National Building Corrects Audit Committee Member Appointment Announcement

NBM

NBM

9510.SA

0.00

On August 24, 2026, National Building and Marketing Co. issued a correction to its previous announcement published on August 23, 2026, regarding the appointment of an Audit Committee member and the restructuring of the committee. The correction clarifies that Mr. Abdulaziz Ali Al-Hudaib (Independent Board Member) was appointed as a **member** of the Audit Committee — not as Chairman as previously stated — effective August 23, 2026, until the end of the current committee term on March 6, 2028. The correctly stated Audit Committee composition is: Mr. Sulaiman bin Dhafer Saad Al-Hussein as Chairman (from outside the Board), Mr. Abdulaziz bin Ali Al-Hudaib as Independent Member (from inside the Board), and Mr. Ahmed Azzam Sukkar as Member (from outside the Board).

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97757&anCat=1&cs=9510&locale=ar

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

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.