premargin

Element List	Explanation
Announcement Detail	With reference to the Ordinary General Assembly meeting held on 21 September 2025, during which the election of the BoD and its sub-committees for the term commencing on 22 September 2025 and ending on 21 September 2029 (a four-year term) was approved, and further to the BoD meeting held on 9 October 2025, in which the Board and committee formations were approved in accordance with regulatory requirements and the adopted governance frameworks. Arabian Shield Cooperative Insurance Company announces that the Insurance Authority has issued its approval on 26/11/2025 for the appointment of the Chairman of the Board, the Vice Chairman, and the formation of the sub-committees for the new term as follows: 1- Appointment of Prince Naif Bin Sultan Bin Mohammed Bin Saud alkabeer (Non-Executive Member) as Chairman of the Board of Directors 2- Appointment of Mr.Sameer alwazzan (Non-Executive Member) as Vice Chairman of the Board of Directors. 3- Formation of the Board of Directors' committees, including the Executive Committee, Nomination and Remuneration Committee, Investment Committee, Risk Committee, and Shariah Committee : Executive Committee: Mr. Sameer Alwazzan Chairman (Non-Executive Member). Mr. Raed Alsaif - Member (Non-Executive Member). Mr. Saud Bajbair - Member (Non-Executive Member). Mr. Adel Abalkhail - Member (Non-Executive Member). Nomination and Remuneration Committee: Mr. Mohammed Bin Ali – Chairman (Independent Member) Mr. Taha Azhari - Member (Independent Member). Mr. Sameer Alwazzan - Member (Non-Executive Member). Investment Committee: Mr. Raed Alsaif - Chairman (Non-Executive Member). Mr. Abdullah AlMishal – Member (Independent Member). Mr. Salman Alsudairi- Member (Member from outside the Board). Mr. Turki Almotawa- Member (Member from outside the Board). Risk Committee: Mr. Saud Bajbair - Chairman (Non-Executive Member). Mr. Mohammed Binali - Member (Independent Member). Mr. Mishal Alrabiah - Member (Member from outside the Board). Shariah Committee: Dr. Omar Zuhair Hafez – Chairman (from outside the Board) Mr. Yasser Abdulaziz Al-Marshadi - Member (Member from outside the Board). Mr. Saud Rashid Al Khudair - Member (Member from outside the Board). Audit Committee: Audit Committee Chairman and members were appointed previously as per Company announcement on 5/11/2025G

Element List

Explanation

Announcement Detail

With reference to the Ordinary General Assembly meeting held on 21 September 2025, during which the election of the BoD and its sub-committees for the term commencing on 22 September 2025 and ending on 21 September 2029 (a four-year term) was approved, and further to the BoD meeting held on 9 October 2025, in which the Board and committee formations were approved in accordance with regulatory requirements and the adopted governance frameworks.

Arabian Shield Cooperative Insurance Company announces that the Insurance Authority has issued its approval on 26/11/2025 for the appointment of the Chairman of the Board, the Vice Chairman, and the formation of the sub-committees for the new term as follows:

1- Appointment of Prince Naif Bin Sultan Bin Mohammed Bin Saud alkabeer (Non-Executive Member) as Chairman of the Board of Directors

2- Appointment of Mr.Sameer alwazzan (Non-Executive Member) as Vice Chairman of the Board of Directors.

3- Formation of the Board of Directors' committees, including the Executive Committee, Nomination and Remuneration Committee, Investment Committee, Risk Committee, and Shariah Committee

Executive Committee:

Mr. Sameer Alwazzan Chairman (Non-Executive Member).

Mr. Raed Alsaif - Member (Non-Executive Member).

Mr. Saud Bajbair - Member (Non-Executive Member).

Mr. Adel Abalkhail - Member (Non-Executive Member).

Nomination and Remuneration Committee:

Mr. Mohammed Bin Ali – Chairman (Independent Member)

Mr. Taha Azhari - Member (Independent Member).

Mr. Sameer Alwazzan - Member (Non-Executive Member).

Investment Committee:

Mr. Raed Alsaif - Chairman (Non-Executive Member).

Mr. Abdullah AlMishal – Member (Independent Member).

Mr. Salman Alsudairi- Member (Member from outside the Board).

Mr. Turki Almotawa- Member (Member from outside the Board).

Risk Committee:

Mr. Saud Bajbair - Chairman (Non-Executive Member).

Mr. Mohammed Binali - Member (Independent Member).

Mr. Mishal Alrabiah - Member (Member from outside the Board).

Shariah Committee:

Dr. Omar Zuhair Hafez – Chairman (from outside the Board)

Mr. Yasser Abdulaziz Al-Marshadi - Member (Member from outside the Board).

Mr. Saud Rashid Al Khudair - Member (Member from outside the Board).

Audit Committee:

Audit Committee Chairman and members were appointed previously as per Company announcement on 5/11/2025G

Arabian Shield Cooperative Insurance Announces the appointment of the Chairman of the Board of Directors, Vice Chairman, And formation of committees emanating from the Board of Directors.