Fitness Time BOD Announced Appointment of Chairman, Vice-Chairman

Leejam Sports Company (Fitness Time) announced that its Board of Directors, elected during the Ordinary General Assembly held on Thursday October 14, 2021, for the new Board term starting from December 10, 2021, for a period of three years ending on December 09, 2024, has issued on December 11, 2021 (by circulation) the following resolutions:

First: Appointment of Mr. Ali bin Hamad Al-Sagri as Chairman of the Board of Directors

Second: Appointment of Mr. Hamad bin Ali Al-Sagri as Vice Chairman and Managing Director

Third: Formation of the Remuneration and Nomination Committee from the following members:

1. Mishal bin Ibrahim Al-Mishari – Chairman
2. Ali bin Hamad Al-Sagri – Member
3. Hessah bint Hamad Al-Sagri – Member

Fourth: Forming an Executive Committee from the following members:

1. Ali bin Hamad Al-Sagri – Chairman
2. Tareq bin Khaled Al-Anqari – Member
3. Mishal bin Ibrahim Al-Mishari – Member

It is worth noting that the formation of the Audit Committee for the new term has approved by the Ordinary General Assembly held on Thursday, October 14, 2021, as follows:

1. Mohammed Faraj Al-Kinani – Chairman
2. Abdulaziz Abdullah Alhidery – Member
3. Wisam Hussain M Alfreihi – Member

A secretary to the Board of Directors as well as company representatives before the Capital Market Authority and the Saudi Stock Exchange Company (Tadawul) were also appointed.