| Element List |
Explanation |
| Introduction |
The Saudi Arabian Refineries Company – Sarco announces the appointment of Mr. Rashid Sulaiman Al-Rasheed as an independent member of the Audit Committee (a member from outside the board) as of 01/03/2023 AD until the end of the current session on 30/04/2024 AD, in the minutes of the Board of Directors issued By circulation on 09/08/1444 AH corresponding to 01/02/2023 AD, provided that this appointment is presented to the first meeting of the company’s general assembly for approval. |
| Element List |
Explanation |
| Appointed Member Name |
Mr. Rashid Suleiman Al-Rasheed |
| Membership Start Date |
2023-03-01 Corresponding to 1444-08-09 |
| Brief Resume of the Appointed Member |
Mr. Rashid Sulaiman Al-Rasheed is currently the Chief Financial Officer of the Bank of New York Mellon Saudi Arabia and holds a Bachelor’s degree in Accounting from King Saud University, and a member of the Board of Directors and a member of the Audit Committee in several joint stock companies. The Board of Directors welcomes his membership in the Audit Committee. We are grateful to him for success in his new duties and responsibilities. |
| Element List |
Explanation |
| Date of Board Meeting in which Appointed New Member(s) were Appointed |
2023-03-01 Corresponding to 1444-08-09 |
| Board Approval |
Board Approval May not be Deemed Final, this Appointment Shall Be Put before the First General Assembly Meeting for Approval |
