Results of Board Decisions by Passing

The Board of Directors of Al Sagr National Insurance Co. (ASNIC) resolved to dismiss Mr. Abdel Muhsen Jaber from his position as Chief Executive Officer.
The board approved the appointment of an Acting General Manager to lead the company until a new CEO is appointed, subject to Central Bank of the UAE approval.
The company approved the appointment of a new Board Secretary, pending the completion of required regulatory procedures and fulfillment of Central Bank requirements.