| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Batic Investment and Logistics Company announces the formation of the Audit Committee for the Board of Directors’ term, which commenced on April 3, 2026, for a period of four years, ending on April 2, 2030, based on the Board of Directors’ resolution, as follows. |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Mr. Turki AlObailan (Independent Member) |
| Membership Start Date | 2026-04-03 Corresponding to 1447-10-15 |
| Brief Resume of the Appointed Member | Mr. Turki Ahmed Al-Abilan possesses extensive experience in the financial and regulatory fields, gained over nearly 13 years of service at the Saudi Central Bank (SAMA) in the General Department of Bank Supervision – Banking Inspection – where he also served as Head of the Local Banks Examination Department. He has also held leadership positions in several real estate companies. He holds a Master’s degree in Business Administration from the University of Hull, United Kingdom, earned in 2008, and a Bachelor’s degree in Financial Management from King Saud University, obtained in 2001, in addition to several professional courses in leadership, auditing, credit, and risk management. |
| The date of the approval by other official authorities | Not Applicable |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Mr.Faisal fahad Alhindi (Member - External) |
| Membership Start Date | 2026-04-03 Corresponding to 1447-10-15 |
| Brief Resume of the Appointed Member | Mr.Faisal Alhindi is a seasoned professional in the fields of energy, investment, and strategy, with extensive experience in leading large-scale transformation initiatives and developing complex financial models. He currently serves as a Director at the Ministry of Energy in the restructuring the Kingdom’s electricity sector program. He has played a key role in executing major strategic initiatives, including a $45 billion debt-to-equity conversion and securing $20 billion in government funding to support the transition toward renewable energy. He holds a Master of Business Administration in Finance from Stanford University, in addition to a Master of Science in Electrical Engineering from King Abdullah University of Science and Technology, and a Bachelor’s degree in Electrical Engineering from Purdue University. His professional experience includes working at Saudi Aramco as a Senior Strategy and Market Analyst, as well as advisory roles in investment and venture capital, and contributing to the founding of a technology startup. He is recognized for his strong expertise in financial modeling, investment analysis, and strategy development, with a particular focus on the energy, technology, and infrastructure sectors. |
| The date of the approval by other official authorities | Not Applicable |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Dima Adnan Al-Hurib (Member - External) |
| Membership Start Date | 2026-04-03 Corresponding to 1447-10-15 |
| Brief Resume of the Appointed Member | Dima Adnan Al-Hurib (Member from Outside the Board of Directors) Ms. Dima Al-Hurib has extensive professional experience in the financial sector, spanning more than four years in investment banking and capital markets advisory. She specializes in IPO readiness, capital markets, capital restructuring, and corporate governance. She also possesses broad experience in due diligence processes, financial reporting, and stakeholder management within highly regulated and high-growth environments. In addition, she has led pre-IPO valuation engagements, and developed advanced valuation models, including Discounted Cash Flow (DCF) and trading multiples methodologies. Throughout her professional career, Ms. Dima Al-Harib has held several positions. She worked as a Financial Analyst at Wasataa Capital in corporate finance and private equity and also served as a Financial Analyst in investment banking and direct investment at the Saudi Kuwaiti Finance House. She also assumed the roles of Senior Specialist and Acting Manager in the field of IPO readiness, contributing through these positions to the leadership and execution of strategic projects within the capital markets. Ms. Dima Al-Hurib holds a bachelor’s degree in finance and Investment from Imam Mohammad ibn Saud Islamic University in Riyadh. In addition, Ms. Dima is a Certified Audit Committee Member (CACM) from LGCA, as well as having completed the Advanced IPO Course for Professionals offered by the Financial Academy. |
| 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 | 2026-04-06 Corresponding to 1447-10-18 |
| Additional Information | In case of any inquiries, please contact the Investor Relations Department via email at: investor.relations@batic.sa |
