The Yamama Cement Company announces the Board of Directors' recommendation to increase the number of board members
| Element List | Explanation |
|---|---|
| Announcement Detail | Yamama Cement Company announces the Board of Directors' recommendation, issued on January 06, 2025, to amend the company’s bylaws by adding an additional seat to the Board of Directors, bringing the total number of seats to eight. |
This amendment aims to enhance diversity in expertise and skills within the Board, supporting the company’s strategies for growth and expansion in the upcoming phase.
The company affirms its commitment to completing all necessary procedures and obtaining the required approvals from the relevant authorities. The recommendation will be presented at the upcoming General Assembly meeting, the date of which will be announced later.
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