Abdullah Al-Othaim Markets Company announced its Board of Directors Resolution dated on October 15, 2022, by accepting the request of the delegated CEO, Mr. Muwaffaq Bin Mansour Jamal dated on October 12, 2022 to terminate his delegation as CEO according to his own desire, due to his special commitments, and the last work day as CEO will be October 16, 2022, while continuing as a members of the Board of Directors and the Executive Committee, and his membership's status in the board will be changed to a non-executive member instead of Executive member as of its date period. The company's board of directors extends its thanks and appreciation to Mr. Muwaffaq Mansour Jamal for his efforts during his period as a delegated CEO for the Company. And the Board of Directors decided appointing the Vice Chairman of the Board of Directors Eng.

Bader Bin Hamid Al-Aujan as Managing Director of the company a as of October 16, 2022 to perform the company's business until the appointment of a CEO which will be announced later, and his membership's status in the Board will be changed from non-executive member to an executive member as of its date. It worth to be mentioned that Eng. Bader Bin Hamid Al-Aujan holds a Bachelor's degree in Mechanical Engineering - King Saud University 1992G, and a Graduate of the International Board of Directors Program - INSEAD, France 2019G, and occupied the Board Chairman of the Board of Directors for Al Jouf Agricultural development Company, also he occupied a previous leadership positions in a several leader's Companies.