| Element List | Explanation |
|---|---|
| Introduction | Alwasail Industrial Co announces that the Board of Directors, by resolution dated April 19, 2026, accepted the resignation of Mr. Sulaiman bin Saleh Abdulrahman Al-Dakhil, a member of the Audit Committee, for personal reasons. (External member) The Board also approved the appointment of Mr. Abdulelah bin Mohammad Abdulatif Al-Khateeb (external member) to the Audit Committee, effective April 19, 2026, to complete the remainder of his predecessor's term in the current Board of Directors' session, which ends on December 21, 2027. |
| Element List | Explanation |
|---|---|
| Name of Resigning Member | Sulaiman bin Saleh Abdulrahman Al-Dakhil |
| Resignation Submission Date | 2026-04-17 Corresponding to 1447-10-29 |
| Resignation Effective Date | 2026-04-19 Corresponding to 1447-11-02 |
| Reasons for Resignation | personal reasons |
| Resigning Member Start Date | 2024-12-22 Corresponding to 1446-06-21 |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Abdulelah bin Mohammad Abdulatif Al-Khateeb |
| Membership Start Date | 2026-04-19 Corresponding to 1447-11-02 |
| Brief Resume of the Appointed Member | Mr. Abdulelah Al-Khateeb holds a Bachelor’s degree in Finance from California State University. He is an Investment Portfolio Manager at Al-Muhaidib Group, responsible for managing the industrial sector portfolio. He has experience in managing investment portfolios, allocating capital, and working to achieve sustainable long-term value across a number of companies. |
| 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 | 2026-04-19 Corresponding to 1447-11-02 |
