| Element List | Explanation |
|---|---|
| Introduction | Yaqeen Capital Co. announces the Board of Directors’ decision dated 29/12/1446 AH corresponding to 25/06/2025 AD, based on the recommendation of the Nominations and Remuneration Committee, which includes approval of the appointment of Mr. Abdullah bin Muhammad Al Shmassi as a member of the Board of Directors (independent) in the vacant seat to complete the current term of the Board of Directors, which ends on 08/02/2027 AD. |
| Element List | Explanation |
|---|---|
| Appointed Member Name | ABDULLAH MOHAMMED ABDULLAH ALSHMASSI |
| Membership Type | Independent |
| Membership Start Date | 2025-07-16 Corresponding to 1447-01-21 |
| Brief Resume of the Appointed Member | -He holds a bachelor's degree from King Saud University, majoring in petroleum engineering, and holds numerous advanced professional certificates in banking, strategy, governance, and management. -He is a board member/committee member of several companies, including Abdullatif Alissa Holding Group, Amlak International Finance Company, and Alissa Industries Company. -He has held several leadership positions in various banks and companies since 1992, before joining the board of directors of Yaqeen Capital Company. |
| The date of the approval by other official authorities | Date of Capital Market Authority's Approval for Registration: 21/01/1447H corresponding to 16/07/2025G |
| Element List | Explanation |
|---|---|
| Date of Board Meeting in which Appointed New Member(s) were Appointed | 2025-06-25 Corresponding to 1446-12-29 |
| Board Approval | Board Approval May not be Deemed Final, this Appointment Shall Be Put before the First General Assembly Meeting for Approval |
| Additional Information | End Date of the Current Board Term: 08/02/2027G |
