ahmed Abdulrahman AlMohsen (Non-Executive Board Member and Chairman of the Audit Committee). |
| Membership Start Date | 2025-12-08 Corresponding to 1447-06-17 |
| Brief Resume of the Appointed Member | He holds a Master’s degree in Business Administration from the University of Missouri in the United States, and a Bachelor’s degree in Accounting from King Saud University. He also holds the American CPA qualification and is a fellow of the Saudi Organization for Certified Public Accountants and the Saudi Association of Accountants. He currently serves as Head of the Financial Group at the Investment Bank. He previously held the position of Chief Financial Officer at Al Rajhi Capital. He has also participated as a member in several boards of directors, including Al Rashid Industrial Company, where he also heads the Audit Committee; and Al-Etihad Cooperative Insurance Company, where he is a board member and serves on both the Nomination & Remuneration Committee and the Risk Committee. |
| The date of the approval by other official authorities | Not applicable. |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Mr. Muhannad Fahad Alameel (Independent Board Member and Audit Committee Member). |
| Membership Start Date | 2025-12-08 Corresponding to 1447-06-17 |
| Brief Resume of the Appointed Member | He holds a Master of Science in Finance from the Massachusetts Institute of Technology (MIT) in the United States, and a bachelor’s degree in financial management from King Saud University. He is currently a lecturer in the Finance Department at the College of Business Administration at King Saud University. |
| The date of the approval by other official authorities | Not applicable. |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Mr. Fahd Yousef AlKhamees-an External member of the Board of Directors. |
| Membership Start Date | 2025-12-08 Corresponding to 1447-06-17 |
| Brief Resume of the Appointed Member | He holds a master’s degree in business administration from Johnson & Wales University and a bachelor’s degree in accounting from King Saud University. He is also a fellow of the American Institute of Certified Public Accountants (AICPA) and the Saudi Organization for Auditors and Accountants. He currently serves as Vice President for Oversight and Control at the National Center for the Non-Profit Sector. He previously worked as Director of Internal Audit at the National Energy Efficiency Services Company, and as Audit Manager at both Thiqah Company and Elm Company. |
| The date of the approval by other official authorities | Not applicable. |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Mr. Mousa Abdullah AlMousa -an External member of the Board of Directors. |
| Membership Start Date | 2025-12-08 Corresponding to 1447-06-17 |
| Brief Resume of the Appointed Member | He holds a bachelor’s degree in accounting from King Saud University and is a fellow of the Saudi Organization for Auditors and Accountants. He is a licensed Certified Public Accountant and licensed Bankruptcy Trustee. He also serves as Secretary to the Board of Directors. He previously held the position of Director of the Accounts Department and Acting Assistant General Manager for Financial Affairs at the National Gas and Industrialization Company (GASCO). He is also a member of the Audit Committee at Al-Rashed Industrial Company. |
| The date of the approval by other official authorities | Not applicable. |
| Element List | Explanation |
|---|---|
| Date of Board Meeting in which Appointed New Member(s) were Appointed | 2025-12-08 Corresponding to 1447-06-17 |
