Riyadh Cement Co. — Board/Management Information 2025

Jun 16, 2025

Riyadh Cement Company Announcement on the Formation of the Board of Directors, the Nomination and Remuneration Committee, and the Audit Committee

3092 · 16/06/2025 15:31:52 · Announcement #88139 · View on Saudi Exchange

Riyadh Cement Company Announcement on the Formation of the Board of Directors, the Nomination and Remuneration Committee, and the Audit Committee

Element List

Explanation

Announcement Detail

The Board of Directors of Riyadh Cement Company is pleased to announce the Board’s decision dated 20/12/1446H corresponding to 16 June 2025, regarding the appointment of the Chairman and Vice-Chairman of the Board, the formation of the Remuneration and Nomination Committee and the Audit Committee, the appointment of the Board Secretary for the new term, and the nomination of the Company’s representatives to the Capital Market Authority (CMA) and the Saudi Stock Exchange (Tadawul), as follows:

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, as follows:

Mr. Fahad bin Hizam Al-Nabit (Non-Executive Member)

Mr. Salah bin Rashid Al-Rashid (Non-Executive Member)

Mr. Mohammed Khalifa Al-Mulhem (Independent Member)

3- Formation of the Audit Committee starting from 20/12/1446H corresponding to 16 June 2025, for a period of three years, as follows:

Dr. Abdullah Al-Husseini (Non-member of the Board of Directors)

Dr. Fahad Saleh Al-Humaidah (Independent Member)

Mr. Mohammed Al-Shaya (Non-member of the Board of Directors)

4- 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

5- Appointment of the Board of Director Secretary

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.