Saudi Basic Industries Corp. — Board/Management Information 2026

Mar 4, 2026

Saudi Basic Industries Corporation (SABIC) announces Resignation and appointment of a Board Member.

2010 · 04/03/2026 09:35:45 · Announcement #93445 · View on Saudi Exchange

Saudi Basic Industries Corporation (SABIC) announces Resignation and appointment of a Board Member.

Element List	Explanation
Resigned Member Name	Eng. Abdulrahman Saleh Al-Fageeh
Membership Type	Executive
Resignation Submission Date	2026-03-03 Corresponding to 1447-09-14
Resignation Effective Date	2026-03-31 Corresponding to 1447-10-12
Membership Starting Date for the Resigned Member	2025-04-10 Corresponding to 1446-10-12
Reasons of Resignation	Retirement

Element List	Explanation
Appointed Member Name	Eng. Ibrahim Qasim AlBuainain
Membership Type	Non- Executive
Membership Start Date	2026-04-01 Corresponding to 1447-10-13
Brief Resume of the Appointed Member	Mr. AlBuainain began his career with Aramco in 1989.

Ibrahim Q. AlBuainain has been appointed Executive Vice President of Global Manufacturing, effective September 01, 2023.

Prior to this, he had been serving as Senior Vice President of Sales, Trading & Supply, since February 2022, overseeing the company’s global trading and sales of crude oil and LPG, it’s hydrocarbon supply planning network, which includes the company’s domestic sales of refined products, and feedstock.

Mr. AlBuainain currently serves as Chairman of the Board of Luberef, and holds board positions at several Aramco subsidiaries and JV companies. He holds a B.S degree in Mechanical Engineering, an MBA in Global Management, and an M.S degree in Innovation and Global Leadership from Massachusetts Institute of Technology. The date of the approval by other official authorities N/A

Element List	Explanation
Date of Board Meeting in which Appointed New Member(s) were Appointed	2026-03-03 Corresponding to 1447-09-14
Board Approval	The board’s approval shall not be deemed final. Such appointment will be discussed at the first General Assembly for ratification.

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