| Element List | Explanation |
|---|---|
| Introduction | United Wire Factories Co. (Aslak) announces the decision of the Board of Directors to form the Audit Committee for the current Board term, which commenced on 10 April 2025G, and will last for a period of three years until 09 April 2028G. |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Mr. Mohammed Saleh Alsulaiman – Independent Member |
| Membership Start Date | 2025-04-10 Corresponding to 1446-10-12 |
| Brief Resume of the Appointed Member | He holds a master’s degree in business administration from Middle Tennessee State University, and a bachelor’s degree in accounting from King Saud University. He has the following experience:
• Audit Committee Chairman at Saudi Fintech Company • Audit Committee Chairman in Emkan for Financing • Audit Committee member in Bidaya Finance Company • Audit Committee Mamber in Hospitality United Company • Head of Internal Audit and Secretary of Audit Committee in Tourism Development Fund • Senior Audit Director in Alrajhi Bank • Head of Internal Audit in King Faisal Foundation • General Manager (Head) of Internal Audit Division, Secretary of Audit Committee (Acting) and Financial & Operational Audit Manager in Bank Albilad • Head of Financial Books and Ledgers Unit in Saudi Industrial Development Fund |
| The date of the approval by other official authorities | Not applicable |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Mr. Abdullah Saud Alarifi – Independent Member |
| Membership Start Date | 2025-04-10 Corresponding to 1446-10-12 |
| Brief Resume of the Appointed Member | He holds a master’s degree in business administration from King Saud University, and a bachelor’s degree in industrial management from King Fahd University of Petroleum and Minerals. He has the following experience:
• Member of the Audit Committee in the Human Resources Development Fund (Target). • Member of the Audit and Risk Committee in the International Water and Energy Works Company. • Member of the Audit Committee in the Endowments of Abdulaziz Al-Rajhi Sons Charitable Endowment. • Member of the Audit Committee at Mawten Real Estate Company. • Vice Chairman of the Supervisory Board of the Financial Sustainability Fund. • Department of Loan Coordination and Services at the Saudi Industrial Development Fund. • Credit Department of the Saudi Industrial Development Fund. • Projects Department of the Saudi Industrial Development Fund. |
| The date of the approval by other official authorities | Not applicable |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Mr. Yousef Abdullah Almotlaq – Independent Member |
| Membership Start Date | 2025-04-10 Corresponding to 1446-10-12 |
| Brief Resume of the Appointed Member | He holds a master’s degree in business administration from King Saud University, a bachelor’s degree in mechanical engineering from the same university, and a diploma in industrial management. He has the following experience:
• CEO and Co-Founder of Qudra Energy Company. • CEO of Rezayat Group. • CEO of Al-Essa Industries Company. • Chairman of the Board of Directors of Hunter Arabia Company. • President of the Company (CMC). • Member of the Board of Directors of Al-Jazirah Electrical Appliances Company. • Managing Director of Tamkeen Company. • Member of the Board of Directors of ACWA Power. |
| The date of the approval by other official authorities | Not applicable |
| Element List | Explanation |
|---|---|
| Date of Board Meeting in which Appointed New Member(s) were Appointed | 2025-04-13 Corresponding to 1446-10-15 |
