Gulf Union Al Ahlia Cooperative Insurance Co. Announces the Formation of the Executive Committee and the Investment Committee.

Element List	Explanation
Announcement Detail	Gulf Union Al Ahlia Cooperative Insurance Company would like to announce the Board of Directors’ resolution dated 01/06/2026G, which includes the approval of the appointment of the Chairman and members of the Executive Committee and the Investment Committee for the new term commenced on 17/12/2025G for a period of four years ending on 16/12/2029G, following the receipt of the Insurance Authority’s no-objection on 11/05/2026G, as follows : - First: Executive Committee 1. Mr. Abdulaziz Ali Al Turki – Non Executive Member – Chairman of the Committee 2. Mr. Mohannad Saud Al Fayez – Independent Member – Committee Member 3. Mr. Munir Hashem Al Borno – Non Executive Member – Committee Member 4. Mr. Mesheal Ibrahim Al Shayea – Executive Member – Committee Member Second: Investment Committee 1. Mr. Abdulaziz Abdullah Al Naim – Independent Member – Chairman of the Committee 2. Mr. Mohannad Saud Al Fayez – Independent Member – Committee Member 3. Mr. Zaid Saad Al Katheiry – Independent Member – Committee Member The formation of the remaining Board committees will be announced at a later date upon the approval of their formation

Element List

Explanation

Announcement Detail

Gulf Union Al Ahlia Cooperative Insurance Company would like to announce the Board of Directors’ resolution dated 01/06/2026G, which includes the approval of the appointment of the Chairman and members of the Executive Committee and the Investment Committee for the new term commenced on 17/12/2025G for a period of four years ending on 16/12/2029G, following the receipt of the Insurance Authority’s no-objection on 11/05/2026G, as follows : -

First: Executive Committee

1. Mr. Abdulaziz Ali Al Turki – Non Executive Member – Chairman of the Committee

2. Mr. Mohannad Saud Al Fayez – Independent Member – Committee Member

3. Mr. Munir Hashem Al Borno – Non Executive Member – Committee Member

4. Mr. Mesheal Ibrahim Al Shayea – Executive Member – Committee Member

Second: Investment Committee

1. Mr. Abdulaziz Abdullah Al Naim – Independent Member – Chairman of the Committee

2. Mr. Mohannad Saud Al Fayez – Independent Member – Committee Member

3. Mr. Zaid Saad Al Katheiry – Independent Member – Committee Member

The formation of the remaining Board committees will be announced at a later date upon the approval of their formation