Methanol Chemicals Company announced that its Board of Directors has resolved to appoint Mr. Abdullah Abdulrahman Bu-Ali (Non-Executive Board Member) as a member of the Audit Committee starting from October 19, 2022 until the end of the term of the current Board on November 11, 2024. Mr. Abdullah Bu-Ali holds a Bachelor-s degree in Industrial Management from the King Fahd University of Petroleum & Minerals. He served for more than 30 years in various leadership positions at Saudi Arabia Basic Industries Corporation (SABIC) and its affiliates.

Previously, held the position of Chairman of the Board of Directors of MARAFIQ Water and Power Supply Co. (TAWREED). He also held membership and Chairmanship of the Audit Committee of Jubail Water and Power Co.

and membership of Marafiq Insurance Limited. He is now a Board Member in Chemanol and the Saudi Water Partnership Company (SWPC), and the Chairman of Audit Committee of both the Advanced Petrochemical Co. and the Saudi Water Partnership Company (SWPC).