On August 23, 2026, Hedab Alkhaleej Trading Co. announced its Board of Directors' resolutions adopted at the first meeting of the new term, which commenced on August 22, 2026 and runs through August 21, 2030. The Board appointed Mr. Nayef Brahim Rashed Alhumaid as Chairman, Mr. Nasser Abdullah S Alhumid as Vice Chairman, Managing Director and Chief Executive Officer, and Mr. Abdulaziz Abdulrahman Abdullah Alnassar as Board Secretary. Three committees were established for the new term: the Nomination and Remuneration Committee (chaired by Mr. Fahad Abdulaziz Abdullah Alnassar), the Executive Committee (chaired by Mr. Yasser Abdulaziz I Alhumaid), and the Audit Committee, the composition of which will be announced separately in accordance with Capital Market Authority regulations. The Board also approved the appointment of the Company's representatives before the Capital Market Authority and Saudi Exchange for all purposes related to applicable laws and regulations.

Original announcement:

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