| Element List | Explanation |
|---|---|
| Announcement Detail | With reference to the results of the Ordinary General Assembly Meeting of Ayyan Investment Company, held on Tuesday, 29-11-1446 H (corresponding to 27-05-2025 G), which included the election of Members of the Board of Directors for a three-year term commencing on 01-07-2025 G, ending on 30-06-2028 G. |
Ayyan Investment Company announces the decision of its Board of Directors, dated 01-07-2025 G for its new term regarding the appointment of the Chairman, Vice Chairman, and Secretary of the Board, and the formation of Committees. This decision is effective from 01-07-2025 G, as follows:
First: Appointment of Mr. Faisal bin Abdullah bin Mohammed Al-Qahtani (non-executive member) as Chairman of the Board of Directors.
Second: Appointment of Mr. Abdulaziz bin Majed bin Abdullah Al-Kassabi (independent member) as Vice Chairman of the Board of Directors.
Third: Forming the Remuneration and Nominations Committee from the following members:
1. Mr. Abdulaziz bin Majed bin Abdullah Al-Kassabi (Independent Board Member) as Chairman.
2. Mr. Faisal bin Abdullah bin Mohammed Al-Qahtani (Non-Executive Board Member) as Member.
3. Mr. Abdulaziz bin Abdulrahman bin Abdullah Al-Shaikh (Independent Board Member) as Member.
Fourth: Forming the Investment and Follow-up Committee from the following members:
1. Mr. Faisal bin Abdullah bin Mohammed Al-Qahtani (Non-Executive Board Member) as Chairman.
2. Mr. Ayham bin Mohammed bin Abdullah Al-Yousef (Independent Board Member) as Member.
3. Mr. Khalid bin Abdullah bin Abdulrahman Al-Furaih (Independent Board Member) as Member.
Fifth: Appointing the Company’s Representatives to the Capital Market Authority, the Saudi Stock Exchange (Tadawul), and the Securities Depository Center Company (Edaa) for all purposes related to the implementation of the Capital Market Law and its executive regulations. The Secretary of the Board was also appointed for the new session.
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.