| Element List | Explanation |
|---|---|
| Introduction | Horizon Educational Company announces the Board of Directors' decision dated 10-10-1446 AH corresponding to 08-04-2025 AD to accept the resignation of Audit Committee member Mr. Mohammed bin Hussein Al-Damer, which he submitted on 06-04-2025 AD due to personal circumstances. He will continue as a member of the company's Board of Directors. The Board of Directors extends its sincere thanks and appreciation to Mr. Mohammed bin Hussein Al-Damer for his efforts during his membership on the Audit Committee, wishing him success and prosperity. The Board of Directors also approved the appointment of Mr. Mansour Abdul Aziz Mohammed Al-Zaqi (a member from outside the Board) as a member of the Audit Committee, effective 08-04-2025 AD, provided that he completes the remaining statutory term of the current committee. We ask God to grant him success and prosperity. |
| Element List | Explanation |
|---|---|
| Name of Resigning Member | Muhammad ibn Hussein al-Damir |
| Resignation Submission Date | 2025-04-06 Corresponding to 1446-10-08 |
| Resignation Effective Date | 2025-04-08 Corresponding to 1446-10-10 |
| Reasons for Resignation | Due to his personal circumstances |
| Resigning Member Start Date | 2021-12-18 Corresponding to 1443-05-14 |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Mansour Abdul Aziz Mohammed Al-Zaqi |
| Membership Start Date | 2025-04-08 Corresponding to 1446-10-10 |
| Brief Resume of the Appointed Member | Bachelor of Accounting, King Saud University Chairman of 360 Solutions for Business Solutions Director of Human Resources at Saudi Telecom Company from 1997 to 2002 |
| 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 | 2025-04-08 Corresponding to 1446-10-10 |
