| Element List | Explanation |
|---|---|
| Introduction | Group Five Saudi Pipes Co. announces the resolution of its Board of Directors held on Wednesday, 23 Sha’ban 1447H (corresponding to 11 February 2026G) to form the Audit Committee for the new term, which will commence its work on 11 February 2026 for a period of four years and end with the completion of the Board’s term on 10 February 2030. The following members have been appointed: Mr. Mohammed bin Mekhld Al-Harbi – Member from outside the Board. Mr. Salah bin Abdulrahman AlHuzami – Independent Member. Mr. Salman bin Nasser Al-Shathri – Member from outside the Board. |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Mr. Mohammed bin Mekhld Al-Harbi |
| Membership Start Date | 2026-02-11 Corresponding to 1447-08-23 |
| Brief Resume of the Appointed Member | He holds a Master of Science in Accounting and Finance from Bangor University, Wales, United Kingdom, and a Bachelor of Science in Accounting from King Fahd University of Petroleum and Minerals. He is a holder of the American and Saudi Certified Public Accountant (CPA) fellowships and has completed several professional courses in the financial field. He possesses extensive and in-depth experience in the financial sector and has held several executive positions across various industries. |
| The date of the approval by other official authorities | N/A |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Mr. Salah bin Abdulrahman AlHuzami |
| Membership Start Date | 2026-02-11 Corresponding to 1447-08-23 |
| Brief Resume of the Appointed Member | He holds a Bachelor of Science in Industrial Management from King Fahd University of Petroleum and Minerals. He has completed the Executive Strategy Program for Leaders and the Risk Management Program for Senior Executives at Harvard University, and the Executive Mini MBA in Oil and Gas from CWC, London. He has experience in the financial, banking, and industrial sectors. He serves as a member of the boards of directors and committees of joint-stock companies and has held several executive positions across various sectors. |
| The date of the approval by other official authorities | N/A |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Mr. Salman bin Nasser Al-Shathri |
| Membership Start Date | 2026-02-11 Corresponding to 1447-08-23 |
| Brief Resume of the Appointed Member | He holds a Bachelor’s degree in Security Sciences from King Fahd Security College and a Master’s degree in Public Administration from Naif Arab University for Security Sciences, with a strong academic background in management, security sciences, and technology. He has extensive experience in the industrial and technology sectors. He is the Founder and Chairman of INTRA Defense Technologies and currently serves as Chairman of the National Committee for Military Industries. He has a proven track record in developing growth strategies and monitoring performance indicators. He was awarded the Forbes ME Award for Innovative Entrepreneurs in recognition of his outstanding contributions and innovations in the sector. |
| The date of the approval by other official authorities | N/A |
| Element List | Explanation |
|---|---|
| Date of Board Meeting in which Appointed New Member(s) were Appointed | 2026-02-11 Corresponding to 1447-08-23 |
