| Introduction | Consolidated Gruenenfelder Saady Holding Company announces that its Board of Directors, by resolution dated February 01, 2026, corresponding to 13 Shaban 1447H, has approved the acceptance of the resignation of Mr. Peter Faerber from his position as Chief Executive Officer, effective as of April 30, 2026 corresponding to 13 Dhul Qadah 1447H. The Board of Directors expressed its sincere appreciation and gratitude to Mr. Peter Faerber for his dedicated efforts and valuable contributions during his tenure as Chief Executive Officer of the Company, wishing him continued success in his future endeavors. |