Element List

Explanation

Introduction

With reference to the Ordinary General Assembly meeting held on Wednesday, 17/12/2025G, corresponding to 26/06/1447H, during which the members of the Board of Directors for the sixth term were elected — a term that begins on 21 January 2026G and ends on 20 January 2030G — Takween Advanced Industries announces the Board of Directors’ resolution dated 22/12/2025G, corresponding to 02/07/1447H, approving the formation of the Audit Committee for the aforementioned sixth term, as follows:

Element List	Explanation
Appointed Member Name	Mr. Saleh Hassan Abdullah Al-Afaleq
Membership Start Date	2026-01-21 Corresponding to 1447-08-02
Brief Resume of the Appointed Member	Mr. Saleh Hassan Al-Afaleq is a Board Member and the Vice Chairman of Takween Advanced Industries. He also serves as the Managing Director of Al Oula Financing Company and a Board Member of Al-Kifah Holding Company. He holds a Bachelor’s degree in Administrative Sciences from King Faisal University (1988) and a Master’s degree in Human Resource Development from Seattle Pacific University in the United States (1990). Throughout his career, Mr. Saleh has held several prominent leadership roles, including Chairman of the Al-Ahsa Chamber of Commerce, Vice Chairman of the Council of Saudi Chambers, and Member of the Shura Council, in addition to his current role as a Board Member of Noor Capital. Mr. Saleh is widely recognized as a distinguished national leader with extensive experience in administration, finance, and business development, bringing significant value to the company’s governance framework and contributing to the effectiveness of Takween’s Board of Directors.
The date of the approval by other official authorities	Not Applicable

Element List	Explanation
Appointed Member Name	Dr. Sulaiman Abdullah Al-Sakran
Membership Start Date	2026-01-21 Corresponding to 1447-08-02
Brief Resume of the Appointed Member	Dr. Sulaiman bin Abdullah Al-Sakran is a Saudi academic and economic expert with decades of experience in the fields of economics, finance, and investment. He earned his PhD in Economics and Statistics from the University of Houston in the United States in 1994, and holds a Master’s degree in Business Administration (1987) and a Bachelor’s degree in Industrial Management (1985) from King Fahd University of Petroleum and Minerals. Throughout his career, Dr. Al-Sakran has held numerous leadership and advisory roles in prominent financial and economic institutions, and his research contributions have helped advance the understanding of financial markets and international trade. He is regarded as one of the influential figures in governance and economic planning in Saudi Arabia, combining academic expertise with strategic vision to support effective decision-making.
The date of the approval by other official authorities	Not Applicable

Element List	Explanation
Appointed Member Name	Mr. Waleed Mohammed Al-Othimeen
Membership Start Date	2026-01-21 Corresponding to 1447-08-02
Brief Resume of the Appointed Member	Mr. Waleed bin Mohammed Al-Othimeen is the Chief Executive Officer of the Saudi Gas Cylinder Manufacturing Company, with more than 30 years of experience in financial management, strategic planning, and auditing. Throughout his career, he has held several prominent leadership positions and achieved notable successes in enhancing operational efficiency and strengthening financial performance. He holds a Bachelor’s degree in Industrial Management with a specialization in Accounting from King Fahd University of Petroleum and Minerals, from which he graduated in 1989. Mr. Al-Othimeen is recognized for his ability to lead organizational transformation and develop innovative strategies that drive efficiency and operational excellence.
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	2025-12-22 Corresponding to 1447-07-02