8160 · 30/10/2025 08:06:59 · Announcement #91050 · View on Saudi Exchange

Arabia Insurance Cooperative Company announces receipt of a letter from the Insurance Authority regarding the suspension of a member of the company’s Board of Directors and a member of both the Risk and Investment Committees.

Element ListExplanation
Announcement Detail Arabia Insurance Cooperative Company announces that on 29/10/2025, it received a letter from the Insurance Authority stating the issuance of a decision to suspend Mr. Hatim Ali Barjash, a member of the Board of Directors and a member of the Risk and Investment Committees, from his duties effective from the date the Company was notified of the decision.

The Company confirms its adherence to the contents of the letter and will implement it in compliance with the relevant laws and regulations.

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.