National Building Replaces Independent Board Member, Audit Committee Chair

NBM

NBM

9510.SA

0.00

On August 5, 2026, National Building and Marketing Co. announced that its Board of Directors accepted the resignation of Mr. Saleh bin Abdulrahman Al-Mahasen from his roles as Independent Board Member and Chairman of the Audit Committee, effective August 4, 2026, citing personal circumstances. In the same board meeting, Mr. Abdulaziz bin Ali Al-Hudaib was appointed as an Independent Board Member to fill the vacancy, effective August 5, 2026, and serving until the end of the current board term on March 6, 2028. The appointment remains subject to ratification at the next General Assembly meeting.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97305&anCat=1&cs=9510&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.