| Element List | Explanation |
|---|---|
| Introduction | Dar Almarkabah for Renting Cars Co. announces the resignation of Mr. Khalid Muqbil Al-Muqbil from his position as a member of the Audit Committee. The Board of Directors extends its sincere appreciation and gratitude to Mr. Khalid Muqbil Al-Muqbil for his efforts and valuable contributions during his tenure as a member of the Audit Committee and wishes him continued success. The Board of Directors will appoint a new member to fill the vacant position in accordance with the applicable procedures, ensuring that the composition of the Audit Committee remains compliant with the relevant regulatory requirements, including the minimum number of Audit Committee members, which is three members. The name of the newly appointed member will be announced at a later date in accordance with the applicable laws, regulations, and instructions. |
| Element List | Explanation |
|---|---|
| Name of Resigning Member | Mr. Khalid Muqbil Al-Muqbil |
| Resignation Submission Date | 2026-07-16 Corresponding to 1448-02-02 |
| Resignation Effective Date | 2026-07-16 Corresponding to 1448-02-02 |
| Reasons for Resignation | Weak implementation of corporate governance procedures within the Company. |
| Resigning Member Start Date | 2024-05-22 Corresponding to 1445-11-14 |
