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Element List	Explanation
Introduction	Rawasi Albina Investment Company announces that its Board of Directors, in its meeting held on 13/11/2025G corresponding to 22/05/1447H, approved the resignation of Mr. Mohsen Muteb Al-Duajani Al-Otaibi from his position as Managing Director based on his request, with the resignation effective as of 13/11/2025G. The Board extends its sincere thanks and appreciation to Mr. Mohsen Muteb Al-Duajani Al-Otaibi for his efforts and contributions during his tenure. The Board also approved, in the same meeting, the appointment of Mr. Faisal Saad Mohammed Al-Buqami, Board Member, as the Managing Director of the Company, effective from the date he assumes his duties on 15/11/2025G. The Company will announce any further developments regarding the appointment of the Chief Executive Officer and the Board Member to occupy the vacant seat once available. It should be noted that this approval is not final and will be presented at the next General Assembly meeting for ratification.

Element List

Explanation

Introduction

Rawasi Albina Investment Company announces that its Board of Directors, in its meeting held on 13/11/2025G corresponding to 22/05/1447H, approved the resignation of Mr. Mohsen Muteb Al-Duajani Al-Otaibi from his position as Managing Director based on his request, with the resignation effective as of 13/11/2025G. The Board extends its sincere thanks and appreciation to Mr. Mohsen Muteb Al-Duajani Al-Otaibi for his efforts and contributions during his tenure.

The Board also approved, in the same meeting, the appointment of Mr. Faisal Saad Mohammed Al-Buqami, Board Member, as the Managing Director of the Company, effective from the date he assumes his duties on 15/11/2025G.

The Company will announce any further developments regarding the appointment of the Chief Executive Officer and the Board Member to occupy the vacant seat once available.

It should be noted that this approval is not final and will be presented at the next General Assembly meeting for ratification.

Element List	Explanation
Name of the Resigned Person	Mr. Mohsen Muteb Al-Duajani Al-Otaibi
Resignation Acceptance Date	2025-11-13 Corresponding to 1447-05-22
Resignation Effective Date	2025-11-13 Corresponding to 1447-05-22
Reasons for Resignation	Based on his request

Element List	Explanation
Appointment Type	Appointment
Name of the Appointed Person	Mr. Faisal Saad Mohammed Al-Buqami
Date of Board Resolution	2025-11-13 Corresponding to 1447-05-22
Date Work Commencement	2025-11-15 Corresponding to 1447-05-24
Brief Resume	It is worth noting that Mr. Faisal Saad Mohammed Al-Buqami has extensive experience in business development and establishing operational departments, with a distinguished track record in customer service and sales management. He has held several executive positions in major companies, including Zain Telecommunications and Rawafed Investment, and has contributed to building successful operational and commercial strategies. He also possesses more than 15 years of experience in project leadership and performance development

Rawasi Albina Investment Co. Announces Resignation and Appointment of the Managing Director