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Saudi Arabian Cooperative Insurance Company (SAICO) Announces Resignation of a Member of the Board of Directors

Element ListExplanation
Introduction Saudi Arabian Cooperative Insurance Company (SAICO) Announces that on March 04, 2021 the Board of Directors approved by circulation the resignation of the member of the Board of Directors Mr. Khalid Saleh Al-Khattaf from the membership of the Board of Directors and the committees emanating from it on March 03, 2021, because of his other work obligations, the resignation is effective on March 04, 2021. The Membership of Mr. Al-Khattaf started in the beginning of the current session on June 25, 2019.

The BoD would like to thank Mr. Al-Khattaf for his efforts and wishing him all the best.

Element ListExplanation
Resigned Member Name Khalid Saleh Al-Khattaf
Membership Type Independent
Resignation Submission Date 2021-03-03 Corresponding to 1442-07-19
Resignation Acceptance Date 2021-03-04 Corresponding to 1442-07-20
Resignation Effective Date 2021-03-04 Corresponding to 1442-07-20
Membership Starting Date for the Resigned Member 2019-06-25 Corresponding to 1440-10-22
Reasons of Resignation his other work obligations

The Capital Market Authority and the Saudi Stock 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.

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