Ash-Sharqiyah Development Co. announced resignation and appointment audit committee member. Name of Resigning Member: Dr. Jassim Shaheen Hamad Al-Rumaihi.

Resignation Effective Date: 2023-02-12 Corresponding to 1444-07-21. Reasons for Resignation: In implementation of Article 51 of the Corporate Governance Regulations issued by the Board of Directors of the Capital Market Authority on 6-25-1444 AH corresponding to 1-18-2023 regarding the formation of the audit committee which stipulated in paragraph (G) the following text: It is required that a member of the audit committee not be a member of committees Review in more than five joint-stock companies listed at the same time. Appointed Member Name: Bassam Muhammad Al-Baqawi.

Brief Resume of the Appointed Member: Bachelor of Administrative Sciences major in Accounting from Qassim University; Master of Accounting from the University of Arkansas.