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Jazan Energy and Development Co. Announces Resignation of the CEO

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Introduction Jazan Energy and Development Company announces that the Board of directors accepted on 06-08-2022 the resignation of Chief Executive Officer Miss. Bedor Nasser Al-Rashoudi, due to her personal reasons, her resignation shall be effective as of 01-11-2022. With her continuation as a board member.

The Board of Directors extends its sincere appreciation and gratitude to Miss. Bedor Alrashoudi for her efforts during her tenure as CEO, wishing her continued success.

The company will announce any developments about the appointment or assignment of a new CEO.

Element ListExplanation
Name of the Resigned CEO Miss. Bedor Nasser Al-Rashoudi
Resignation Acceptance Date 2022-08-06 Corresponding to 1444-01-08
Resignation Effective Date 2022-11-01 Corresponding to 1444-04-07
Reasons for Resignation Personal reasons

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.

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