Arabian Cement Company announced the following directives of its newly elected board in its first meeting held on Jan. 2, 2021: First: The appointment of HE Eng. Abdullah Mohammed Noor Rehaimi (Independent) as Chairman of the Board of Directors. Second: The appointment of Mr. Saud Abdulaziz AlSulaiman (Non-executive) as Vice Chairman of the Board of Directors. Third: Formation of the Remuneration and Nomination Committee as follows: 1. Eng. Al Waleed Abdulrazaq AlDereyaan (Independent) as Chairman of the Committee. 2. Mr. Turki Abdullah AlRajhi (Non-executive) as Member. 3. Mr. Yousef Saleh Abalkhail (Independent) as Member. Fourth: Formation of the Corporate Governance and Social Responsibility Committee as follows: 1. Eng. Al Waleed Abdulrazaq AlDereyaan (Independent) as Chairman of the Committee. 2. Mr. Turki Abdullah AlRajhi (Non-executive) as Member. 3. Mr. Yousef Saleh Abalkhail (Independent) as Member. Fifth: Formation of the Risk Management Committee as follows: 1. Eng. Moutaz Qusai AlAzzawi (Non - executive) as Chairman of the Committee. 2. Mr. Fahad Abdullah Alissa. (Independent) as Member. 3. Mr. Naif Mesned AlMesned (External expert) as Member. Sixth: The approval of the General Assembly Meeting No. (64), dated Dec. 13, 2020, was previously announced to appoint the following Audit Committee members as follows: 1. Eng. Moutaz Qusai AlAzzawi (Non-executive) as Chairman of the Committee. 2. Mr. Fahad Abdullah Alissa (Non-executive) as Member. 3. Mr. Abdulatif Ali AlSeif (Independent) as Member. 4. Mr. Abdulaziz Saleh Ablkhail (External Expert) as Member. Seventh: Representatives of the company have been appointed to the Capital Market Authority (CMA) and the Saudi Stock Exchange Company (Tadawul) for all purposes related to the application of the Capital Market Law and implementing its regulations. Eighth: Appointment Mr. Hani Mohammed Lahji - Secretary of the Board of Directors.