Takween Advanced Industries Announces the Resignation of Mr. Majed Nofal as Chief Executive Officer and the Appointment of Mr. Marwan Jreige as Acting Chief Executive Officer of the Company

Element List	Explanation
Introduction	Takween Advanced Industries announces that its Board of Directors approved, on 14/06/2026, the resignation submitted by Mr. Majed Nofal from his position as Chief Executive Officer of the Company, effective 30/06/2026. The Board also approved the appointment of Mr. Marwan Jreige as Acting Chief Executive Officer (Acting CEO) effective 01/07/2026.

Element List	Explanation
Name of the Resigned Person	Majed Nofal
Resignation Acceptance Date	2026-06-14 Corresponding to 1447-12-28
Resignation Effective Date	2026-06-30 Corresponding to 1448-01-15
Reasons for Resignation	At his personal request.

Element List	Explanation
Appointment Type	Appointment
Name of the Appointed Person	Marwan Jreige
Date of Board Resolution	2026-06-14 Corresponding to 1447-12-28
Date Work Commencement	2026-07-01 Corresponding to 1448-01-16
Brief Resume	Mr. Marwan Jreige possesses extensive executive experience in financial management and industrial operations across the packaging, manufacturing, and food industries in the Middle East region. He holds a Bachelor's degree in Business Administration, a Master of Business Administration (MBA) from the University of Kaslik , and a Master of Science in Finance from ESA Business School and SDA Bocconi School of Management (2024). He currently serves as the General Manager of Saudi Plastic Packaging Systems Company (SPPS), a position he has held since 2023. Previously, he occupied several senior leadership and finance positions within regional companies operating in the industrial, packaging, and food sectors. Mr. Jreige has also held various executive positions within Takween Advanced Industries, including Chief Executive Officer, Chief Financial Officer, and Chief Executive Officer of operating business units.