Bawan Co. — Board/Management Information 2025

Oct 1, 2025

Bawan Company announcement regarding the appointment of the Chairman of the Board of Directors, the Vice Chairman, and the formation of the Board of Directors Committees, and the appointment of the Board Secretary

1302 · 01/10/2025 09:35:13 · Announcement #90462 · View on Saudi Exchange

Bawan Company announcement regarding the appointment of the Chairman of the Board of Directors, the Vice Chairman, and the formation of the Board of Directors Committees, and the appointment of the Board Secretary

Element List	Explanation
Announcement Detail	With reference to the results of the Ordinary General Assembly meeting held on Sunday, 29/03/1447H (corresponding to 21/09/2025), which included the election of the Board of Directors for the new term which started on 26/09/2025 and lasting four years until 25/09/2029.

Bawan Company announces the Board of Directors’ decision dated 08/04/1447H (corresponding to 30/09/2025) regarding the appointment of the Chairman of the Board of Directors, Vice Chairman, the formation of Board of Directors Committees, and the appointment of the Board Secretary, as follows:

First: Appointment of Mr. Fozan Mohammed Al-Fozan (Non-Executive Member) as Chairman of the Board of Directors.

Second: Appointment of Mr. Raed Ibrahim Al-Mudaiheem (Non-Executive Member) as Vice Chairman of the Board of Directors.

Third: Formation of the Board of Directors Committees:

(1) Nomination and Remuneration Committee:

1. Mr. Khalid Abdulrahman Al-Gwaiz (Independent Member) – Committee Chairman.

2. Mr. Fozan Mohammed Al-Fozan (Non-Executive Member) – Committee Member.

3. Mr. Mohammed Abdulaziz Al-Ageel (Independent Member) – Committee Member.

(2) Executive Committee:

1. Mr. Fozan Mohammed Al-Fozan (Non-Executive Member) – Committee Chairman.

2. Mr. Raed Ibrahim Al- Mudaiheem (Non-Executive Member) – Committee Member.

3. Mr. Adel Omar Merheb (Independent – from outside the Board) – Committee Member.

(3) Sustainability Committee:

1. Mr. Abdulkarim Ibrahim Al-Nafie (Independent Member) – Committee Chairman.

2. Mr. Fozan Mohammed Al-Fozan (Non-Executive Member) – Committee Member.

3. Mr. Ziyad Abdulatif Al-Barak (Executive) – Committee Member.

4. Mr. Abdulhadi Samir Zafar (Executive) – Committee Member.

- The Committees will begin their duties at 30/09/2025 and conclude at the end of the Board of Directors term.

- The formation of the Audit Committee will be announced in a separate announcement.

Fourth: Appointment of the Board of Directors Secretary:

Mr. Abdulhadi Samir Zafar has been appointed as 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.