| Element List | Explanation |
| Introduction | Saudi Cement Company announces the approval of the Board of Directors on the Nomination and Remuneration committee Recommendation to form the Audit Committee for Board term which commence on 01 January 2025, and will last for a period of four years, ending on 31 December 2028, as follows:
1-Dr. Aref Abdulla AlAshban. (Independent Member) 2-Mr. Hamad Abdulla AlOlayan. (Non-Executive Member) 3-Mr. Mansour Mohammed Balghonaim. (Member from outside the Board) |
| Element List | Explanation |
| Appointed Member Name | Dr. Aref Abdulla AlAshban. (Independent Member) |
| Membership Start Date | 2025-01-01 Corresponding to 1446-07-01 |
| Brief Resume of the Appointed Member | Dr. Aref Abdulla AlAshban holds a PHD in Business Administration from University of Houston – United States of America. His experience extends for many years, he served during those years as the Eastern Province Regional Head, at Morgan Stanley Co. and as the Dean of the College of Industrial Management in King Fahd University of Petroleum and Minerals, he also served as an Industrial Engineer and Planning and Program Analyst in Saudi Aramco. |
| The date of the approval by other official authorities | Not Applicable |
| Element List | Explanation |
| Appointed Member Name | Mr. Hamad Abdulla AlOlayan. (Non-Executive Member) |
| Membership Start Date | 2025-01-01 Corresponding to 1446-07-01 |
| Brief Resume of the Appointed Member | Mr. Hamad Abdulla AlOlayan holds a Bechelors Degree in Business Administration from Azusa Pacific University – United Stated of America. His experience extends for many years in Credit Management, Finance and Sales. He is also a Board member and an Audit Committee member in Saudi Cement Company for several Board terms. |
| The date of the approval by other official authorities | Not Applicable |
| Element List | Explanation |
| Appointed Member Name | Mr. Mansour Mohammed Balghonaim. (Member from outside the Board) |
| Membership Start Date | 2025-01-01 Corresponding to 1446-07-01 |
| Brief Resume of the Appointed Member | Mr. Mansour Mohammed Balghonaim holds a Bachelors Degree in Finance from King Saud University. Currently, he serves as an advisor at Ministry of Human Resources and Social Development, His experience extends for many years in Credit Committees and Banking Business Development. He was a member of the Board and Audit Committee of Saudi Cement Company in his previous Board term. |
| The date of the approval by other official authorities | Not Applicable |
| Element List | Explanation |
| Date of Board Meeting in which Appointed New Member(s) were Appointed | 2025-01-01 Corresponding to 1446-07-01 |