On June 4, 2026, Northern Region Cement Co. announced its Board of Directors' decision to accept the resignation of Audit Committee member Mr. Khalid Abdulla Almudaymigh, an independent member from outside the Board, who submitted his resignation on May 31, 2026 due to new business commitments. The Board simultaneously approved the appointment of Mr. Meshaal Abdulrahman Alokla as the new Audit Committee member, effective June 4, 2026, to complete the remaining statutory term. Mr. Alokla, also an independent member from outside the Board, holds degrees from Umm Al-Qura University and Shippensburg University of Pennsylvania, and brings extensive experience in corporate governance and leadership roles across banking and telecommunications sectors.

Original announcement:

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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.