Salama Cooperative Insurance Company announced appointment of Mr. Mountasar Mohammed Foudah ? as the Chairman of the Board (Independent). The appointment of Mr. Adnan Jameel Khoja - as the Vice Chairman of the Board (Non-Executive).

Formation of the Executive Committee: Mr. Mountasar Mohammed Foudah - as the Chairman (independent); Mr. Bader Khalid Alanzi - Member (Executive); Mr. Khaled Mohammed Salem Bajnaid - Member (Non-Executive); Formation of the nomination and Remuneration Committee: Mr. Wael Abdulrahman Albassam - Chairman (Independent); Mr. Abdullah Adel Sultan - Member (Independent); Mr. Adnan Jameel Khoja - Member (Non-Executive); Formation of the Investment Committee: Mr. Khaled Mohammed Salem Bajnaid - Chairman (Non-Executive); Mr. Bader Khalid Alanzi - Member (Executive); Mr. Abdullah Adel Sultan - Member (Independent). Formation of the risk Committee: Mr. Adnan Jameel Khoja - Chairman (Non-Executive); Mr. Wael Abdulrahman Albassam - Member (Independent) and Mr. Mountasar Mohammed Foudah - Member (Independent).