Thimar Development Holding Co. — Board/Management Information 2026

May 17, 2026

Thimar Development Holding Company announces the Board of Directors' decision to appoint the Chairman and Vice Chairman and to form the Nominations and Remuneration Committee

4160 · 17/05/2026 08:25:56 · Announcement #95428 · View on Saudi Exchange

Thimar Development Holding Company announces the Board of Directors' decision to appoint the Chairman and Vice Chairman and to form the Nominations and Remuneration Committee

Element List

Explanation

Announcement Detail

With reference to the Ordinary General Assembly Meeting (First Meeting) of the Company held on Tuesday, May 12, 2026, which included the election of the Board of Directors for its new term commencing on May 14, 2026, and lasting for four (4) years, ending on May 13, 2030, the Company announces the Board of Directors' decision to appoint the Chairman and Vice Chairman of the Board, appoint the Company's representatives to the Capital Market Authority and the Saudi Stock Exchange (Tadawul), appoint the Secretary of the Board, and form the Nominations and Remuneration Committee as follows:

First: Appointment of Mr. Sulaiman bin Naser Al-Hatlan as Chairman of the Board.

Second: Appointment of

Mr. Mohammad bin Saleiman Aleisa as Vice Chairman of the Board

Third: Appointment of the Secretary of the Board

Fourth: Appointment of the Company's representatives to the Capital Market Authority and the Saudi Stock Exchange (Tadawul)Fifth: The Nominations and Remuneration Committee, emanating from the Council, is formed for the remainder of the Council's term as follows:

Mr. Sulaiman bin Naser Al-Hatlan (Independent)

Mr. Sami bin Mohammad AlHelwah (Independent)

Mr. Saud bin Hassan bin Saeed (Non-Executive)

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.