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Element List	Explanation
Introduction	Emaar, the Economic City announces the appointment of Eng. Muhannad Al-Azzawi as the Chairman of the Board of Directors following the resignation of the previous Chairman H.E. Mr. Fahad Abduljalil Al-Saif.
Previous Announcement	Emaar, the Economic City Announces the Resignation of a Board Member
Date of Previous Announcement on Saudi Exchange’s Website	2026-02-19 Corresponding to 1447-09-02
Hyperlink to the Previous Announcement on the Saudi Exchange Website	Click Here
Latest Developments Of The Announced Event	Emaar, the Economic City announces the appointment of Eng. Muhannad Al-Azzawi as the Chairman of the Board of Directors pursuant to the Board resolution issued in this regard on 19 February 2026.
The costs associated with the event, and if they have changed or not with indication of the reasons.	N/A
Additional Information	Eng. Muhannad Al-Azzawi holds a Bachelor of Science in Computer Engineering from King Saud University and has over thirty two years of professional experience across the Contracting, Technology, Civil Aviation, Banking & Investment, Real Estate Development, and Hospitality sectors. He is currently the Managing Partner of several companies, including Saudi Industrial Constructions & Engineering Projects Co., Saudi Technology & Trade Co., and AlWusataa Development Co. He also serves on the Board of Directors and Committees and Chairs the Boards and Committees of multiple joint stock companies, contributing to corporate governance and authorities, strategic planning, and organizational oversight. Through these leadership roles, he has supported restructuring, business growth, diversification and long-term value creation.

Emaar, the Economic City Announces Appointment of a Chairman of the Board of Directors