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| Announcement Detail | Acwa Co. announces the Board of Directors’ resolution issued at its meeting held on Wednesday, 8 April 2026, corresponding to 20 Shawwal 1447H, approving the resignation of Mr. Raad bin Omar Al-Saadi from his position as Vice Chairman of the Board of Directors, while retaining his membership on the Board as an executive director (Managing Director). |
The Board also approved the appointment of Mr. Yazeed bin Abdulrahman Al-Humaid as Vice Chairman of the Board of Directors until the end of the current Board term.
The changes shall take effect as of the date of this resolution
The Board of Directors extends its sincere appreciation to Mr. Raad Al-Saadi for his efforts during his tenure as Vice Chairman and wishes him and Mr. Yazeed Al Humaid continued success in their role.
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.