| Element List | Explanation |
|---|---|
| Introduction | Cherry Trading Co. announces the issuance of a Board of Directors’ resolution dated (25/01/2026), appointing Mr. Nasser bin Ibrahim Al-Omair as a member of the Board of Directors, effective from (25/01/2026) until the end of the current Board term. This decision comes as part of the Company’s ongoing efforts to enhance the efficiency and effectiveness of the Board of Directors and to meet shareholders’ expectations in alignment with relevant laws, regulations, and the Company’s overall strategy for achieving sustainable growth. Mr. Nasser bin Ibrahim Al-Omair brings extensive professional and administrative experience in business fields related to the Company’s activities, which is expected to positively contribute to supporting the Board’s work and strengthening its supervisory and strategic role in the coming period. Cherry Trading Company extends its best wishes to Mr. Nasser bin Ibrahim Al-Omair for continued success in his new role, asking Allah Almighty to grant him guidance and prosperity. |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Nasser Ibrahim Al-Omair |
| Membership Type | Non- Executive |
| Membership Start Date | 2026-01-25 Corresponding to 1447-08-06 |
| Brief Resume of the Appointed Member | Mr. Nasser Ibrahim Al-Omier holds a Bachelor's degree in Business Administration from the University of Georgia, Atlanta, USA. He served as the General Manager of Al-Omier Group of Trading and Contracting Companies from 1987 to 2017, where he led the development of the overall strategy and oversaw financial and operational performance, contributing to the transformation of the group into one of the leading companies in the roads and contracting sector. He has also held positions as a board member in several companies across various sectors, including human resources, finance, and investment. Mr. Al-Omier successfully led the establishment and development of prominent entities, most notably Al-Mawarid Manpower Company, which became a leading entity listed in the Saudi market. Additionally, he successfully led the restructuring of Cherry Company, resulting in its transition from a state of distress to a phase of growth and profitability. |
| The date of the approval by other official authorities | Does not match |
| Element List | Explanation |
|---|---|
| Date of Board Meeting in which Appointed New Member(s) were Appointed | 2026-01-25 Corresponding to 1447-08-06 |
| Board Approval | Board Approval May not be Deemed Final, this Appointment Shall Be Put before the First General Assembly Meeting for Approval |
