SMN Power Holding SAOG announced that the Company's board of directors has passed the following resolution dated 19th July 2023: Approval of the appointment of Mr. Mahinder Nath as temporary member of the board of directors of the Company until the next ordinary general meeting of the Company. Mr. Nath holds a degree in Mechanical Engineering with specialisation in power technology from Delhi University, India with significant experience in the fields of project management, operating assets acquisition and divestment and asset management and EPC contracting. Mr. Nath is currently working as a Senior Advisor in Mubadala Investment Company.