United Cooperative Insurance Company announced the approval of receiving the Central Banks no-objection on 11/27/1442 AH corresponding to 7/7/2021 AD to appoint Mr. Ahmed Tawfiq Al Khamies, Mr. Tariq Ali Bin Fayez and Mr. Muhammad Hadi Al-Duwais as members of the Audit Committee (members from outside the Board) starting from the date of the Saudi Central Bank approval until the end of the current cylce which will end on 12/1/2024, the approval of the Central Bank is not final and this appointment will be presented to the first meeting of the General Assembly for approval.