3002 · 31/08/2025 08:53:20 · Announcement #89905 · View on Saudi Exchange

Najran Cement Company announces the acceptance of the CEO's request to terminate the contractual relationship by mutual consent

Element ListExplanation
Introduction Najran Cement Company announces the decision of its Board of Directors, dated 07-03-1447 AH (corresponding to 30-08-2025 AD), to accept the request of Chief Executive Officer Mr. Abdulsalam bin Abdullah bin Abdulaziz Aldraibi to terminate his contractual relationship as CEO of the company by mutual consent, effective 30-09-2025 AD, due to his personal circumstances. The Board of Directors expresses its sincere thanks and appreciation to Mr. Abdulsalam bin Abdullah Aldraibi for his effective role and fruitful efforts in improving the company's performance since his appointment as CEO in April 2018, and wishes him continued success.

The company will announce any developments in the event of the appointment or assignment of a new CEO to the company in due course.

Element ListExplanation
Name of the Resigned Person Mr. Abdulsalam bin Abdullah bin Abdulaziz Aldraibi
Resignation Acceptance Date 2025-08-30 Corresponding to 1447-03-07
Resignation Effective Date 2025-09-30 Corresponding to 1447-04-08
Reasons for Resignation Due to his personal circumstances

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