| Element List | Explanation |
|---|---|
| Introduction | Hedab Alkhaleej Trading Co. announces that Eng. Nashat Mohammed Mohammed Abdu (Executive Board Member) has submitted his resignation from the Board of Directors on 16/06/1447H (07/12/2025G). The resignation shall take effect at the end of the working day on Wednesday, 11/07/1447H (31/12/2025G), due to personal reasons. The resignation request was presented to the Board on 17/06/1447H (08/12/2025G), and the Board resolved to approve it. The Board of Directors expressed its appreciation to the resigning member for his efforts and contributions during his tenure, and wished him success in his executive role. Furthermore, the Board of Directors has approved the recommendation submitted by the Nomination and Remuneration Committee to appoint Mr. Yasser bin Abdulaziz bin Ibraheem Al-Rashed Al-Humaid as a Board Member to fill the vacancy created by the resignation, effective from 12/07/1447H (01/01/2026G), for the remainder of the current Board term ending on 08/03/1448H (21/08/2026G). The Board wishes him success in his new responsibilities. |
| Element List | Explanation |
|---|---|
| Resigned Member Name | Nashat Mohammed Mohammed Abdu |
| Membership Type | Executive |
| Resignation Submission Date | 2025-12-07 Corresponding to 1447-06-16 |
| Resignation Effective Date | 2025-12-31 Corresponding to 1447-07-11 |
| Membership Starting Date for the Resigned Member | 2021-08-21 Corresponding to 1443-01-13 |
| Reasons of Resignation | Personal Circumstances. |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Yasser Abdulaziz Ibrahim Al-Rashed Al-Humaid |
| Membership Type | Independent |
| Membership Start Date | 2026-01-01 Corresponding to 1447-07-12 |
| Brief Resume of the Appointed Member | Mr. Yasser Abdulaziz Ibrahim Al-Humaid is regarded as a distinguished national talent with more than thirty years of experience in business administration, information technology, and project management. He has progressed through several roles, most notably serving as Director of Project Management at the Ministry of Interior. He holds a Bachelor’s Degree in Business Administration (Marketing) from King Saud University, in addition to several specialized professional development programs. |
| 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 | 2025-12-08 Corresponding to 1447-06-17 |
| Board Approval | Board Approval May not be Deemed Final, this Appointment Shall Be Put before the First General Assembly Meeting for Approval |
