Announcement of Hamad Mohammed Bin Saidan Real Estate Company on the Appointment of the Audit Committee Chairman

Element List	Explanation
Introduction	Hamad Mohammed Bin Saidan Real Estate Company announces the issuance of its Board of Directors' decision by circulation dated 3/12/1447 AH, corresponding to 20/5/2026 AD, approving the appointment of Mr. Mohammed bin Abdulmohsen Al-Assaf as Chairman of the Audit Committee.

Element List	Explanation
Appointed Member Name	Mr. Mohammed bin Abdulmohsen Al-Assaf
Membership Start Date	2026-05-30 Corresponding to 1447-12-13
Brief Resume of the Appointed Member	Mr. Mohammed bin Abdulmohsen AlAssaf holds a Bachelor's degree in Accounting from King Saud University and is a Fellow of the Saudi Organization for Certified Public Accountants (SOCPA). He brings over twenty years of professional experience in financial leadership, investment management, and corporate governance, having held several senior executive positions, most notably as Chief Financial Officer at Saudi Arabian Military Industries (SAMI), Saudi Telecom Company (stc), and stc Kuwait, in addition to his prior professional experience at Deloitte. He also possesses extensive expertise in internal audit, risk management, strategic financial planning, and mergers and acquisitions.
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	2026-05-20 Corresponding to 1447-12-03
Additional Information	Based on the Board of Directors' decision, Mr. Mohammed bin Abdulmohsen Al-Assaf has been appointed as Chairman of the Audit Committee.