Saudi German Health Appoints New Audit Committee Member

SAUDI GERMAN HEALTH

SAUDI GERMAN HEALTH

4009.SA

0.00

On May 4, 2026, Middle East Healthcare Company (Saudi German Health) announced Board of Directors resolutions regarding Audit Committee membership changes. Dr. Makarem Sobhi Batterjee resigned from the Audit Committee effective May 3, 2026, while continuing as Vice Chairman of the Board of Directors, to enhance committee independence in line with governance best practices. The Board appointed Dr. Ghazi Saleh Ahmed Hasanain, an Independent Board Member with over 40 years of management and engineering experience, as the new Audit Committee member effective May 4, 2026, to complete the current term ending September 16, 2026. The company confirmed these changes have no material financial impact and are part of ongoing efforts to strengthen board committee effectiveness.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=94922&anCat=1&cs=4009&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.