| Element List | Explanation |
|---|---|
| Announcement Detail | Morabaha Marina Financing Co. announces the issuance of a Board of Directors’ resolution dated 07/01/2026, which includes the appointment of the Chairman of the Board of Directors and the Vice Chairman for the current Board term that commenced on 27/06/2025 for a period of three (3) Gregorian years ending on 26/06/2028. |
Following the receipt of the Saudi Central Bank’s no-objection dated 03/02/2026, the Company announces the resolution to appoint the Chairman of the Board of Directors and the Vice Chairman as follows:
First: Mr. Salman bin Mohammed Al-Asmari – Chairman of the Board (Non-Executive Director).
Second: Mr. Naif bin Talal Al-Maiman – Vice Chairman of the Board (Non-Executive Director).
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.