| Element List | Explanation |
|---|---|
| Introduction | Ratio Speciality Company for Trading announces that Mr. Bassem Abdullah Al-Salloum has submitted his resignation from his position as a member of the Board of Directors and from his membership on the Remuneration and Nominations Committee on 04/06/2026, for personal reasons, with effect from 05/06/2026. The Board of Directors issued a resolution on 04/06/2026 appointing Mr. Mousa Awwad Al-Ameri as a member of the Board of Directors, with effect from 05/06/2026. The Board of Directors extends its sincere thanks and appreciation to the former Board member, Mr. Bassem Abdullah Al-Salloum, for his distinguished efforts during his tenure, which contributed positively to supporting the Company’s business and achieving its strategic objectives, and wishes him continued success in his future endeavors. |
| Element List | Explanation |
|---|---|
| Resigned Member Name | Bassem Abdullah Abdulkarim Al Salloum |
| Membership Type | Independent |
| Resignation Submission Date | 2026-06-04 Corresponding to 1447-12-18 |
| Resignation Effective Date | 2026-06-05 Corresponding to 1447-12-19 |
| Membership Starting Date for the Resigned Member | 2024-05-06 Corresponding to 1445-10-27 |
| Reasons of Resignation | Personal reasons |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Moussa Awwad Ayed Al Ameri |
| Membership Type | Independent |
| Membership Start Date | 2026-06-05 Corresponding to 1447-12-19 |
| Brief Resume of the Appointed Member | Dr. Moussa Awwad Al Ameri has extensive experience in leadership, investment and business development, and has founded and managed several companies and brands in the food and beverage sector. |
| 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 | 2026-06-04 Corresponding to 1447-12-18 |
| Board Approval | The Board’s approval is not final, and the appointment shall be presented to the first General Assembly for approval. |