Waja Co. Announces Resignation and Appointment of a Board Member

Element List	Explanation
Introduction	Waja Company Announces the Acceptance of the Resignation of an Independent Board Member and the Appointment of His Replacement Waja Company announces that its Board of Directors, at its meeting held on Thursday, 17/01/1448 AH (corresponding to July 2, 2026), accepted the resignation of Mr. Sultan Ahmed Al Mousa, an Independent member of the Board of Directors. The Board also appointed Eng. Majed Abdullah Al-Essa as an Independent Board member to replace him, effective from the date of the Board's resolution until the end of the current Board term. The Board of Directors expressed its sincere appreciation and gratitude to the resigning member for his outstanding performance and valuable contributions during his tenure on the Board, and wished him continued success and prosperity.

Element List

Explanation

Introduction

Waja Company Announces the Acceptance of the Resignation of an Independent Board Member and the Appointment of His Replacement

Waja Company announces that its Board of Directors, at its meeting held on Thursday, 17/01/1448 AH (corresponding to July 2, 2026), accepted the resignation of Mr. Sultan Ahmed Al Mousa, an Independent member of the Board of Directors.

The Board also appointed Eng. Majed Abdullah Al-Essa as an Independent Board member to replace him, effective from the date of the Board's resolution until the end of the current Board term.

The Board of Directors expressed its sincere appreciation and gratitude to the resigning member for his outstanding performance and valuable contributions during his tenure on the Board, and wished him continued success and prosperity.

Element List	Explanation
Resigned Member Name	Mr. Sultan Ahmad Al Mousa
Membership Type	Independent
Resignation Submission Date	2026-06-30 Corresponding to 1448-01-15
Resignation Effective Date	2026-07-02 Corresponding to 1448-01-17
Membership Starting Date for the Resigned Member	2024-03-24 Corresponding to 1445-09-14
Reasons of Resignation	Personal Reasons

Element List	Explanation
Appointed Member Name	Eng. Majed Abdullah Al-Essa
Membership Type	Independent
Membership Start Date	2026-07-02 Corresponding to 1448-01-17
Brief Resume of the Appointed Member	Eng. Majed Abdullah Al-Essa is a seasoned executive with extensive experience in senior management, investment, business development, financial analysis, mergers and acquisitions, and business restructuring, with more than 24 years of professional experience. He has held several leadership positions as Chief Executive Officer, Board Member, and Committee Member at a number of publicly listed companies, including Sadr Logistics Company, Saudi Ceramic Company, Batic Investments and Logistics Company, and Gas Arabian Services Company (GASCO). He has also gained valuable experience at SABIC, National Gypsum Company, and the Saudi Industrial Development Fund (SIDF). Eng. Al-Essa holds a Master’s degree in Industrial Management from the University of Cambridge and a Bachelor’s degree in Chemical Engineering from King Saud University. He also holds the Certified Management Accountant (CMA) designation and the Certified Merger & Acquisition Advisor (CM&AA) credential.
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	2026-07-02 Corresponding to 1448-01-17
Board Approval	Board Approval May not be Deemed Final, this Appointment Shall Be Put before the First General Assembly Meeting for Approval
Additional Information	The appointment shall take effect from the date of the Board's resolution and shall remain in effect until the end of the current Board term on March 23, 2028.