– Announcement –

 Alkhabeer Capital Announcement Regarding a Change in the Membership of the Board of Directors of Alkhabeer Waqf Fund I

Alkhabeer Capital announces a change in the membership of the Board of Directors of Alkhabeer Waqf Fund I, due to the appointment of board member, Ali Mohammed Umair Qahtani (Independent member) from 2 Rajab 1443, corresponding to 3 February 2022. The formation of the Board of Directors, after the change, shall be:

1. Ammar Ahmed Shata – Chairman of the Board – (non-independent member).

2. Ahmed Saud Ghouth – (non-independent member).

3. Yasser Muhammad Baharith – (non-independent member).

4. Farouq Fouad Ghulam – (Independent member).

5. Ali Mohammed Umair Qahtani – (Independent member).

– End –