Etihad GO Telecom Co. — Board/Management Information 2020

Dec 31, 2020

Etihad Atheeb Telecommunication Co. (GO) Announces Resignation and Appointment of a Board Member

7040 · 31/12/2020 15:29:25 · Announcement #61517 · View on Saudi Exchange

Etihad Atheeb Telecommunication Co. (GO) Announces Resignation and Appointment of a Board Member

Element List

Explanation

Introduction

Etihad Atheeb Telecom Company (GO) announces the replacement of the member of the Board of Directors representing Batelco, Mr. Ihab Anwar Hanna Hennawi (Non-Executive), with Mr. Issa Abbas Issa Al Sebaa as a member of the Board of Directors (non-executive) and a representative of Batelco with effect from 17/05/1442 AH. Corresponding to 01/01/2021 AD, based on the letter of the Chairman of Batelco’s Board of Directors received for the company on December 15, 2020 to complete the remaining period in the current session of the Board of Directors, which will end on October 25, 2023. This appointment will be presented to the first meeting of the General Assembly for approval.

Element List	Explanation
Resigning Member Name	Ihab Anwar Hanna Hennawi
Membership Type	Non- Executive
Resignation Submission Date	2020-12-15 Corresponding to 1442-04-30
Resignation Acceptance Date	2020-12-31 Corresponding to 1442-05-16
Resignation Effective Date	2020-12-31 Corresponding to 1442-05-16
Membership Starting Date for the Resigning Member	2020-10-26 Corresponding to 1442-03-09
Reasons of Resignation	Based on the letter of Chairman of the Board of Directors of Batelco.

Element List	Explanation
Appointed Member Name	Isa Abbas Isa Al Sebaa
Membership Type	Non- Executive
Membership Start Date	2021-01-01 Corresponding to 1442-05-17
Brief Resume of the Appointed Member	Mr. Isa Abbas Alsabea serves as director of mergers and acquisitions at Batelco, since joining in September 2020.

He has extensive corporate finance and M&A expertise with the benefit of over a decade of experience in investment banking and private equity. Prior to joining Batelco, Isa worked for UBS Investment Bank where he held various roles in London and Dubai, most recently serving as a Director of Corporate Client Solutions in MENA. In this role, he advised corporates and financial investors (including private equity and sovereign wealth funds) on M&A and capital markets transactions. In 2009 Mr. Isa started his career as a private equity analyst at Arcapita.

Mr. Isa Abbas Alsabea holds an MSc (Distinction) in Economics from the London School of Economics and BA (Hons) in Philosophy, Politics and Economics from Balliol College, the University of Oxford.

Element List	Explanation
Date of Board Meeting in which Appointed New Member(s) were Appointed	2020-12-31 Corresponding to 1442-05-16
Board Approval	Board Approval May not be Deemed Final, this Appointment Shall Be Put before the First General Assembly Meeting for Approval
Additional Information	With this, the Chairman and members of the Board of Directors of Etihad Atheeb Telecommunications Company (GO) expresses sincere thanks and appreciation to Mr. Ihab Anwar Hennawi for his efforts, effective participation and value that he provided during his membership in the company's board of directors, wishing him continued success.

The members of the Board of Directors welcomed Mr. Isa Abbas Al-Sabaa, a new member of the Board of Directors, wishing him success in providing his knowledge and expertise to support the company's business.

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