The company is pleased to announce the decisions of the Board of Directors issued on 28/11/1446 AH corresponding to 26/05/2025 AD to appoint the Chairman of the Board, the Vice Chairman of the Board, the Managing Director, the Chief Executive Officer, and the Secretary of the Board, in addition to forming the Audit Committee and appointing the company's representatives to the Capital Market Authority and the Saudi Stock Exchange Company, Tadawul.

The Board of Directors has decided in its first meeting as follows:

1- Appointment of Mr. Mohammed Abdulrahman Mohammed Moumena (Chairman of the Board)

2- Appointment of Mr. Ayman Tarek Saleh Jamal (Vice Chairman of the Board)

3- Appointment of Mr. Eyad Abdullah Suliman Mashat (Managing Director and CEO of the company)

4- Appointment of a Secretary for the Board of Directors

5- Formation of an Audit Committee from the following gentlemen:

A- Name of the appointed member: Mr. Nafez Riad Mohammad Al Morhabi – (Independent member from within the Board) (Chairman of the committee)

- Start date of membership: 26/05/2025

- A brief overview of the curriculum vitae of the appointed member:

Mr. Nafez Riad Al Morhabi has over 25 years of experience in the food industries, retail, and financial consulting sectors. He spent 14 years at Savola Group, where he held several managerial positions in the group in retail, food, and packaging, with his last position being the Chief Executive Officer of Investment in the group. He also held several managerial roles at KPMG in the professional consulting sector in mergers and acquisitions and was the Chief Operating Officer for Saudi Arabia and the Arab Middle East.

Currently, he holds membership in the boards of directors of several listed companies and closed joint-stock companies in the Kingdom.

B- Name of the appointed member: Mr. / Amr Osama Kamel Ibrahim - (Member from outside the council) (Committee member)

- Start date of membership: 26/05/2025

- A brief overview of the curriculum vitae of the appointed member:

Certified Public Accountant CPA from California Board of Accountancy with more than 30 years of Experience in IPO, Finance, Accounting, Audit, Turnaround, Startups, Restructure, Retail, Manufacturing, FMCG, Investment, & Green Field Projects. Previously was CFO/VP Finance in many reputable organizations such as Modern Mills Company, Arabian Cement Company, Basamh Trading & Industrial Group and Savola, in addition to being a BOD member and Audit Committee member in Ready Mix & Concrete Construction Supplies (Listed in Amman Stock Exchange) and Audit Committee Member in Qatrana Cement Company (Closed Stock Exchange company in Jordan).

C - Name of the appointed member: Mr. / Saeed Omar Bahatheq - (Member from outside the council) (Member of the committee)

- Start date of membership: 26/05/2025

- A brief overview of the curriculum vitae of the appointed member:

Entrepreneurial finance professional and a recognized champion in leveraging benchmarked internal systems and

standards to support commercial enterprises undergoing transformation or delivering upon a start-up to scale-up agenda.

Offering core expertise leading sophisticated operations of highly visible Government Commissions and battle-hardened in

complex corporate transformation environments, restructuring teams, defining governance frameworks, harnessing

workflow efficiencies, and trailblazing priorities to ensure a pathway to sustainable and profitable operations. Able to

apply leadership, management, and accounting skills in a diverse range of industry sectors. Fluent in Arabic and English.

6- Appointing the company's representatives to the Capital Market Authority and the Saudi Stock Exchange (Tadawul) with their names as follows:

A- Mr. Mohammed Abdulrahman Mohammed Moumena – (Chairman of the Board)

B- Mr. Mahmoud Mohammad Nasou – (Manager of Support Services Department)