| Element List | Explanation |
|---|---|
| Announcement Detail | With reference to the resolution of Emaar, the Economic City General Assembly issued in its meeting held on 6 April 2023 to approve the formation of the Audit Committee for the term starting from 24 April 2023 until 23 April 2026, the Company hereby announces that on 14 March 2026, the Board of Directors issued a resolution, based on the endorsement of the Nomination and Remuneration Committee, to extend the Audit Committee’s term, following the Board authorities in accordance with the Companies Law and the Company’s Bylaws. |
Based on that, the Audit Committee term originally ending on 23 April 2026 will be extended to align with the Board’s term ending on 25 June 2026.
This extension will also be ratified at the upcoming General Assembly Meeting. A new Audit Committee will be appointed once the new Board assumes office.
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.