With reference to the results of Fitaihi Holding Group’s General Assembly Meeting held on 17-03-2025, which included the election of Members of the Board of Directors from among the candidates for its new term of three Gregorian years, starting from 22-04-2025, and ending on 21-04-2028, the new Board of Directors of Fitaihi Holding Group is pleased to announce the resolutions taken during its first meeting for the year 2025, held on 22-04-2025, related to the restructuring of the Board of Directors and its Committees during the new term, as follows:

First: Appoint SHK. Ahmed Hassan Ahmed Fitaihi (Non-Executive) as Chairman of the Board of Directors.

Second: Appoint Dr. Ibrahim Hassan Mohammed Al-Madhoun (Non-Executive) as Vice-Chairman of the Board of Directors.

Third: Reform the Audit Committee as follows:
– Dr. Adnan Abdulfattah Mohammed Soufi (Independent) – Chairman of the Committee
– Dr. Ibrahim Hassan Mohammed Al-Madhoun (Non-Executive) – Member
– Dr. Ibrahim Mohammed Omar Badawood (Independent) – Member

Fourth: Reform the Nominations and Remunerations Committee as follows:
– Dr. Suhail Hassan Abdulmalik Qadi (Independent) – Chairman of the Committee
– Dr. Ibrahim Hassan Mohammed Al-Madhoun (Non-Executive) – Member
– Mrs. Bayan Adel Mohammed Fakieh – (Non-Executive) – Member

Fifth: Reform the Risk Management Committee as follows:
– Dr. Ibrahim Hassan Mohammed Al-Madhoun (Non-Executive) – Chairman of the Committee
– Dr. Adnan Abdulfattah Mohammed Soufi (Independent) – Member
– Dr. Suhail Hassan Abdulmalik Qadi (Independent) – Member

Sixth: Reform the Investment Committee as follows:
– SHK. Ahmed H. Ahmed Fitaihi – (Non-Executive) – Chairman of the Committee
– Dr. Ibrahim Hassan Mohammed Al-Madhoun (Non-Executive) – Member
– Mr. Omar Riyadh Mohammed Al-Humaidan (Non-Executive) – Member

Seventh: Appoint the Vice-Chairman Dr. Ibrahim Hassan Al-Madhoun, and the Chief Executive Officer Mr. Yasser Yehia Abdulhamid as the Company’s representatives to the Capital Market Authority, and Tadawul for all purposes related to the application of the Capital Market Law and implementing regulations, as well as appoint the Secretary of the Board of Directors and Committees, Mr. Reda Ibrahim Toubar.