Ayyan Investment Company announced the decision of the Board of Directors at its meeting held on July 03, 2022, which includes the selection of the Chairman and Vice-Chairman and the formation of committees as follows: appointment of Mr. Faisal bin Abdullah bin Muhammad Al-Qahtani as Chairman of the Board of Directors; appointment of Mr. Abdul Aziz bin Abdul Rahman bin Abdullah Al AlShaikh as Vice Chairman of the Board of Directors. Formation of the Investment Committee as follows: Mr. Faisal bin Abdullah bin Muhammad Al-Qahtani, Chairman of the Committee; Mr. Abdulaziz bin Abdulrahman bin Abdullah Al AlShaikh, Member of the Committee and; Mr. Ayham bin Muhammad bin Abdullah Al-Yousef, Member of the Committee. Formation of the Nominations and Remunerations Committee from the following Members: Mr. Mohammad bin Abdullah bin Abdulaziz Al-Mansour, Chairman of the Committee; Mr. Ahmed bin Abdullah bin Abdulaziz Al-Khayyal, Member of the Committee and; Mr. Abdulaziz bin Majed bin Abdullah Al-Kassabi, Member of the Committee.

Appointing Mr. Fahd bin Abdul Rahman Al-Sulaiman, Secretary of the Board of Directors, as well as appointing the company's representatives to the Capital Market Authority and to the Saudi Stock Exchange Company. Formation of the Audit Committee from the following members: Mr. Waleed bin Amer Abdul Rahman Al-Rumaih, Chairman of the Committee; Mr. Hani bin Abdullah Abu Al-Naja, Member of the Committee; Mr. Emad bin Mahmoud Nashar, Member of the Committee and; Mr. Rashed bin Abdullah Al-Rashed, Member of the Committee. These decisions shall take effect from July 01, 2022 and for a period of three years.