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Introduction	Arabian International Healthcare Holding Company (“Tibbiyah”) announces the non-renewal of the current CEO’s contract, Mr. Christophe Yvon Lala, which by mutual consent between both parties and approved by the Board of Directors on 25 January 2026 and will be effective as of 28 February 2026. Tibbiyah also announces the appointment of Mr. Mohammad Mostafa as a Chief Executive Officer, effective 1 March 2026. The appointment decision was issued by the Board of Directors on 25 January 2026, based on the recommendation of the Nomination and Remuneration Committee. Mohammad’s mandate includes leading and overseeing the transformation of the current business, supporting organic growth initiatives, progressing the evaluation and execution of selective inorganic growth opportunities, and advancing innovation - including digital health and innovative healthcare initiatives - in alignment with the Kingdom of Saudi Arabia’s Vision 2030.

Element List

Explanation

Introduction

Arabian International Healthcare Holding Company (“Tibbiyah”) announces the non-renewal of the current CEO’s contract, Mr. Christophe Yvon Lala, which by mutual consent between both parties and approved by the Board of Directors on 25 January 2026 and will be effective as of 28 February 2026.

Tibbiyah also announces the appointment of Mr. Mohammad Mostafa as a Chief Executive Officer, effective 1 March 2026.

The appointment decision was issued by the Board of Directors on 25 January 2026, based on the recommendation of the Nomination and Remuneration Committee.

Mohammad’s mandate includes leading and overseeing the transformation of the current business, supporting organic growth initiatives, progressing the evaluation and execution of selective inorganic growth opportunities, and advancing innovation - including digital health and innovative healthcare initiatives - in alignment with the Kingdom of Saudi Arabia’s Vision 2030.

Element List	Explanation
Name of the Resigned Person	Christophe Yvon Lala
Resignation Acceptance Date	2026-01-25 Corresponding to 1447-08-06
Resignation Effective Date	2026-02-28 Corresponding to 1447-09-11
Reasons for Resignation	Expiry of appointment term

Element List	Explanation
Appointment Type	Appointment
Name of the Appointed Person	Mohammad Mostafa
Date of Board Resolution	2026-01-25 Corresponding to 1447-08-06
Date Work Commencement	2026-03-01 Corresponding to 1447-09-12
Brief Resume	Mohammad brings more than 28 years of leadership experience in healthcare systems, medical technologies, and digital health transformation across the Middle East, Türkiye, and Africa. Most recently, he served as Vice President, Philips Health Systems, Middle East, Türkiye & Africa, where he led large-scale healthcare transformation programs, public-private partnerships, and nationwide initiatives across key clinical domains. Earlier in his career, Mohammad served as Chief Executive Officer of Philips Healthcare Saudi Arabia, where he played a pivotal role in landmark national initiatives supporting Vision 2030, including enterprise digital health transformation, advanced diagnostics, and integrated care models. He has also held general management and regional leadership roles across Egypt, Africa, and the broader region. Mohammad holds a Bachelor of Science and a Master’s degree in Systems and Biomedical Engineering, as well as a Master of Business Administration (MBA). He has completed multiple executive leadership and strategy development programs and is recognized for combining strategic rigor with ecosystem-driven execution and strong people leadership.

Announcement by Arabian International Healthcare Holding Company regarding the non-renewal of the current CEO's contract and the appointment of a new CEO.