Riyad Bank — Board/Management Information 2021

Apr 27, 2021

Riyad Bank announces the appointment of a member of the Audit Committee

1010 · 27/04/2021 16:03:07 · Announcement #63046 · View on Saudi Exchange

Riyad Bank announces the appointment of a member of the Audit Committee

Element List	Explanation
Introduction	Riyad Bank announces the approval of its Board of Directors resolution by circulation issued on 27/04/2021 on the recommendation of the Nominations & Compensations Committee (NCC) to appoint Mr. Abdulaziz Khalid Alfalih as a member in the Audit Committee (an independent external member) substitute for the resigned member H.E. Abdulaziz Abdullah Alduailej.

The appointment is effective as of the Board approval date until the end of the current Audit committee term, which shall end on 30/10/2022.

The approval of the appointment is not final, and this appointment will be submitted to the General Assembly for approval.

Element List	Explanation
Appointed Member Name	Abdulaziz Khalid Alfalih
Membership Start Date	2021-04-27 Corresponding to 1442-09-15
Brief Resume of the Appointed Member	Mr. Abdulaziz holds MBA from Stanford Graduate School Of Business and Bachelor of Science in Chemical Engineering from Massachusetts Institute of Technology (MIT).

He has extensive experience in the fields of finance, asset management and investments.

Element List	Explanation
Date of Board Meeting in which Appointed New Member(s) were Appointed	2021-04-27 Corresponding to 1442-09-15
Board Approval	Board approval may not be deemed final, this appointment shall be presented on the first coming General Assembly Meeting for approval

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