Element List	Explanation
Introduction	With reference to the Board of Directors’ resolution dated 20 August 2025 approving the formation of the Audit Committee and the appointment of its members for the Board of Directors’ term, which commenced on 8 August 2025 for a period of three years, and which shall take effect upon receipt of the non-objection letter from the Insurance Authority. The members are as follows:

Element List	Explanation
Appointed Member Name	Mr. Mohammed bin Hussain Al-Sultan Chairman of the Audit Committee (Board Member, Independent)
Membership Start Date	2025-08-08 Corresponding to 1447-02-14
Brief Resume of the Appointed Member	Mr. Mohammed bin Hussain Al-Sultan holds a Bachelor’s degree in Accounting from King Fahd University of Petroleum and Minerals. He has more than 20 years of experience, during which he has held various leadership positions across different companies and sectors. He is currently employed at Saudi Aramco, and serves as a member of the Accounting Standards Board of the Saudi Organization for Auditors and Accountants (SOCPA). He is a Fellow of SOCPA, a Fellow of the American Institute of Certified Public Accountants (AICPA), and a Certified Management Accountant (CMA) from the same institute in the United States.
The date of the approval by other official authorities	14-09-2025

Element List	Explanation
Appointed Member Name	Mr. Mohammed Al-Assaf Member of the Audit Committee (Independent Member from outside the Board)
Membership Start Date	2025-08-08 Corresponding to 1447-02-14
Brief Resume of the Appointed Member	Mr. Mohammed Al-Assaf holds a Bachelor’s degree in Accounting from King Saud University and has over 20 years of experience, during which he has assumed several leadership positions across different companies and sectors. He is a Fellow of the Saudi Organization for Auditors and Accountants. Currently, he serves as the Chief Financial Officer of Saudi Arabian Military Industries (SAMI). He is also a board member in two companies, a member of audit committees in various companies, and a member of the nomination committee in one company.
The date of the approval by other official authorities	14-09-2025

Element List	Explanation
Appointed Member Name	Mr. Khalid Al-Hoshan Member of the Audit Committee (Independent Member from outside the Board)
Membership Start Date	2025-08-08 Corresponding to 1447-02-14
Brief Resume of the Appointed Member	Mr. Khalid Al-Hoshan holds a Bachelor’s degree in Law from King Saud University, in addition to a Master’s degree in Business Administration and a Master’s degree in Applied Finance from the University of Newcastle, Australia. He also holds a Postgraduate Diploma in International Trade from the same university. With over 20 years of professional experience, he has held various leadership positions across multiple companies and sectors. He currently serves as a member of audit committees in several companies, and as the Head of Internal Audit at one company.
The date of the approval by other official authorities	14-09-2025

Element List	Explanation
Date of Board Meeting in which Appointed New Member(s) were Appointed	2025-08-20 Corresponding to 1447-02-26