Jahez International Company for Information System Technology (Jahez) announces that Mr. Abdulwahab bin Abdulkarim Al-Butairi, has submitted his resignation from his role as the Chairman of the Audit Committee on 03-07-2022 and the Board of Directors approved it (by circulation) on 03-07-2022. The company also announces the issuance of it board resolution (by circulation) on 03-07-2022 appointing the board member Mrs. Lulua Mohammed Bakr (Independent) as the Chairman of the Audit Committee effective from 03-07-2022 until the end of current committee session. Resignation Effective Date: 03 July 2022 Reasons for Resignation: As per the request of Impact Finance Private Equity Fund - Information Technology and E-Commerce Sector to change its representative on the Board of Directors at Jahez International Company for Information System Technology (Jahez).

Brief Resume of the Appointed Member: Mrs. Lulua Mohammed Bakr, a member of the Board of Directors and a member of the Investment Committee in (Jahez), holds a Bachelors degree in Accounting from King Saud University in 1997, and a Masters degree in Business Administration majoring in Finance and Economics from Columbia University in the United States of America in 2004. Mrs. Lulua is also a member of director in several companies as well as other investment funds.