| Element List | Explanation |
|---|---|
| Introduction | The Knowledge Economic City the “Company” announces the resignation of Dr. Walid Mohammed Alissaa, Non-Executive Board Member, from the Board of Directors of the Company due to his new appointment as a Board Member of the Saudi Capital Market – CMA per the royal decree dated 27 Feb 2023. |
The Company Chairman and Board Members expressed their sincere thanks and appreciation to Dr. Walid Alissa for his valuable contribution and efforts he exerted to support and serve the Company objectives during his membership tenure and wished him all success in his new role.
| Element List | Explanation |
|---|---|
| Resigned Member Name | Dr. Walid Mohammed Alissa |
| Membership Type | Non- Executive |
| Resignation Submission Date | 2023-02-27 Corresponding to 1444-08-07 |
| Resignation Acceptance Date | 2023-02-28 Corresponding to 1444-08-08 |
| Resignation Effective Date | 2023-02-27 Corresponding to 1444-08-07 |
| Membership Starting Date for the Resigned Member | 2021-07-28 Corresponding to 1442-12-18 |
| Reasons of Resignation | His appointment as a board member of the Saudi Capital Market Authority – CMA according to the Royal Decree dated 27 Feb 2023. |
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.