On July 7, 2026, Yanbu Cement Company announced the formation of its Audit Committee for the current Board term, following a Board of Directors' resolution dated July 6, 2026. The committee comprises three members effective July 6, 2026: Eng. Abdulaziz bin Hamad Al-Fakhri (Independent Member), currently CEO of Alat with extensive experience in executive management and investments; Dr. Ahmed bin Sirag Khogeer (Independent Member), a former Saudi Aramco leader with over thirty years of experience in engineering, governance, and project management; and Mr. Fahd bin Saleh Al-Ajlan (External Member), General Manager of Insurance Policies and Products Development at GOSI with over twenty years of experience in risk management and financial operations. The committee was formed in accordance with the Audit Committee Charter approved by the General Assembly.

Original announcement:

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.