| Element List | Explanation |
|---|---|
| Introduction | The Arabian Company for Agricultural and Industrial Investment announces the approval of the Board of Directors on 17-05-2026 on the resignation of a member of the Audit Committee, Mr. Mohamad Mahmood Abu Diab (Non-Board Member), provided that the resignation will take effect as of 17-05-2026 . The Board also approved the appointment of Mr. Fahad Mohammed Al-Salamah (Non-Board Member) as of 18-05-2026. |
| Element List | Explanation |
|---|---|
| Name of Resigning Member | Mohamad Mahmood Abu Diab |
| Resignation Submission Date | 2026-05-17 Corresponding to 1447-11-30 |
| Resignation Effective Date | 2026-05-17 Corresponding to 1447-11-30 |
| Reasons for Resignation | Special circumstances |
| Resigning Member Start Date | 2024-01-01 Corresponding to 1445-06-19 |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Fahad Mohammed Al-Salamah |
| Membership Start Date | 2026-05-18 Corresponding to 1447-12-01 |
| Brief Resume of the Appointed Member | Mr. Fahad Al-Salamah holds a B.A. in Accounting and an MBA from the University of Science & Technology. He is also a certified SOCPA (Saudi Organization for Chartered and Professional Accountants). Fahad brings over 25 years of strategic financial leadership across diverse industries including Dairy & Beverage, Retail, Real Estate, and Agriculture. Previously, he served as CFO of BAJA FOOD INDUSTRIES, where he spearheaded digital transformation, IFRS implementation, and IPO readiness. His prior roles include CFO of Tadawul Real Estate Co., leadership positions at National Agricultural Development Co. (NADEC), and Al Safi-Danone. |
| 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 | 2026-05-17 Corresponding to 1447-11-30 |
