تعلن شركة أكوا باور(“أكوا”) عن تعاقب قيادي في منصب الرئيس التنفيذي وتعيين رئيس تنفيذي جديد

Acwa Power Company (“Acwa”) announces a leadership succession for the CEO position and appointment of new Chief Executive Officer. 2082 ACWA -0.59 % 1447/09/12     01/03/2026 09:07:37 Introduction Acwa Power Company (“Acwa”) announces that the Board of Directors has approved, as part of its structured succession planning process and in consideration of the expiration of Mr. Marco Arcelli’s contract in April 2027, a structured leadership change, including the appointment of Dr. Samir J. Serhan as Chief Executive Officer effective March 1, 2026. Mr. Marco Arcelli will remain with the Company as Advisor to the Chairman to ensure a smooth and orderly transition. The Board of Directors extends its sincere appreciation to Mr. Marco Arcelli for his leadership and contributions during his tenure as Chief Executive Officer of Acwa and wishes Dr. Samir J. Serhan success in his new role. Name of the Resigned Person Mr. Marco Arcelli Resignation Acceptance Date 2026-02-28 Corresponding to 1447-09-11 Resignation Effective Date 2026-03-01 Corresponding to 1447-09-12 Reasons for Resignation Succession planning Appointment Type Appointment Name of the Appointed Person Dr. Samir J. Serhan Date of Board Resolution 2026-02-28 Corresponding to 1447-09-11 Date Work Commencement 2026-03-01 Corresponding to 1447-09-12 Brief Resume Dr. Samir J. Serhan is responsible for the company’s global strategy and operations spanning 15 markets currently. Previously Dr. Samir was Acwa’s President of Saudi Arabia and Middle East, where he was responsible for seven key markets (including Saudi Arabia, UAE, Kuwait, Bahrain, Oman, Jordan, and Iraq). Previously Dr. Serhan was Chief Operating Officer of the US-based company Air Products where he had global responsibility for the company’s operational business and project execution with P&L accountability for the Americas, Asia, Europe, Africa, the Middle East, and India. He also led functions including technology, global engineering, manufacturing, and equipment at Air Products. Earlier in his career he was President, Hydrogen for Praxair. For 14 years, he worked for the Linde Group in leadership positions in the US and Germany, culminating in his role as managing director of Linde Engineering. He brings more than three decades of global leadership experience across large-scale industrial and infrastructure organizations, with a strong track record in driving operational transformation, strengthening institutional capability, and delivering disciplined and profitable growth in complex, capital-intensive environments. Additionally, he served as an adjunct professor at Temple University and The Pennsylvania State University. Dr. Samir holds a Ph.D. in engineering mechanics from Virginia Polytechnic Institute and State University (Virginia Tech). Active in research, he has presented and published more than 40 papers at conferences and in scientific journals around the world. 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 Correction announcement from ACWA Power Co. (Acwa) in regard to its announcement of appointment of a Vice Chairman of the Board of Directors. Correction announcement from ACWA Power Co. (Acwa) in regard to its announcement of appointment of a Vice Chairman of the Board of Directors. 2082 ACWA -0.59 % 1447/10/21     09/04/2026 15:39:48 ACWA Power Co. (Acwa) announces the appointment of a Vice Chairman of the Board of Directors. ACWA Power Co. (Acwa) announces the appointment of a Vice Chairman of the Board of Directors. 2082 ACWA -0.59 % 1447/10/21     09/04/2026 08:02:01 Acwa Power Company announces temporary limitation on power dispatch for two of its solar projects Acwa Power Company announces temporary limitation on power dispatch for two of its solar projects 2082 ACWA -0.59 % 1447/10/14     02/04/2026 15:46:51 View all announcements Company Performance ACWA Add To Watchlist In your Watchlist Add To Watchlist Zoom 1D 1M 3M 1Y 3Y 5Y Inception Created with Highcharts 10.0.0 Highcharts Stock Responsive Chart Click small/large buttons or change window size to test responsiveness 10:30 10:15 10:45 10:30 167.5 167.75 168 168.25 168.5 168.75 169 169.25 169.5 Zoom Zoom ▾ 1M 3M 1Y 3Y 5Y Inception Apr 12, 2026 → Apr 12, 2026 Key Parameters Last Price 168.8 Net Change -1.0 (-0.59%) Value Traded (Sar) 8,819,553.1 Volume Traded 52,359 See The Company Profile Upcoming Calendar Dates 2082 ACWA | 2025-01-05 2082 ACWA Rights Issue| 2024-06-11 2082 ACWA Bonus Shares| 2024-02-29 LoginPortletPopupv2 /wps/contenthandler/!ut/p/digest!21VJh9QC6f6N1ifcfdLHxg/pm/oid:--portletwindowid--@oid:Z6_5A602H80O0HTC060SG6UT81DI3 /wps/contenthandler/!ut/p/digest!21VJh9QC6f6N1ifcfdLHxg/um/secure/currentuser/profile?expandRefs=true Log in to access your watchlist Error Here Error Here Log In Don't Have Account? Register Here Forgot Password? Forgot Password Error Submit Welcome Please select a mode of authentication SMS Verification (OTP) Sent Email Verification (OTP) Sent to Error Send OTP Enter OTP OTP is not valid Confirm Resend AddtoWatchlistv2 NO PORTLET SESSION YET