The Board of Directors of Saudi Industrial Investment Group approved the formation of the Audit Committee for the new current term, for a period of four years beginning May 17, 2024, and ending on May 16, 2028. Appointed Member Name: Dr. Saad Saleh Alrwaite (Independent Member). Dr. Saad holdsa PhD, degree in accounting.

He was the head of the accounting department at King Saud University. He has held positions and memberships on boards of directors and audit committees in multiple companies and government institutions. Currently, He is the Vice Dean of Prince Sultan University for Administrative and Financial Affairs.

Appointed Member Name: Mr. Abdullah Ahmed Alshehri (Independent Member). Mr. Abdullah holds a Masters, degree in accounting. He held various positions in administration and finance in SAMBA financial group, and Al Faisaliah Group.

He also held different memberships on boards of directors, audit committees and Remuneration and Nomination Committee in many joint stock companies. Appointed Member Name: Dr. Mohammed Sultan AlSahali (Outside the Board). Dr. Mohammed holds a PhD degree in accounting.

He was a consultant in Price Water House Coppers, and Team Leader of developing the internal audit policies in King Abdullah institute. He held positions and memberships on boards of directors and audit committees in companies and government institutions. Currently, He is the General Manager of the internal Audit department in Alinma Bank.

Date of Board Meeting in which appointed New Member(s) were appointed: May 26, 2024.