| Element List | Explanation |
|---|---|
| Announcement Detail | Referring to the results of the company's 33rd ordinary general assembly meeting, that was announced in (Tadawul) on March 22, 2021, which includes an approval to the election of the board of directors for the new session that begins on 11/04/2021 and ends on 10/04/2024 for three years. |
The National Agricultural Development Company (Nadec) Board of Directors are pleased to announce its decisions in its first meeting which was held on 30/08/1442 corresponding to 12/04/2021 according to the following:
First: Appointing Mr. Abdulaziz Saleh Alrebdi – (Non-executive) as the Chairman of the Board of Directors.
Second: Appointing Mr. Abdulateef Abdullah Alrajhi (Non-executive) as the Vice Chairman of the Board of Directors.
Third: Formation of the Executive committee from the following:
1- Mr. Abdulaziz Saleh Alrebdi –(Non-executive) – Chairman of the Committee.
2- Dr. Solaiman Abdulaziz Altwaijri (Independent)
3- Mr. Amr Abdulaziz Aljallal (Independent)
4- Mr. Steen Flemming Hadsbjerg (CEO)
Fourthly: Formation of the Remuneration and Nomination Committee from the following:
1-Mr. Amr Abdulaziz Aljallal (Independent) - Chairman of the Committee.
2-Mr. Saleh Hasan Alafaleq. –(Non-executive)
3-Dr. Solaiman Abdulaziz Altwaijri (Independent)
Fifthly: Formation of the Investment Committee from the following:
1- Mr. Bader Abdulrahman Alsayari –(Non-executive) - Chairman of the Committee.
2- Mr. Abdulateef Abdullah Alrajhi –(Non-executive)
3- Mr. Omar Hamad Almadhi (Independent)
It should be noted that the appointment of the Audit Committee was approved in accordance with the results of the Ordinary General Assembly meeting that was held on March 21, 2021
In addition to that, the representatives of the company have been appointed to the Capital Market Authority (CMA), the Saudi Stock Exchange Company (Tadawul) and Securities Depository Center Company (“Edaa”) for all purposes related to the application of the Capital Market Law and implementing its regulations. As well as appointing the board secretary.
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.