BAAN Holding Group Co. — Board/Management Information 2021

Apr 20, 2021

Abdul Mohsen Al-Hokair Group for Tourism and Development announced the appointment of the Chairman and Deputy Chairman of the Board of Directors, the appointment of a Managing Director, the formation of committees, the appointment of the company's representatives to the Saudi Financial Market and Financial Market Authority (Tadawul), and the appointment of a Secretary to the Board of Directors

1820 · 20/04/2021 09:43:55 · Announcement #62899 · View on Saudi Exchange

Abdul Mohsen Al-Hokair Group for Tourism and Development announced the appointment of the Chairman and Deputy Chairman of the Board of Directors, the appointment of a Managing Director, the formation of committees, the appointment of the company's representatives to the Saudi Financial Market and Financial Market Authority (Tadawul), and the appointment of a Secretary to the Board of Directors

Element List	Explanation
Announcement Detail	Referring to the results of the General Assembly (first meeting) of the company, which was announced in (Tadawul) on April 19, 2021, which includes the approval of the election of the Board of Directors for the new session, which begins on April 19, 2021 and ends on April 18, 2024 for a period of three years.

The Board of Directors of Abdul Mohsen Al-Hokair Tourism and Development Group is pleased to announce the decision of its Board of Directors at its first meeting on 19 August 2021, in accordance with the following:

First: The appointment of Mr. Majid bin Abdul Mohsen Al-Hokair -(non-executive) chairman of the Board of Directors

Second: The appointment of Mr. Amr bin Abdulaziz Al Jalal -(Non-Executive) Vice Chairman of the Board of Directors

Third: The appointment of Mr. Sami

Bin Abdul Mohsen Al-Hokair -(non-executive) - managing director

Fourth: Formation the Executive Committee from:

1- Mr. Sami Bin Abdul Mohsen Al-Hokair (Non-Executive) Chairman of the Committee

2- Mr. Faisal bin Muhammad Shaker (Independent)

3- Mr. Raed bin Abdulaziz Abu Zenada (Independent)

4- Mr. Mishaal bin Abdul Mohsen Al-Hokair (from outside the board)

5- Mr. Khaled Aneeb (Independent)

Fifth: Forming the nomination and remuneration committee of the gentlemen

1- Mr. Faisal bin Muhammad Al-Malik (from outside the board) Chairman of the Committee

2- Mr. Faisal bin Muhammad Shaker (Independent)

3- Mr. Iyad bin Abdulrahman Al-Bunyan (Independent)

It should be noted that the appointment of the audit committee was approved in accordance with the results of the Ordinary General Assembly, which was held on 4/18/2021

In addition, representatives of the company have been appointed for all purposes related to the application of laws and regulations at both the Capital Market Authority and the Saudi Stock Exchange (Tadawul) in addition to the appointment of a Secretary of the Board of Directors.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.