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| Announcement Detail | Al-Jouf Cement Company announces the issuance of a Board of Directors decision to revoke a previous decision that canceled the position of Managing Director and to reinstate the position within the approved organizational structure. The Board of Directors also decided to appoint Engineer Bakr bin Atef Sindi as the Managing Director of the company, effective from 04/01/2026. This decision comes as part of the Board's keenness to enhance governance efficiency, elevate the level of executive oversight, and achieve a balance between executive and supervisory powers, contributing to improving operational performance and supporting the achievement of the company's strategic objectives in the best interest of the shareholders. Managing Director Details: Name: Engineer Bakr bin Atef Sindi Membership Start Date: 31/12/2025 Appointment Effective Date: 04/01/2026 Engineer Bakr bin Atef Sindi has more than twenty-five years of professional experience in the fields of institutional transformation, governance, supply chains, and strategic planning. He holds a Bachelor's degree in Mining Engineering from King Abdulaziz University and has held leadership positions in several industrial and financial entities, in addition to his previous memberships on multiple boards of directors. |