| Element List | Explanation |
|---|---|
| Announcement Detail | Reference to the results of the Extraordinary General Assembly Meeting 06 Jumada Al-Awwal 1447H corresponding to 28 October 2025G, where the Board members were elected for a new term from October 31, 2025G and lasts for three years, ending on October 30, 2028G |
Whereas, the elected Board of Directors resolved during its meeting of 06 Jumada Al-Awwal 1447H corresponding to 28 October 2025G, the selection and nomination of the Board Chairman and Vice Chairman for the next session subject to receiving SAMA’s prior no objection.
Whereas, SAMA’s No Objection has been received on 14 Jumada Al-Awwal 1447H corresponding to 05 November 2025G, the Bank announces the following:
1. Appointment of Eng. Abdullah Mohammed Al-Issa - the Chairman of the Board.
2. Appointment of Eng. Mutaz Kusai Al-Azzawi - the Vice Chairman of the Board.
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.