| Element List | Explanation |
|---|---|
| Introduction | Armah Sports Company announces the resignation of the Audit Committee member, Mr. Abdulmohsen Ali Alhagbani, and the Board of Directors has approved his resignation effective 09/11/2025G corresponding to 18/05/1447H. The Board of Directors extends its sincere appreciation and gratitude to Mr. Abdulmohsen Ali Alhagbani for his efforts and contributions during his tenure as a member of the Audit Committee. Furthermore, the Board of Directors, in the same resolution, approved the appointment of Mr. Muhammad Javed Ahmad (an external member, not a member of the Board of Directors) as a member of the Audit Committee effective 09/11/2025G, to complete the remaining term of the current Audit Committee current term, which ends on 12/10/2027G. |
| Element List | Explanation |
|---|---|
| Name of Resigning Member | Mr. Abdulmohsen Ali Alhagbani |
| Resignation Submission Date | 2025-11-09 Corresponding to 1447-05-18 |
| Resignation Effective Date | 2025-11-09 Corresponding to 1447-05-18 |
| Reasons for Resignation | implementation of the Corporate Governance Regulations, where Mr. Abdulmohsen Ali Alhagbani is the Chairman of the Board of Directors. |
| Resigning Member Start Date | 2022-10-25 Corresponding to 1444-03-29 |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Muhammad Javed Ahmad |
| Membership Start Date | 2025-11-09 Corresponding to 1447-05-18 |
| Brief Resume of the Appointed Member | Mr. Muhammad Javed Ahmad has over 15 years of extensive experience in audit, risk management, compliance and governance. He has held senior leadership positions across various companies and holds a Certified Internal Auditor from Institute of Internal Auditors and Associate member of Accountant. |
| The date of the approval by other official authorities | N/A |
| Element List | Explanation |
|---|---|
| Date of Board Meeting in which Appointed New Member(s) were Appointed | 2025-11-09 Corresponding to 1447-05-18 |
