SARCO Reappoints Chairman, Vice-Chairman, Re-forms BOD committees

The members of the Board of Directors meet on Thursday 02/07/1443 AH corresponding to 03/02/2022 AD and deliberated over the re-formation of the members of the Board and its affiliated committees. The decisions were signed on Thursday 02/07/1443 AH corresponding to 03/02/2022 AD according to the following:

First: Re-elect the Chairman and Vice-Chairman as follows: –

1- The appointment of Eng. Aiad Mohammad Mesheikh (independent) as Chairman of the Board Directors

2- Appointing Eng. Hattan Hamed Al-Shanbari (Non-Executive) as Vice Chairman of the Board of Directors.

Second: Re-formation of the Nominations and Remunerations Committee for the current session, which ends on 30/04/2024.

Third: Re-formation of the Investment Committee for the current session, which ends on 30/04/2024.

Fourth: Re-formation of the Social Responsibility Committee for the current session, which ends on 30/04/2024.

Fifth: The company’s representatives at the Capital Market Authority and the Saudi Stock Exchange Company (Tadawul) have been reappointed for all purposes related to the application of the Capital Market Law and its Implementing Regulations.