1. Mr. Ibrahim Mohammed Al-Eissa (chairman of the board).

2. Eng. Anas Mohammed Salih Saerafi (vice-chairman of the board).

3. Dr. Badr Hammoud Al-Badr (board member).

4. Mr. Eid Faleh Al Shamri (board member).

5. Mr. Ghassan Yasser Shalabi (board member).

6. Mr. Feras Salah-Adin Al-Qurashi (board member).

7. Eng. Mohammed Abdulmohsen Al-Qurainis (board member).

8. Eng. Muhannad Qusai Al-Azzawi (board member).

There was one board member that was absent: Mr. Basil bin Mohammad bin Saad bin Jabr (Board member).

2. Eng. Mohammed Abdulmohsen Al-Qurainis (chairman of the audit committee).

3. Mr. Ghassan Yasser Shalabi (chairman of the investment committee).

4. Eng. Muhannad Qusai Al-Azzawi (chairman of the projects committee).

a) the provisions of the Implementation Agreement.

b) the increase of Taiba’s capital from (SAR 1,604,574,830) to (SAR 2,604,574,830), for the purpose of acquiring all of Dur’s shares, being (100,000,000) shares, according to the terms and conditions of the Implementation Agreement, and this increase shall be effective upon the approval of Taiba and Dur’s Transaction’s EGMs (“Completion”) as per the Companies Law and the Implementation Agreement.

c) the amendment of Article (5) of the bylaws, which relates to the head office, relating to the Transaction, provided it becomes effective as of Completion.

d) the amendment of Article (7) of the bylaws, which relates to capital, relating to the Transaction, provided it becomes effective as of Completion.

e) the authorization to Taiba’s board of directors, or any person authorized by the board of directors, to adopt any resolution or take any action as may be necessary to implement any of the above resolutions.

2- Approve amending the Company’s bylaws in accordance with the new Companies Laws.

3- Approve amending Taiba’s Remuneration Policy for Board Members, Board Committee Members and Executive Management.

The Company will announce the finalization of other complementary steps, mainly the deposit of the new shares to Dur’s entitled shareholders and their listing.

The Completion has resulted in Taiba’s capital increase through the issuance of new shares to Dur’s entitled shareholders, according to the following:

1- Taiba’s share capital increase from (SAR 1,604,574,830) to (SAR 2,604,574,830), and its shares’ increase from (160,457,483) shares to (260,457,483) shares, representing (62.32%) increase in previous capital.

2- The reason of the increase is to acquire all of Dur’s shares.

3- The issuance of (1) one new share for each share in Dur, as set out in the Shareholders’ Circular issued by Taiba.

4- Eligibility will be to Dur’s shareholders who are registered in Dur’s shareholders’ register at the end of the second trading period following the date of Completion.

For further information about the capital increase and the Transaction and its terms and conditions as well as other matters related to it, please refer to the Shareholders’ Circular published by Taiba.