| Element List | Explanation |
|---|---|
| Introduction | Sport Clubs Company announces that the Board of Directors has issued a resolution to form the Audit Committee for the current Board term, which commenced on 26 September 2022 and was extended by a resolution of the General Assembly held on 4 December 2022 to end on 25 September 2027. On 3 December 2025, the Board of Directors issued a resolution to reconstitute the Audit Committee so that its term continues until the end of the current Board term on 25 September 2027, maintaining the same committee structure that was in place until 4 December 2025, as follows: |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Sager Ahmed Hammad Alblawi (Independent Member)- Chairman of the Committee |
| Membership Start Date | 2025-12-05 Corresponding to 1447-06-14 |
| Brief Resume of the Appointed Member | He holds a Master of Science in Finance from George Washington University and a Bachelor’s degree in Financial Management from Portland State University in the United States. He has extensive experience in the financial and investment sectors, serving on the boards and specialized committees of several companies operating in investment, building materials, and construction. He also serves as the Deputy CEO of Shar Company, in addition to previous professional experience as a financial analyst at SABIC. |
| The date of the approval by other official authorities | N/A |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Badr Ibrahim Badr Al Swailem (Non-Board Member)- Committee Member |
| Membership Start Date | 2025-12-05 Corresponding to 1447-06-14 |
| Brief Resume of the Appointed Member | He holds a bachelor’s degree in accounting from King Saud University, in addition to being a Certified Public Accountant (CPA) from the AICPA in the United States and a fellow of the Saudi Organization for Chartered and Professional Accountants (SOCPA). He has extensive experience in accounting, finance, and investments, having held several executive and leadership positions, supported by strong financial expertise through his previous work as a financial controller and his membership in audit committees across multiple organizations. He also serves on the boards and specialized committees of both public and closed-joint stock companies operating in various sectors, including insurance, real estate development, investment, and electrical industries. |
| The date of the approval by other official authorities | N/A |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Hasan Ahmed Maaty Daabas (Non-Board Member)- Committee Member |
| Membership Start Date | 2025-12-05 Corresponding to 1447-06-14 |
| Brief Resume of the Appointed Member | He holds a bachelor’s degree in accounting along with a range of professional certifications, including the Certified Public Accountant (CPA). He has extensive experience in internal audit, corporate governance, and financial services, during which he has held senior leadership roles, including Chief Audit Executive in leading multi-sector companies, in addition to his professional background with global firms such as PwC and RSM. He currently serves as a member of audit committees in several companies operating in the construction and building materials sectors, in addition to his role as Chief Audit Executive and Secretary of the Audit Committee at Bawan Company. |
| The date of the approval by other official authorities | N/A |
| Element List | Explanation |
|---|---|
| Date of Board Meeting in which Appointed New Member(s) were Appointed | 2025-12-03 Corresponding to 1447-06-12 |
