Makkah Construction and Development Appoints Muhammad Al-Nafeh as Chairman of the Audit Committee

Makkah Construction and Development Company announced on Thursday the appointment of chairmen of the committees emanating from the company’s board of directors, and the formation of the committees became as follows:

First: The formation of the audit committee in accordance with the minutes of the committee No. (164) dated 12/07/2023, from the following gentlemen:

– Mr. Muhammad Abdul-Karim Muhammad Al-Nafeh (Independent) – Chairman

– Mr. Ibrahim Abdullah Ibrahim Al-Subaie (non-executive) – Member

– Mr. Osama Omar Saeed Barian (from outside the council) – Member

Second: The formation of the Executive Committee in accordance with the minutes of the committee No. (1) dated 12/07/2023, from the following gentlemen:

– Mr. Saleh Muhammad Awad bin Laden (non-executive) – Chairman

– Mr. Samer Muhammad Ishaq Al-Khawashki (non-executive) – Member

– Mr. Ghassan Yasser Ahmed Shalabi (Independent) – Member

– Mr. Ziyad Bassam Muhammad Al-Bassam (non-executive) – Member

– Mr. Turki Ibrahim Abdul Rahman Al Quneibit (Independent) – Member

Third: Formation of the Social Responsibility Committee according to the minutes of the committee No. (1) dated 12/07/2023, from the following gentlemen:

– Mr. Hamza Muhammad Salih Hamza Serafi (non-executive) – Chairman

– Mr. Ghassan Yasser Ahmed Shalaby (Independent) – Member

– M/ Hisham Bakr Hussein Mufti (Independent) – Member

Fourth: The formation of the Remuneration and Nominations Committee, after the Board’s decision to add a chairperson to the committee, which was announced on 10/07/2023, from the following gentlemen:

– Mr. Ghassan Yasser Ahmed Shalaby (Independent) – Chairman

– Dr. Abdul Raouf Muhammad Abdullah Manna (non-executive), member

– Dr. Ziyad Othman Ibrahim Al-Hogail (non-executive), member

– Dr. Fahd Musa Abdullah Al-Zahrani (from outside the council), member

This comes reference to the company’s announcement on Tadawul’s website on 18/06/2023 regarding the appointment of key positions in the company and the formation of committees emanating from the Board, and the company’s announcement on 10/07/2023.