Bawan Company announcement regarding the appointment of the Chairman of the Board of Directors, the Vice Chairman, and the formation of the Board of Directors Committees, and the appointment of the Board Secretary

Element List	Explanation
Announcement Detail	With reference to the results of the Ordinary General Assembly meeting held on Sunday, 29/03/1447H (corresponding to 21/09/2025), which included the election of the Board of Directors for the new term which started on 26/09/2025 and lasting four years until 25/09/2029. Bawan Company announces the Board of Directors’ decision dated 08/04/1447H (corresponding to 30/09/2025) regarding the appointment of the Chairman of the Board of Directors, Vice Chairman, the formation of Board of Directors Committees, and the appointment of the Board Secretary, as follows: First: Appointment of Mr. Fozan Mohammed Al-Fozan (Non-Executive Member) as Chairman of the Board of Directors. Second: Appointment of Mr. Raed Ibrahim Al-Mudaiheem (Non-Executive Member) as Vice Chairman of the Board of Directors. Third: Formation of the Board of Directors Committees: (1) Nomination and Remuneration Committee: 1. Mr. Khalid Abdulrahman Al-Gwaiz (Independent Member) – Committee Chairman. 2. Mr. Fozan Mohammed Al-Fozan (Non-Executive Member) – Committee Member. 3. Mr. Mohammed Abdulaziz Al-Ageel (Independent Member) – Committee Member. (2) Executive Committee: 1. Mr. Fozan Mohammed Al-Fozan (Non-Executive Member) – Committee Chairman. 2. Mr. Raed Ibrahim Al- Mudaiheem (Non-Executive Member) – Committee Member. 3. Mr. Adel Omar Merheb (Independent – from outside the Board) – Committee Member. (3) Sustainability Committee: 1. Mr. Abdulkarim Ibrahim Al-Nafie (Independent Member) – Committee Chairman. 2. Mr. Fozan Mohammed Al-Fozan (Non-Executive Member) – Committee Member. 3. Mr. Ziyad Abdulatif Al-Barak (Executive) – Committee Member. 4. Mr. Abdulhadi Samir Zafar (Executive) – Committee Member. - The Committees will begin their duties at 30/09/2025 and conclude at the end of the Board of Directors term. - The formation of the Audit Committee will be announced in a separate announcement. Fourth: Appointment of the Board of Directors Secretary: Mr. Abdulhadi Samir Zafar has been appointed as Secretary of the Board of Directors.

Element List

Explanation

Announcement Detail

With reference to the results of the Ordinary General Assembly meeting held on Sunday, 29/03/1447H (corresponding to 21/09/2025), which included the election of the Board of Directors for the new term which started on 26/09/2025 and lasting four years until 25/09/2029.

Bawan Company announces the Board of Directors’ decision dated 08/04/1447H (corresponding to 30/09/2025) regarding the appointment of the Chairman of the Board of Directors, Vice Chairman, the formation of Board of Directors Committees, and the appointment of the Board Secretary, as follows:

First: Appointment of Mr. Fozan Mohammed Al-Fozan (Non-Executive Member) as Chairman of the Board of Directors.

Second: Appointment of Mr. Raed Ibrahim Al-Mudaiheem (Non-Executive Member) as Vice Chairman of the Board of Directors.

Third: Formation of the Board of Directors Committees:

(1) Nomination and Remuneration Committee:

1. Mr. Khalid Abdulrahman Al-Gwaiz (Independent Member) – Committee Chairman.

2. Mr. Fozan Mohammed Al-Fozan (Non-Executive Member) – Committee Member.

3. Mr. Mohammed Abdulaziz Al-Ageel (Independent Member) – Committee Member.

(2) Executive Committee:

1. Mr. Fozan Mohammed Al-Fozan (Non-Executive Member) – Committee Chairman.

2. Mr. Raed Ibrahim Al- Mudaiheem (Non-Executive Member) – Committee Member.

3. Mr. Adel Omar Merheb (Independent – from outside the Board) – Committee Member.

(3) Sustainability Committee:

1. Mr. Abdulkarim Ibrahim Al-Nafie (Independent Member) – Committee Chairman.

2. Mr. Fozan Mohammed Al-Fozan (Non-Executive Member) – Committee Member.

3. Mr. Ziyad Abdulatif Al-Barak (Executive) – Committee Member.

4. Mr. Abdulhadi Samir Zafar (Executive) – Committee Member.

- The Committees will begin their duties at 30/09/2025 and conclude at the end of the Board of Directors term.

- The formation of the Audit Committee will be announced in a separate announcement.

Fourth: Appointment of the Board of Directors Secretary:

Mr. Abdulhadi Samir Zafar has been appointed as Secretary of the Board of Directors.