Based on the Board of Directors' resolution to approve the formation of the Audit Committee on July 09, 2025, and the Insurance Authority's non-objection dated July 29, 2025, the company would like to clarify the details of the Audit Committee members as follows:

1. Mr. Ossama Ahmed Banaja (Committee Chairman).

Start of membership: 01, July 2025

Brief overview: Holds a Master’s degree in Business Administration from New York University, USA, obtained in 2010, and a Bachelor's degree in Economics from Boston University, USA, earned in 2004. He currently serves as the Chief Investment Officer at SEDCO Holding. Mr. Banaja is a member of the boards and committees of several local companies and has previously held board and committee positions in other local firms.

2. Mr. Khalil Ibrahim Al-Furaih (Committee Member).

Start of membership: 01, July 2025

Brief overview: A seasoned executive leader with over 20 years of experience in governance, finance, and strategic planning. He has held key leadership roles at major institutions including Dhahran Techno Valley Holding Company, Aramco, and the Global Maritime Fund (GMF). Currently serving as Chairman of the Bid Evaluation Committee and board/audit committee member across several entities. He holds distinguished academic and professional qualifications from globally recognized institutions such as London Business School, IMD Switzerland, and Esade/Misk, with specializations in board governance, financial leadership, and strategic readiness.

3. Mr. Younis Saeed Batook (Committee Member).

Start of membership: 01, July 2025

Brief overview: A global finance and strategy executive with over 15 years of international experience across the energy, insurance, and public service sectors. He has held senior leadership roles at ABB across the U.S., Europe, and Asia, as well as CFO and board-level positions in Saudi Arabia. Younis has a proven track record in financial control, strategic planning, and corporate governance transformation.

4. Mr. Abdullah Yousef Al-Ghamdi (Committee Member).

Start of membership: 01, July 2025

Brief overview: An accomplished investment executive with extensive experience in venture capital and financial markets. He currently serves as Deputy CEO and CIO at the Saudi Venture Capital Company (SVC), where he has also held roles including Chief Investment Officer and Executive Director of Investment. His career spans key leadership roles at Monsha’at and Ernst & Young, with a strong track record in fund development, equity investments, and startup ecosystem growth.