Gulf Union Al Ahlia Cooperative Insurance Co. Announces the Appointment of the Chairman of the Board of Directors, Vice Chairman, Board Secretary and the Formation of the Nomination & Remuneration Committee.

Gulf Union Al Ahlia Cooperative Insurance Company would like to announce the Board of Directors’ resolution dated 04/02/2026G, which includes the approval of the appointment of the Chairman of the Board, Vice Chairman of the Board, Board Secretary, and the Chairman and members of the Nomination & Remuneration Committee for the new term commenced on 17/12/2025G for a period of four years ending on 16/12/2029G, following the receipt of the Insurance Authority’s no-objection on 04/02/2026G, as follows : -

First: Appointment of Mr. Abdulaziz Ali Al Turki – Non-Executive Member – as Chairman of the Board.

Second: Appointment of Mr. Mohannad Saud Al Fayez – Independent Member – as Vice Chairman of the Board.

Third: Appointment of Ms. Haya Fahad Al Saeed - as Secretary of the Board.

Fourth: Nomination & Remuneration Committee

1. Mr. Ahmed Mohammed Al Salem – Independent Member – Chairman of the Committee

2. Mr. Munir Hashem Al Borno – Non Executive Member – Committee Member

3. Mr. Zaid Saad Al Kathiri – Independent Member – Committee Member

4. Mr. Karim Mohammed Bacheti – Independent Member – Committee Member

The formation of the remaining Board committees will be announced at a later date upon the approval of their formation