| Item | Explanation |
|---|---|
| Introduction | Banan Real Estate Company announces the Board of Directors’ decision to form the Audit Committee for the Board term that began its work effective from 26-12-2025 for a period of three years ending on 25-12-2028. This is as follows: |
| Item | Explanation |
|---|---|
| Appointed member name | Ahmed Suleiman Al-Muzaini |
| Membership start date | 1447-07-06 corresponding to 2025-12-26 |
| Brief bio of the appointed member | Holds a Certified Internal Auditor certificate and is specialized in governmental auditing from the American Institute of Internal Auditors in 2004. Bachelor’s degree in Business Administration and Economics – King Saud University, Riyadh, Kingdom of Saudi Arabia, 1999. Master of Business Administration – Alfaisal University, Riyadh, Kingdom of Saudi Arabia, 2014. |
| Date of no-objection from other official authorities | Not applicable |
| Item | Explanation |
|---|---|
| Appointed member name | Abdulaziz Mohammed Al-Arifi |
| Membership start date | 1447-07-06 corresponding to 2025-12-26 |
| Brief bio of the appointed member | Holds a Bachelor’s degree in Accounting – King Saud University – 2000. Head of Internal Audit Department – Saudi Company for Technological Development and Investment from 2021 to present. 20 years of experience in internal audit, control, and governance; membership in the American auditors association. |
| Date of no-objection from other official authorities | Not applicable |
| Item | Explanation |
|---|---|
| Appointed member name | Abdulrahman Khalid Al-Sultan |
| Membership start date | 1447-07-06 corresponding to 2025-12-26 |
| Brief bio of the appointed member | Holds a Master’s in Applied Finance – University of Newcastle – Australia, 2009. Bachelor’s degree in Accounting – King Saud University, 1999. |
| Date of no-objection from other official authorities | Not applicable |
| Item | Explanation |
|---|---|
| Date of the Board meeting at which the member(s) were appointed | 1447-07-08 corresponding to 2025-12-28 |
