With reference to previous disclosure related to resignation of Eng. Hussain bin Hassan Abdul Hussain (CEO) dated July 4, 2023, The board of directors of Al Hassan Engineering Company SAOG announced to the Capital Market Authority that the company appoint Mr. Ahmed Khuzai, Mr. Tufail Abbas and Mr. Asifali Mohamed to form a Temporary Interim Management Team dated October 8, 2023. Mr. Ahmed Al-Khyzaie has extensive professional experience working in the company for more than sixteen years, and he leads the company?s legal team.

Mr. Tufail Abbas has over 19 years of experience in construction & EPC business of projects in Oil & gas, power and water sectors with expertise in contracts and commercial management. He brings in strong cross functional skills with hands of experience while working with contracts, tendering, business development, and project operations, and procurement departments during various stages of his career. Mr. Asifali Mohamed has experience of 31 years.

Responsible for finance and accounts. The board of directs welcome the new members and looks forward to their contributions for the development of the company.