| Element List | Explanation |
|---|---|
| Introduction | Fawaz Abdulaziz Alhokair Company (Cenomi Retail) announces the Board of Directors Resolution on 29/03/1447H (Corresponding to 21/09/2025) to Reconstitute the Audit Committee by appointing the following Board Members as committee members: Mr. Tariq Saad AlTwijrey, Mr. Ismail Hassan AlKhatib, and Mr. Russell Rodriguez, in addition to the current committee members, Dr. Abdulrahman Mohammed Alanqari and Mr. Ahmed Saleh AlSultan. The appointment is effective from from the date of the Board Resolution mentioned above and continue until the end of the current Board’s term on 11/08/2026. Accordingly, the composition of the Audit Committee after the Reconstitution Resolution is as follows: 1. Mr. Tariq Saad AlTwijrey (Chairman – Independent) 2. Dr. Abdulrahman Mohammed Alanqari (Independent) 3. Mr. Ahmed Saleh AlSultan (Non-Executive) 4. Mr. Ismail Hassan Al-Khatib (Non-Executive) 5. Mr. Russell Rodriguez (Non-Executive) |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Mr. Tariq Saad AlTwijrey |
| Membership Start Date | 2025-09-21 Corresponding to 1447-03-29 |
| Brief Resume of the Appointed Member | Tariq Saad Al-Twijrey is an investment strategy expert with over 25 years of experience in managing multi-asset investments and a proven track record in wealth growth and delivering strong returns. He currently serves as the General Director of Investment at King Abdulaziz & His Companions Foundation for Giftedness & Creativity (Mawhiba), where he leads the investment team and oversees portfolio management. He has held several influential leadership roles, including CEO Advisor at Cenomi Centers, Regional Head of Private Banking at Bank Albilad, and Director of Equities at Naseel Holding. He also served as Deputy CEO at Wasatah Capital. Tariq is an Independent Board Member and serves on multiple board committees of major companies, including Alandalus Property, SAB Invest Funds, and Elfaleh. He previously served as a board member at Thob Al Aseel, Sadr Logistics, and HSBC Funds. He holds an Executive MBA from King Saud University and a Bachelor’s degree in Business Administration from the Arab Open University. He has also completed numerous advanced executive programs in leadership, strategy, valuation, portfolio management, financial analysis, and capital markets from renowned institutions such as London Business School. |
| The date of the approval by other official authorities | Not Applicable |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Ismail Hassan Elkhatib |
| Membership Start Date | 2025-09-21 Corresponding to 1447-03-29 |
| Brief Resume of the Appointed Member | Mr. Elkhatib holds a Bachelor of Science in Business Administration with a concentration in Accounting and Finance from the American University of Sharjah, UAE. With over 20 years of experience, Mr. Elkhatib is a Senior Executive at Al-Futtaim Group, specializing in strategy, capital structuring, corporate finance, and financial management across diverse sectors in the Middle East, including real estate development, asset management, trading, and manufacturing. He has held leadership roles at leading organizations such as Al-Futtaim Group, Dubai Holding, and Nestle. |
| The date of the approval by other official authorities | Not Applicable |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Mr. Russell Rodrigues |
| Membership Start Date | 2025-09-21 Corresponding to 1447-03-29 |
| Brief Resume of the Appointed Member | Mr. Rodrigues holds a Bachelor of Commerce from the University of Bombay and is a Chartered Accountant from the Institute of Chartered Accountants in India. He is also a Certified Management Accountant and Certified Financial Manager from the Institute of Management Accountants, India. Mr. Rodrigues is the Group Director of Internal Audit at Al-Futtaim Group, where he oversees the global internal audit function and ensures strong financial governance and risk management. With over 30 years at Al-Futtaim Group, he has held various roles spanning accounting, financial reporting, shared services, treasury, IT, and financial control, and has previously served as Chief Financial Officer of the Retail and Automotive Divisions. |
| 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 | 2025-09-21 Corresponding to 1447-03-29 |
