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THE SAVOLA GROUP ANNOUNCES THE APPOINTMENT OF ITS CHIEF EXECUTIVE OFFICER (CEO) 2050 SAVOLA GROUP 0.00 % 1439/05/14     31/01/2018 08:56:57 Further to the Savola Group (The Group) previous announcement dated 14/11/2017, regarding the resignation of its CEO, the Group would like to announce its Board of Directors decision dated 30/1/2018 to appoint Eng. Anees Ahmed Moumina in the position of the CEO of the Group, based on the recommendation of the Remuneration and Nomination Committee. Eng. Anees Moumina will start officially his role as the CEO of the Group effective 1/4/2018. The Board also decided to appoint H.E Eng. Abdullah Mohammad Noor Rehaimi, (current member of the Savola Group Board of Directors), to serve as an acting CEO for the period from 8/2/2018 until 31/3/2018, as the resignation of the current CEO will take effect from 8/2/2018 as announced on Tadawul website on 14/11/2017. Eng. Rehaimi holds a Bachelor of Mechanical Engineering, King Fahad University of Petroleum and Minerals Sciences in Dhahran, Saudi Arabia (1975). He was President of the General Authority of Civil Aviation until March, 2010. He also assumed the role of MD & CEO of the Savola Group about two years ago. It's worth mentioning that Eng. Anees Moumina holds a Master of Science in Engineering Administration with honors and a Bachelor of Science in Civil Engineering with honors, both from George Washington University, USA. In addition, he has over 25 years of experience in the private sector and the financial services industry, as he was previously the CEO of SEDCO Holding Group, and worked with the Samba Financial Group where he advanced to roles including General Manager and Senior Credit Officer. Additionally, he worked with Proctor & Gamble Co. His career has given him experience across a variety of business sectors including: retail, education, healthcare, hospitality, real estate development, manufacturing, transportation, and financial investments. Currently, he serves on a number of companies financial Institutions boards. Furthermore, he has completed a number of extended executive programs including the Global Leadership Program at Harvard University, the Senior Executive Management Program at Columbia University, and the Global CEO Program at Wharton University. In this respect, the Board welcome Eng. Anees Moumina and wish him all the success in his new capacity as a CEO of the Savola Group, and once again thanked Eng. Rayan Fayez for his contribution towards the Group's accomplishments as Group CEO for his office term. The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. Share Previous Announcements The Savola Group Announces the Recommendation of Its Board of Directors to Distribute Cash Dividends to its Shareholders for the Year 2025 The Savola Group Announces the Recommendation of Its Board of Directors to Distribute Cash Dividends to its Shareholders for the Year 2025 2050 SAVOLA GROUP 0.00 % 1447/09/19     08/03/2026 08:03:22 Savola Group Announces its Annual Financial Results for the Year Ended on 31/12/2025. Savola Group Announces its Annual Financial Results for the Year Ended on 31/12/2025. 2050 SAVOLA GROUP 0.00 % 1447/09/19     08/03/2026 08:03:14 The Savola Group Announces the latest development related to the buyback of its Shares The Savola Group Announces the latest development related to the buyback of its Shares 2050 SAVOLA GROUP 0.00 % 1447/05/29     20/11/2025 15:41:50 View all announcements Company Performance SAVOLA GROUP Add To Watchlist In your Watchlist Add To Watchlist Zoom 1D 1M 3M 1Y 3Y 5Y Inception Created with Highcharts 10.0.0 Chart context menu Highcharts Stock Responsive Chart Rakeshtest 10:02 10:04 26 26.05 26.1 26.15 Zoom Zoom ▾ 1M 3M 1Y 3Y 5Y Inception Apr 13, 2026 → Apr 13, 2026 Key Parameters Last Price 26.02 Net Change 0.0 (0.0%) Value Traded (Sar) 814,593.82 Volume Traded 31,298 See The Company Profile Upcoming Calendar Dates 2050 SAVOLA GROUP Bonus Shares| 2099-09-18 2050 SAVOLA GROUP | 2099-03-15 2050 SAVOLA GROUP Acquisition| 2098-10-03 LoginPortletPopupv2 /wps/contenthandler/!ut/p/digest!1PvQDl8KIkR1BvRyrhVzGQ/pm/oid:--portletwindowid--@oid:Z6_5A602H80O0HTC060SG6UT81DI3 /wps/contenthandler/!ut/p/digest!1PvQDl8KIkR1BvRyrhVzGQ/um/secure/currentuser/profile?expandRefs=true Log in to access your watchlist Error Here Error Here Log In Don't Have Account? 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