Galfar Engineering & Contracting SAOG announced that at the board meeting of the company held on October 18, 2012. The company ratified the resignation of Dr. Hamad Hashim Mohammed Al Dhahab Al Ghailani from the membership of the Board with effect from the date of his resignation on 28/08/2012. The Board further resolved appointment of Mr. Hamad Mohammad Hamood Al Waheibi (willing and eligible) as a temporary Director to fill the vacant office in the Board until the next Annual General Meeting.

The company accepted the resignation of the Director present in the meeting representing Al Siraj Investment Holding LLC Mrs. Budoor Mohammed Rashid Al Fannah Al Araimi from the membership of the Board with effect from the next day of this Board meeting. The Board further resolved appointment of Ms. Khulood Mohammed Rashid Al Fannah Al Araimi (willing and eligible) as a temporary Director representing Al Siraj Investment Holding LLC to fill the vacant office in the Board until the next Annual General Meeting. The company appointed director and audit committee member Dr. Hatim Bakheet Saeed Al Shanfari to be the Chairman of the Audit Committee.

The Board also appointed the two temporary Directors Mr. Hamad Mohammad Hamood Al Waheibi and Ms. Khulood Mohammed Rashid Al Fannah Al Araimi as members in the Audit Committee.