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Element List	Explanation
Introduction	Wafrah Industry and Development Company announces the decision of its Board of Directors dated 16/12/2025, based on the recommendation of the Remuneration and Nominations Committee, to appoint Mr. Khalid Rabea Al-Rashidi as the Chief Executive Officer of the company, effective from 01/01/2026.

Element List	Explanation
Appointment Type	Appointment
Name of the Appointed Person	Khalid Rabea Al-Rashidi
Date of Board Resolution	2025-12-16 Corresponding to 1447-06-25
Date Work Commencement	2026-01-01 Corresponding to 1447-07-12
Brief Resume	Mr. Khalid Rabea Al-Rashidi is an executive with over 25 years of experience in the food sector, specializing in factory management, operations, supply chains, and food quality and safety. He has held leadership positions at Herfy, PepsiCo, and Almarai, achieving tangible results in improving efficiency, reducing costs, and driving operational transformation. He holds a Master of Business Administration (MBA) and a Bachelor’s degree in Chemical Engineering, in addition to professional certifications in food safety, quality, internal systems auditing, and others

Wafrah for Industry and Development Co. Announces Appointment of a CEO