Gulf Union Insurance Independent Director Karim Bachite Resigns

GULF UNION ALAHLIA +0.39%

GULF UNION ALAHLIA

8120.SA

10.39

+0.39%

Gulf Union Al Ahlia Cooperative Insurance Company announced on February 9, 2026 the resignation of independent board member Mr. Karim Mohammed Bachite from its Board of Directors. The Board of Directors approved the acceptance of his resignation during their meeting on February 8, 2026, with the resignation effective immediately due to personal reasons. Mr. Bachite had served on the board since December 17, 2025.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=93032&anCat=1&cs=8120&locale=ar

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.