| Element List | Explanation |
|---|---|
| Introduction | Alwasail Industrial Company announces that the Board of Directors, by circulation resolution dated Sunday, 28 June 2026, approved the resignation of the Company's Chief Executive Officer, Mr. Abdulqader Abdullah Abdulaziz Almushayqih, effective 31 July 2026. The resignation was submitted due to his personal circumstances and reflects his belief in providing an opportunity for new leadership to continue the Company's development journey, strengthen the sustainability of its growth, and achieve its strategic objectives. The Board of Directors extends its sincere appreciation and gratitude to Mr. Abdulqader Abdullah Abdulaziz Almushayqih for his dedicated efforts and valuable contributions throughout his tenure as Chief Executive Officer. His leadership played a significant role in executing the Company's strategy, supporting the growth of its business, and leading the Company through its transition and listing on the Main Market. The Board highly appreciates his commitment and dedication in performing his responsibilities and wishes him continued success in his future endeavors. The Company will continue to benefit from his expertise and experience through his ongoing membership on the Board of Directors. |
| Element List | Explanation |
|---|---|
| Name of the Resigned Person | Abdulqader Abdullah Abdulaziz Almushayqih |
| Resignation Acceptance Date | 2026-06-28 Corresponding to 1448-01-13 |
| Resignation Effective Date | 2026-07-31 Corresponding to 1448-02-17 |
| Reasons for Resignation | Due to his personal circumstances. |