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Saudi Arabia Refineries Co. Announces Resignation of a Board Member

Element List Explanation
Introduction  Saudi Arabian Refineries Company (SARCO) announces that its Board of Directors has accepted the resignation of the Board Member, Mr. Maqid Ibrahim Al-Otaibi, (non-executive) from his membership in the Board of Directors and its committees for the current session that began on 01/05/2021 AD and ends on 30/04/2024 AD And that is in the minutes of the Board of Directors issued by circulation on 04/07/1444 AH corresponding to 26/01/2023 AD, provided that the resignation is effective from the date of completion of the signing of the minutes by majority on 29/01/2023 AD.
The members of the Board of Directors of the Saudi Arabian Refineries Company(SARCO), extend their thanks and appreciation to Mr. Maqid Ibrahim Al-Otaibi for his efforts in managing the company in the previous period, wishing him success.
Element List Explanation
Resigned Member Name Maqid Ibrahim Al-Otaibi
Membership Type Non- Executive
Resignation Submission Date 2023-01-19 Corresponding to 1444-06-26
Resignation Acceptance Date 2023-01-26 Corresponding to 1444-07-04
Resignation Effective Date 2023-01-29 Corresponding to 1444-07-07
Membership Starting Date for the Resigned Member 2021-05-01 Corresponding to 1442-09-19
Reasons of Resignation for him own reason