Element List	Explanation
Introduction	National Industrialization Company “TASNEE” announces the decision of its Board of Director’s dated 06/07/2025. Which includes the formation of the Audit committee effective from 06/07/2025 for a term of four years, ending on 05/07/2029, as follows:

Element List	Explanation
Appointed Member Name	Mr. Sami Abdulaziz Al-Shenaiber (Independent Member from Outside the Board of Directors) Chairman
Membership Start Date	2025-07-06 Corresponding to 1447-01-11
Brief Resume of the Appointed Member	He holds an MBA in Accounting and Financial Management. He currently serves as a Senior Consultant and the Interim CFO at Riyadh Airports Company. He has also held several previous positions, such as, CFO at Riyadh Airports Company and Executive Financial Director supervising human resources, procurement, and contracts at Dr. Mohammed bin Rashid Al-Faqih and Partners Company. He holds several a Board membership in several companies.
The date of the approval by other official authorities	not applicable

Element List	Explanation
Appointed Member Name	Mr. Maher Saad Al-Aiyadhi (Independent Member from Outside the Board of Directors)
Membership Start Date	2025-07-06 Corresponding to 1447-01-11
Brief Resume of the Appointed Member	He holds a Bachelor degree of Science in Accounting from King Fahd University of Petroleum and Minerals. He is currently serving as the Chief Internal Audit Officer in Royal Commission for AlUla. He has also held several positions such as the Chief Auditor at Saudi Aramco Dow Chemical (SADARA) Company. He also holds several Board memberships in several companies.
The date of the approval by other official authorities	not applicable

Element List	Explanation
Appointed Member Name	Dr. Muath Khalid Al-Zamil (Independent Member)
Membership Start Date	2025-07-06 Corresponding to 1447-01-11
Brief Resume of the Appointed Member	He holds a Doctorate in Organizational Strategy form Pepperdine University. He is currently serving as Executive Director of Corporate Strategy at THIQAH Company. He has also held several previous positions such as Sr. Corporate Strategy Advisor at Saudi Aramco and Advisor of Strategy and Investment at Monsha’at.
The date of the approval by other official authorities	not applicable

Element List	Explanation
Appointed Member Name	Eng. Abdulaziz Khalifa AI-Mulhim (Independent Member)
Membership Start Date	2025-07-06 Corresponding to 1447-01-11
Brief Resume of the Appointed Member	He holds a Bachelor degree in civil engineering from Wentworth Institute of Technology. He is currently serving as Senior Equity Research Analyst at Alpha Capital. He has also held several positions such as SAB Invest- Equity Research Analyst.
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	2025-07-06 Corresponding to 1447-01-11