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Element List	Explanation
Introduction	Sahara International Petrochemical Company (Sipchem) is pleased to announce the resolution of the Board of Directors on 11th December 2025 regarding the formation of the Audit Committee for the new Board of Directors’ term, which commenced on 10th December 2025 and will continue for Four years until 9th December 2029, as follows: 1) Eng. Abdullah K. Al-Buainain (Chairman of the Audit Committee -Independent Board Member). 2) Dr. Mohammad F. Al-Kanani (Committee Member - Member from outside the Board). 3) Mr. Abdullah A. Al-Naim (Committee Member - Member from outside the Board).

Element List

Explanation

Introduction

Sahara International Petrochemical Company (Sipchem) is pleased to announce the resolution of the Board of Directors on 11th December 2025 regarding the formation of the Audit Committee for the new Board of Directors’ term, which commenced on 10th December 2025 and will continue for Four years until 9th December 2029, as follows:

1) Eng. Abdullah K. Al-Buainain (Chairman of the Audit Committee -Independent Board Member).

2) Dr. Mohammad F. Al-Kanani (Committee Member - Member from outside the Board).

3) Mr. Abdullah A. Al-Naim (Committee Member - Member from outside the Board).

Element List	Explanation
Appointed Member Name	Eng. Abdullah K. Al-Buainain
Membership Start Date	2025-12-11 Corresponding to 1447-06-20
Brief Resume of the Appointed Member	Eng. Abdullah Al-Buainain holds a bachelor’s degree in mechanical engineering from KFUPM. He also served as CEO of Marafiq Company and held several leadership positions in various companies
The date of the approval by other official authorities	N/A

Element List	Explanation
Appointed Member Name	Dr. Mohammad F. Al-Kanani
Membership Start Date	2025-12-11 Corresponding to 1447-06-20
Brief Resume of the Appointed Member	Dr. Mohammed Al-Kinani holds a PhD in Financial Management from Oklahoma State University in the United States, and he is also a member of the audit committee in several listed joint-stock companies and closed joint-stock companies
The date of the approval by other official authorities	N/A

Element List	Explanation
Appointed Member Name	Mr. Abdullah A. Al-Naim
Membership Start Date	2025-12-11 Corresponding to 1447-06-20
Brief Resume of the Appointed Member	Mr. Abdulaziz Al-Naim holds a Master of Business Administration degree from Oregon State University in the United States, and he is also a member of the audit committee in several listed joint-stock companies and closed joint-stock companies
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	2025-12-11 Corresponding to 1447-06-20

Sahara International Petrochemical Company (Sipchem) Announces the Formation of the Audit Committee