Al-Baha Investment & Development Co. announced the results of the meeting of the Ordinary General Assembly of the company held on February 07, 2022, in which the members of the company's Board of Directors were elected for its new term, which starts from February 10, 2022 and for a period of three years and ends on February 09, 2025, as follows: Appointing Mr. Muhammad bin Saleh bin Muhammad Al Hammadi (in his personal capacity - a non-executive member) as Chairman of the Board of Directors; The appointment of Mr. Ibrahim bin Abdullah bin Rashid bin Kulaib (in his personal capacity - an executive member) as Vice Chairman and Managing Director, in addition to his position as the CEO of the company; Merging the Nominations and Remunerations Committee, to become, after the merger, the Nominations and Remunerations Committee; Fourth: Appointing and forming the Nominations and Remunerations Committee as follows: Mr. Abdullah bin Fahd bin Abdullah Al Midian (independent member) as Chairman of the Nominations and Remunerations Committee; Dr. Abdulaziz bin Saleh bin Muhammad Al Hammadi (Non-Executive Member) as a member of the Nominations and Remunerations Committee; Mr. Abdullah bin Muhammad bin Salem Bal Shrf (independent member) as a member of the Nominations and Remunerations Committee. The board of directors also appointed a secretary for the new term, and the company's representatives to the Capital Market Authority and the Saudi Stock Exchange.

Noting that the Audit Committee was approved by the Ordinary General Assembly held on Monday February 07, 2022, and approved the definition of its tasks, rules of work, and the remuneration of its members, for the new term starting from the date of February 10, 2022 and for a period of three years until the date of February 09, 2025. The candidates are: 1- Mr. Saad bin Abdul Mohsen Al-Humaidi (membership status - independent); Dr. Abdulaziz bin Saleh Al Hammadi (membership - non-executive); and Mr. Turki bin Abdulrahman Al-Rasis (membership status - independent).