Riyadh Cement Co. — Board/Management Information 2022

Jun 16, 2022

Riyadh Cement Co. announces the Board of Director's decision regarding the appointment of the Chairman and Vice-Chairman of the Board of Directors, formation of Remuneration and Nomination committee, appoint the Secretary of the Board and appointment the Company’s representatives at Capital Market Authority and Tadawul

3092 · 16/06/2022 08:12:46 · Announcement #68857 · View on Saudi Exchange

Riyadh Cement Co. announces the Board of Director's decision regarding the appointment of the Chairman and Vice-Chairman of the Board of Directors, formation of Remuneration and Nomination committee, appoint the Secretary of the Board and appointment the Company’s representatives at Capital Market Authority and Tadawul

Element List

Explanation

Announcement Detail

The Board of Directors of Riyadh Cement Co. is pleased to announce the decision of its Board of Directors, on 16/11/1443 corresponding to 15/06/2022 to appoint the Chairman and Vice-Chairman of the Board and the formation of Remuneration and Nomination Committee for the new term, Recommendation to the next General Assembly of Audit Committee Members, appointment of the Board Secretary for its next term and appointment of the Company’s representatives at CMA and Stock Exchange Company (Tadawul):

1- Appointing the Chairman and the Vice-Chairman, as follows:

Mr. Salah Rashed AlRashed (Non-Executive Member) Chairman of the Board of Directors.

Eng. Khaled Abdullah AlMulhem (Non-Executive Member) Vice-Chairman.

2- The Board approved the formation of the Remuneration and Nominations Committee.

3- Recommendation to the next General Assembly of Audit Committee Members.

4- Appointment of the Board of Director Secretary.

5- Appointment Representatives of the Company at Capital Market Authority (CMA) and Saudi Stock Exchange Company (Tadawul) for all purposes related to complying with CMA regulation.

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.