The Saudi Fisheries Company announced the Board-s approval, by passing on June 29, 2022 of the resignation of the CEO of the company, Engineer Walid bin Hamad bin Sulaiman Al-Buthi from his position due to his special circumstances, provided that the resignation will take effect as of July 1, 2022. The Board also approved by passing on June 29, 2022 AD, the assignment of Mr. Awwad Aldasouqi, the CFO as an acting CEO of the company, starting from July 1, 2022, until further notice. Mr. Awwad Farouk Al-Dasouqi holds a bachelor-s degree in Accounting from Al-Alhliya Amman University in 2000.

He has diverse qualifications and experience in a number of fields and has more than 20 years of experience in agricultural companies during which he held top leadership and administrative positions. Resignation Effective Date:2022-07-01 Corresponding to 1443-12-02. Reasons for Resignation is special circumstances.

About Awwad Farouq Aldasouqi: Date of Board Resolution 2022-06-29 Corresponding to 1443-11-30. Date Work Commencement 2022-06-01 Corresponding to 1443-11-02. Brief Resume: Mr. Awwad Farouk Al-Dasouqi holds a bachelors degree in Accounting from Al-Alhliya Amman University in 2000.

He has diverse qualifications and experience in a number of fields and has more than 20 years of experience in agricultural companies during which he held top leadership and administrative positions.