Astra Industrial Group announces the appointment of the Chairman and Vice-Chairman of the Board of Directors, the formation of the Board’s committees, and the appointment of the Company’s representatives

Element List	Explanation
Announcement Detail	With reference to the results of the Ordinary General Assembly meeting of Astra Industrial Group, held on 20 April 2025, during which the members of the company’s Board of Directors were elected for its new (sixth) term, commencing on 22 April 2025 and lasting for three years, ending on 21 April 2028. The company announces the resolutions of its Board of Directors, approved by circulation on 24 April 2025, as follows: 1. Appointment of Mr. Sabih Masri (non-executive) as Chairman of the Board of Directors. 2. Appointment of Mr. Khaled Masri (non-executive) as Vice-Chairman of the Board of Directors. 3. Formation of the following committees emanating from the Board of Directors: 1) Audit Committee. 2) Nominations and Remuneration Committee. 3) Performance and Investment Committee. 4. Appointment of the Secretary of the Board of Directors. 5. Appointment of the company’s representatives to the Capital Market Authority and the Saudi Stock Exchange (Tadawul) to represent the company in all matters related to the Capital Market Law, the Companies Law, their implementing regulations, the rules for offering securities, continuing obligations, and listing rules.

Element List

Explanation

Announcement Detail

With reference to the results of the Ordinary General Assembly meeting of Astra Industrial Group, held on 20 April 2025, during which the members of the company’s Board of Directors were elected for its new (sixth) term, commencing on 22 April 2025 and lasting for three years, ending on 21 April 2028.
The company announces the resolutions of its Board of Directors, approved by circulation on 24 April 2025, as follows:
1. Appointment of Mr. Sabih Masri (non-executive) as Chairman of the Board of Directors.
2. Appointment of Mr. Khaled Masri (non-executive) as Vice-Chairman of the Board of Directors.
3. Formation of the following committees emanating from the Board of Directors:
1) Audit Committee.
2) Nominations and Remuneration Committee.
3) Performance and Investment Committee.
4. Appointment of the Secretary of the Board of Directors.
5. Appointment of the company’s representatives to the Capital Market Authority and the Saudi Stock Exchange (Tadawul) to represent the company in all matters related to the Capital Market Law, the Companies Law, their implementing regulations, the rules for offering securities, continuing obligations, and listing rules.