Saudi Ceramics BOD Appoints Youssef Aba Al-Khail as Chairman

Saudi Ceramic Company announced on Monday the Board of Directors’ decision in its meeting held on 03.04.2022, regarding the appointment of the Chairman of the Board of Directors and the Vice-chairman, the formation of committees, and the appointment of the Company’s representative to the Capital Market Authority and the Saudi Stock Exchange (Tadawul), as follows:

First: Appointment of Mr. Mr. Yousuf bin Saleh Aba Al-Khail as Chairman of the Board of Directors.

Second: Appointment of Mr. AbdulAziz Abdulkarim Al-Akhuraiji as Vice-Chairman of the Board of Directors.

Third: Formation of the Executive Committee from the following members:

1. Yousuf bin Saleh Aba Al-Khail. (Chairman of the Committee).
2. Sami bin Ibrahim Al Issa.
3. Mutaib bin Mohammed Al-Shathri.
4. Majed Abdullah Al Issa.

Fourth: Formation of the Remuneration and Nominations Committee from the following members:

1. AbdulAziz Abdulkarim Al-Akhuraiji (Chairman of the Committee)
2. Asim Saad Al-Juraid
3. Muhammed Abdulmohsin Al-Qurainees

Fifth: Appointment of the Company’s representatives to the Capital Market Authority and to the Stock Exchange (Tadawul) for all purposes related to the implementation of the laws and regulations of the Capital Market Authority and the Saudi Stock Exchange (Tadawul).

The formation of the Audit Committee for the new board session which starts from 01.04.2022 until 31.03.2025 was approved during the Ordinary General Assembly meeting that was held by means of modern technology on Wednesday, 16.03.2022. It was also included in the results announcement of General Assembly meeting on Tadawul website on 17.03.2022.

This comes with reference to the results of the ordinary general assembly meeting of Saudi Ceramic Company held on Wednesday, 16.03.2022, in which the members of the Company’s Board of Directors were elected for its new term, starting from 01.04.2022 for a period of three years.