Group Five Pipe Saudi Co. Announces the Appointment of the Chairman of the Board and Vice Chairman, the Formation of Board Committees, the Appointment of the Board Secretary, and the Appointment of Company Representatives

The Board of Directors of Group Five Saudi Pipes Company announces the resolutions adopted at its meeting held on Wednesday, 23 Sha’ban 1447H (corresponding to 11 February 2026G), which included the appointment of the Chairman and Vice Chairman of the Board, the formation of Board committees, the appointment of the Board Secretary, and the appointment of the Company’s representatives before the Capital Market Authority and the Saudi Exchange (Tadawul), as follows:

First: Appointment of the Chairman and Vice Chairman of the Board of Directors:

Mr. Tariq bin Abdulhadi Al-Qahtani appointed as Chairman of the Board (Non-Executive Member).

Mr. Salah bin Abdulhadi Al-Qahtani appointed as Vice Chairman of the Board (Executive Member).

Second: Appointment of Mr. Salah bin Abdulhadi Al-Qahtani (Executive Member) as Managing Director.

Third: Formation of the Audit Committee and appointment of the following members:

1. Mr. Mohammed bin Mkhled Al-Harbi (Member from outside the Board)

2. Mr. Salah bin Abdulrahman AlHuzami (Independent Member)

3. Mr. Salman bin Nasser Al-Shathri (Member from outside the Board)

Fourth: Appointment of Ms. Fatima Yusuf as Board Secretary.

Fifth: Approval of the appointment of the Company’s representatives before the Capital Market Authority and the Saudi Exchange (Tadawul) for all purposes related to the Capital Market Law, the Companies Law, and their implementing regulations, as well as other relevant regulations, the Rules on the Offer of Securities and Continuing Obligations.