| Element List | Explanation |
|---|---|
| Introduction | United Mining Industries Company (the "Company") announces the resignation of three members from its Board of Directors, being: (1) Ali Bin Salih Al Dakheel (Independent member) (2) Abdullah Bin Ibrahim Almojel (Non-executive member) (3) Abdul Rahman Bin Rashid Al Bluwe (Independent member) The Board of Directors has also resolved by circulation to appoint two members to the Board, as set out below, to complete the current term ending on 29/05/2027G. (1) Serge Nicolas Bekhaazi (Non-executive member) (2) Paul Christopher Button (Non-executive member) |
| Element List | Explanation |
|---|---|
| Resigned Member Name | Ali Bin Salih Al Dakheel |
| Membership Type | Independent |
| Resignation Submission Date | 2026-05-12 Corresponding to 1447-11-25 |
| Resignation Effective Date | 2026-05-12 Corresponding to 1447-11-25 |
| Membership Starting Date for the Resigned Member | 2024-05-30 Corresponding to 1445-11-22 |
| Reasons of Resignation | As a result of the completion of the private transaction concluded between the Company's substantial shareholders and Knauf International GmbH pursuant to which the parties agreed that the substantial shareholders will sell their entire shareholding in the Company (amounting to 63.2% of the Company's total share capital) to Knauf International GmbH. |
| Element List | Explanation |
|---|---|
| Resigned Member Name | Abdullah Bin Ibrahim Almojel |
| Membership Type | Non- Executive |
| Resignation Submission Date | 2026-05-12 Corresponding to 1447-11-25 |
| Resignation Effective Date | 2026-05-12 Corresponding to 1447-11-25 |
| Membership Starting Date for the Resigned Member | 2024-05-30 Corresponding to 1445-11-22 |
| Reasons of Resignation | As a result of the completion of the private transaction concluded between the Company's substantial shareholders and Knauf International GmbH pursuant to which the parties agreed that the substantial shareholders will sell their entire shareholding in the Company (amounting to 63.2% of the Company's total share capital) to Knauf International GmbH. |
| Element List | Explanation |
|---|---|
| Resigned Member Name | Abdul Rahman Bin Rashid Al Bluwe |
| Membership Type | Independent |
| Resignation Submission Date | 2026-05-12 Corresponding to 1447-11-25 |
| Resignation Effective Date | 2026-05-13 Corresponding to 1447-11-26 |
| Membership Starting Date for the Resigned Member | 2024-05-30 Corresponding to 1445-11-22 |
| Reasons of Resignation | As a result of the completion of the private transaction concluded between the Company's substantial shareholders and Knauf International GmbH pursuant to which the parties agreed that the substantial shareholders will sell their entire shareholding in the Company (amounting to 63.2% of the Company's total share capital) to Knauf International GmbH. |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Serge Nicolas Bekhaazi |
| Membership Type | Non- Executive |
| Membership Start Date | 2026-05-12 Corresponding to 1447-11-25 |
| Brief Resume of the Appointed Member | Mr. Serge Nicolas Bekhaazi holds a Bachelor of Mechanical Engineering from the American University of Beirut. With over 25 years of international executive experience, Mr. Bekhaazi is the Member of Group Management and CEO for the Middle East, Africa & Turkey at Knauf Group, a global leader in construction and building materials. He has driven regional growth, organizational transformation, and market expansion, managing multicultural teams and overseeing production, distribution, and business development initiatives across the Middle East, Africa, and Turkey. Mr. Bekhaazi has previously held senior executive roles at Schiedel International, Brass Monier, Icopal MEAT Region, General Electric International Inc., and Brand Energy & Infrastructure Services. He currently serves on the boards of various Knauf Group entities, playing a key role in building sustainable and competitive businesses within the construction materials and industrial sectors. |
| The date of the approval by other official authorities | Not applicable |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Paul Christopher Button |
| Membership Type | Non- Executive |
| Membership Start Date | 2026-05-12 Corresponding to 1447-11-25 |
| Brief Resume of the Appointed Member | Mr. Paul Christopher Button completed his studies in Construction Management at Oakland, UK. With over 30 years of experience in the construction and building materials sector, Mr. Button is the CEO at Knauf GCC, where he is responsible for the company’s operations across the GCC region. He previously served at Saint-Gobain for 28 years with his last appointment being the CEO of Saint-Gobain UAE. Mr. Button’s career has been marked by his leadership in strategic planning, regional expansion, and operational management in multinational environments, particularly within the plasterboards and mineral resources industries. He has held board and executive roles in several entities, including Knauf LLC, International Mining Company LLC, and USG Drywall SFZ LLC, and has played a key role in developing business partnerships and driving sustainable growth across the Middle East and beyond. |
| The date of the approval by other official authorities | Not applicable |
| Element List | Explanation |
|---|---|
| Date of Board Meeting in which Appointed New Member(s) were Appointed | 2026-05-12 Corresponding to 1447-11-25 |
| Board Approval | Board Approval May not be Deemed Final, this Appointment Shall Be Put before the First General Assembly Meeting for Approval |
