Element List	Explanation
Introduction	Saudi Advanced Industries Company (SAIC) announces the Board of Directors’ decision issued on 03 Muharram 1447 corresponding to June 28, 2025, which includes the formation of the Audit Committee, as follows:

Element List	Explanation
Appointed Member Name	Mr. Yasser Rashid Al Rashid - Chairman of the Audit Committee
Membership Start Date	2025-06-28 Corresponding to 1447-01-03
Brief Resume of the Appointed Member	He has over 20 years of experience in the financial, banking, and investment sectors, having held leadership positions at the Saudi Central Bank and the World Bank Group. He currently serves as Chief Financial Officer at Al-Soudah Development Company. He holds an MBA from the University of Denver, a BS in Accounting from King Saud University, and a CPA fellowship. He has expertise in IFRS, financial performance evaluation, and governance
The date of the approval by other official authorities	N/A

Element List	Explanation
Appointed Member Name	Mr. Bader Ali Al-Rabiah - Committee Member
Membership Start Date	2025-06-28 Corresponding to 1447-01-03
Brief Resume of the Appointed Member	He has over 20 years of experience in financial management, investment, and business development, having held executive positions at Aramco, the Royal Commission, and subsidiaries of the Public Investment Fund. He currently serves as CEO of a real estate development company and is a member of boards and committees. He holds an Executive MBA, a master’s in project management, and professional certifications in governance and financial management
The date of the approval by other official authorities	N/A

Element List	Explanation
Appointed Member Name	Ms. Yara Dakhil Al-Hajri - Committee Member
Membership Start Date	2025-06-28 Corresponding to 1447-01-03
Brief Resume of the Appointed Member	Holds a bachelor's degree in finance from Prince Mohammad bin Fahd University and has completed professional programs in accounting and auditing, including the SOCPA certification. She currently serves on the audit committee of the Saudi Advanced Industries Company and has extensive knowledge in accounting, financial analysis, and control
The date of the approval by other official authorities	N/A

Element List	Explanation
Appointed Member Name	Mr. Faisal Sultan Al-Subaie - Non-Board Member
Membership Start Date	2025-06-28 Corresponding to 1447-01-03
Brief Resume of the Appointed Member	He has experience in accounting and internal auditing through his work with joint-stock companies such as Nadec, Bawan, and Othaim Markets. He has participated in auditing assignments, financial report analysis, and internal control assessments. He currently serves on the Audit Committee of the Saudi Advanced Industries Company, and has experience in control, compliance, and risk
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	2025-06-28 Corresponding to 1447-01-03