Saudi Advanced Industries Co. Announces Appointment of a Board Member

• Date : 2022-06-13

ELEMENT LIST	EXPLANATION
Introduction	Saudi Advanced Industries Co. announces the Board of Members’ approval of the Nominations and Remuneration Committee’s recommendation to appoint, Mr. Youssef bin Mohammed Al-Qafari (independent member) Board Member to occupy the board’s vacant seat in the board completion of its cycle on 30/05/2025 AD.

ELEMENT LIST	EXPLANATION
Appointed Member Name	Mr. Youssef bin Mohammed Al-Qafari
Membership Type	Independent
Membership Start Date	2022-06-12 Corresponding to 1443-11-13
Brief Resume of the Appointed Member	It is worth noting that Mr. Youssef bin Mohammed Al-Qafari has nearly 30 years of experience in joint stock companies.

ELEMENT LIST	EXPLANATION
Date of Board Meeting in which Appointed New Member(s) were Appointed	2022-06-12 Corresponding to 1443-11-13
Board Approval	Board Approval May not be Deemed Final, this Appointment Shall Be presented at the First General Assembly Meeting for Approval