Oman Cement Company SAOG announced that the Board in its meeting dated 5th April 2023, accepted the resignation of the following board members due to the conclusion of the share purchase agreement between The Investment Authority Company S.P.C. and Huaxin (Hong Kong) International Holdings Limited: Mr. Rashid Sultan Al Hashmi, Mr. Mohammed Sulaiman Al Salmi and Mr. Mohammed Abdullah Al Harthi, effective 5th April 2023. The board also accepted the appointment of the following individuals as temporary board members starting from 5th April 2023 until the company's next Ordinary General Meeting which will be disclosed shortly. Mr. Li Yeqing is a CEO, Secretary of the Party Committee, and senior engineer at Huaxin Group Co.

Ltd. He holds a Bachelor of Engineering, Master of Engineering, and PHD of Business Administration. He joined Huaxin Cement Plant in 1987 and held various positions. He also serves as Vice Chairman of China Building Materials Federation and China Cement Association, Chairman of Hubei Building Materials Federation, and concurrently served as Executive Vice Chairman of the Sixth Council of China Building Materials Federation.

Xu Gang, He is currently the Vice President of the Hauxin Company. He has worked in various leadership roles in cement companies such as Safety Engineer and Technical Manager. He then served as a director in Lafarge and Huaxin Cement.

Mr. Xu Gang holds an MBA from Tsinghua University and a bachelor's degree in safety engineering from China University of Geosciences and a Bachelor's in Financial Management from Huazhong University of Science and Technology. Mr. Ian Riley is the CEO of the World Cement Association. Prior to this, he held various positions such as executive director of Tianqiao International (Shanghai) Consulting Company, the President of Asilinko Information Technology (Shanghai) Co., Ltd, the General Manager of SIP (Shanghai), Information Director, and the assistant and the Vice President to the Xeroc Ltd. He also served as the head of Holcim Group's China region.

Mr. Riley has a bachelor's and master's degree in engineering from the University of Cambridge.