Al Rashid Industrial Company Announces the Board of Directors' Resolutions Regarding the Appointment of the Chairman, Vice Chairman, Managing Director, Board Secretary, Formation of Board Committees, and Appointment of the Company's Representatives for the New Board Term

Al Rashid Industrial Company's Board of Directors approved leadership appointments and committee formations for a new three-year term starting July 2, 2026, and ending July 1, 2029.
Key executive appointments include Mr. Fahad Abdulaziz Al Rashid Al Humaid as Chairman, Mr. Abdullah Sulaiman Fahad Al Eisa as Vice Chairman, and Mr. Mohammed Abdulaziz Mohammed Al Rashid Al Humaid as Managing Director.
The Board formed the Audit Committee (chaired by Mr. Ahmed Abdulrahman Abdulaziz Al Mohsen), the Nomination and Remuneration Committee, and the Executive Committee.
Official representatives were appointed to the Capital Market Authority (CMA) and the Saudi Exchange (Tadawul), alongside the appointment of the Board Secretary.

Element List	Explanation
Announcement Detail	With reference to Al Rashid Industrial Company's announcement published on 18/06/2026 regarding the results of the Extraordinary General Assembly Meeting held on 17/06/2026, which included the election of the members of the Board of Directors for the new Board term commencing on 02/07/2026 for a period of three years ending on 01/07/2029. Al Rashid Industrial Company announces that the Board of Directors, at its first meeting held on 02/07/2026 (corresponding to 17/01/1448H), resolved the following: First: Appointment of the Chairman, Vice Chairman and Managing Director 1) Mr. Fahad Abdulaziz Al Rashid Al Humaid was appointed Chairman of the Board. 2) Mr. Abdullah Sulaiman Fahad Al Eisa was appointed Vice Chairman of the Board. 3) Mr. Mohammed Abdulaziz Mohammed Al Rashid Al Humaid was appointed Managing Director. Second: Formation of the Board Committees • Audit Committee 1. Mr. Ahmed Abdulrahman Abdulaziz Al Mohsen – Chairman 2. Mr. Mousa Abdullah Hamad Al Mousa – Member 3. Mr. Mazen Ahmed Abdulrahman Al Drees – Member • Nomination and Remuneration Committee 1. Mr. Abdullah Sulaiman Fahad Al Eisa – Chairman 2. Mr. Fahad Abdulaziz Al Rashid Al Humaid – Member 3. Mr. Basim Saleh Mohammed Al Rashid – Member • Executive Committee 1. Mr. Abdullah Sulaiman Fahad Al Eisa – Chairman 2. Mr. Fahad Abdulaziz Al Rashid Al Humaid – Member 3. Mr. Mohammed Hamad Mohammed Al Rashid Al Humaid – Member Third: Appointment of the Board Secretary. Fourth: Appointment of the Company's representatives before the Capital Market Authority and Saudi Exchange (Tadawul) for all purposes related to the Capital Market Law, the Companies Law and their Implementing Regulations, other applicable laws and regulations, and the Rules on the Offering of Securities and Continuing Obligations.

Element List

Explanation

Announcement Detail

With reference to Al Rashid Industrial Company's announcement published on 18/06/2026 regarding the results of the Extraordinary General Assembly Meeting held on 17/06/2026, which included the election of the members of the Board of Directors for the new Board term commencing on 02/07/2026 for a period of three years ending on 01/07/2029.

Al Rashid Industrial Company announces that the Board of Directors, at its first meeting held on 02/07/2026 (corresponding to 17/01/1448H), resolved the following:

First: Appointment of the Chairman, Vice Chairman and Managing Director

1) Mr. Fahad Abdulaziz Al Rashid Al Humaid was appointed Chairman of the Board.

2) Mr. Abdullah Sulaiman Fahad Al Eisa was appointed Vice Chairman of the Board.

3) Mr. Mohammed Abdulaziz Mohammed Al Rashid Al Humaid was appointed Managing Director.

Second: Formation of the Board Committees

• Audit Committee

1. Mr. Ahmed Abdulrahman Abdulaziz Al Mohsen – Chairman

2. Mr. Mousa Abdullah Hamad Al Mousa – Member

3. Mr. Mazen Ahmed Abdulrahman Al Drees – Member

• Nomination and Remuneration Committee

1. Mr. Abdullah Sulaiman Fahad Al Eisa – Chairman

2. Mr. Fahad Abdulaziz Al Rashid Al Humaid – Member

3. Mr. Basim Saleh Mohammed Al Rashid – Member

• Executive Committee

1. Mr. Abdullah Sulaiman Fahad Al Eisa – Chairman

2. Mr. Fahad Abdulaziz Al Rashid Al Humaid – Member

3. Mr. Mohammed Hamad Mohammed Al Rashid Al Humaid – Member

Third:

Appointment of the Board Secretary.

Fourth:

Appointment of the Company's representatives before the Capital Market Authority and Saudi Exchange (Tadawul) for all purposes related to the Capital Market Law, the Companies Law and their Implementing Regulations, other applicable laws and regulations, and the Rules on the Offering of Securities and Continuing Obligations.