United Wire Factories Co. announces its board of directors’ decision to appoint the board’s chairman and vice-chairman and to form committees

First: Appointing Khaled Saad Al-Kanhal as Chairman of the Board of Directors

Second: Appointing Rasheed Rashid bin Awain as Vice Chairman of the Board of Directors

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

1- Khaled Saad Al-Kanhal

2- Abdullah Saad Al-Dosari

3- Youssef Abdullah Al-Mutlaq

4- Nabil Hassan Al-Amir

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

1- Rashid Rashid bin Awain

2- Khaled Saad Al-Kanhal

3- Turki Muhammad Al-Qarini

Fifth: Appointing Nabil Hassan Al-Amir, Secretary of the Board of Directors, as well as appointing representatives of the company to the Capital Market Authority and to the Saudi Stock Exchange Company (Tadawul)

It is also worth noting that the formation of the Audit Committee was approved during the Ordinary General Assembly meeting from the following members:

1- Khaled Mohammed Al-Khoyatter

2- Youssef Abdullah Al-Mutlaq

3- Abdullah Saud Al-Arefi

These decisions shall take effect from the beginning of the new session on 09/09/1443 AH corresponding to 10/04/2022 AD and for a period of three years.