Alinma REIT Fund announces BOD membership change

Alinma Investment Co. announced a change of the membership of the board of directors of Alinma Retail REIT Fund.

The company added in a statement published on Tadawul the appointment of the below board members:

1- Mazen Bin Fawaz Baghdadi (Chairman and dependent Board Member)

2- Sultan Tawfiq Alkusayer (dependent)

3- Mohammed Saleiman Al Eisa (dependent)

4- Sulaiman Bin Abdullah Alwutaid (Independent)

As of April 4^th 2022, the formation of the board after the change shall be:

1- Mazen Bin Fawaz Baghdadi (Chairman and dependent Board Member)

2- Sultan Tawfiq Alkusayer (dependent)

3- Mohammed Saleiman Al Eisa (dependent)

4- Faisal Mohammed Al Abdulkarim (dependent).

5- Abdullah Sulaiman Al Dahayan (dependent).

6- Sulaiman Bin Abdullah Alwutaid (Independent)

7- Ahmed Abdulaziz Bin Hasan (Independent).

8- Hussam Mohammed Abdulraouf (Independent).

It should be noted that Mr. Hussam Mohammed Abdulraouf (independent board member) has resigned from the board of directors as per the announcement dated 26/08/1443H corresponding to 29/03/2022G. A replacement board member will be appointed as per CMA regulations.