Development Works Food Co. — Board/Management Information 2021

Dec 19, 2021

Development Works Food Co. Announces Resignation and Appointment of a Board Member

6013 · 19/12/2021 15:31:42 · Announcement #66000 · View on Saudi Exchange

Development Works Food Co. Announces Resignation and Appointment of a Board Member

Element List

Explanation

Introduction

Development Works Food Co announces the decision of the Board of Directors to pass by accepting the resignation of Mr. Abdul Rahman bin Nasser Al-Asmari from the position of (Member of the Board of Directors Development Works Food Co) at his request for his special circumstances, and the Board of Directors, based on the recommendation of the Remuneration and Nomination Committee, approved the appointment of Mr. Abdul Allah bin Khaled Al-Fadhli is an (independent) member of the Board of Directors of Development Works Food Co until the end of the current session of the Board and presented it to the General Assembly for approval.

The Chairman and members of the Board of Directors and all employees of the company thank Mr. Abdul Rahman bin Nasser Al-Asmari for his efforts during his tenure in the Board, wishing him continued success.

Element List	Explanation
Resigned Member Name	Abdul Rahman bin Nasser Al Asmari
Membership Type	Independent
Resignation Submission Date	2021-12-12 Corresponding to 1443-05-08
Resignation Acceptance Date	2021-12-19 Corresponding to 1443-05-15
Resignation Effective Date	2021-12-20 Corresponding to 1443-05-16
Membership Starting Date for the Resigned Member	2021-10-30 Corresponding to 1443-03-24
Reasons of Resignation	private

Element List	Explanation
Appointed Member Name	Abdullah bin Khaled Al-Fadhli
Membership Type	Independent
Membership Start Date	2021-12-21 Corresponding to 1443-05-17
Brief Resume of the Appointed Member	Bachelor's degree in Social Service

Element List	Explanation
Date of Board Meeting in which Appointed New Member(s) were Appointed	2021-12-19 Corresponding to 1443-05-15
Board Approval	Board Approval May not be Deemed Final, this Appointment Shall Be Put before the First General Assembly Meeting for Approval

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