Announcement by Osool & Bakheet Investment Company regarding a change of the board membership for AL-Maather REIT Fund

Sunday, March 27, 2022 at 10:32 AM

 Osool & Bakheet Investment Company announces a change in the membership of the board of AL-Maather REIT Fund due to resignation of board member Mr.Abdulaziz Abdulrahman Al Omran (non Independent) as of 21/08/1443  H., corresponding to 24/03/2022  G. The formation of the board after the change shall be:

1-    Ziad Hamad M. Alrugaib- non Independent member – chairman.

2-    Adeeb Mohammaed Abanmi- Independent member

3-    Abdulrahman Ibrahim Al mudaimigh- Independent member

4-    Mazin Mohammed AlDawood- non Independent member

5-    Hisham A. Tuffaha-non Independent member

The Fund Manager and the members of the Board would like to thank and appreciate Mr. Abdulaziz Al-Omran for his efforts in the previous period and his role in the membership of the Board since the foundation of the Fund, wishing him continued success.