Raydan Food Co. — Board/Management Information 2021

Feb 16, 2021

Raydan Food Co. Announces Resignation and Appointment Audit Committee Member

6012 · 16/02/2021 15:33:18 · Announcement #61945 · View on Saudi Exchange

Raydan Food Co. Announces Resignation and Appointment Audit Committee Member

Element List	Explanation
Introduction	Raydan Food Company announces the decision of the Board of Directors by accepting the resignation of Mr. Zahir Fadel Alsayed Aldabi from the membership of the Audit Committee, and the Board of Directors also approved the appointment of Mr. Amjad Khalid Sami Kutbi to the Audit Committee until the end of the current session of the Board and submitting this to the General Assembly for approval.

Element List	Explanation
Name of Resigning Member	Zahir Fadel Alsayed Aldabi
Resignation Submission Date	2021-02-14 Corresponding to 1442-07-02
Resignation Effective Date	2021-02-16 Corresponding to 1442-07-04
Reasons for Resignation	To meet governance requirements
Resigning Member Start Date	2019-04-21 Corresponding to 1440-08-16

Element List	Explanation
Appointed Member Name	Amjad Khalid Sami Kutbi
Membership Start Date	2021-02-17 Corresponding to 1442-07-05
Brief Resume of the Appointed Member	Mr. Amjad Khalid Sami Kutbi Obtained Bachelor of Accounting, King Fahd University of Petroleum & Minerals,1995

Mr. Amjad Khalid Sami Kutbi, currently occupies the Finance Director and Audit Committee Secretary for Bayt Al Qoot Company since 05-2017. Previously Financial Controller for Panda Retail Company , 11-2015 to 04-2017 & Finance Manager – Accounts Payable for Panda Retail Company, 06-2013 to 11-2015

He has managerial and practical experience in Finance, Accounts Payable, internal Audit, audit of the financial statements.

Element List	Explanation
Date of Board Meeting in which Appointed New Member(s) were Appointed	2021-02-16 Corresponding to 1442-07-04
Board Approval	Board Approval May not be Deemed Final, this Appointment Shall Be Put before the First General Assembly Meeting for Approval
Additional Information	The company’s management sincerely thanks and appreciation to Mr. Zahir Fadel Alsayed Aldabi for his contributions to the work of the audit committee during his membership in the committee, and wishes him continued success and prosperity. It also wishes Mr. Amjad Khalid Sami Kutbi success in supporting the work of the audit committee.

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