تعلن شركة أرامكو السعودية لزيوت الأساس- لوبريف عن استقالة وتعيين رئيس مجلس الإدارة

Saudi Aramco Base Oil Company- Luberef announces the resignation and appointment of the Chairman of the Board 2223 LUBEREF -1.31 % 1447/12/14     31/05/2026 08:00:03 Introduction Saudi Aramco Base Oil Company- Luberef (the “Company”) announces that the Chairman of the Board of Directors submitted his resignation on 4/12/1447H (corresponding to 21/5/2026G) from the Board, as follows: 1. Ibrahim Q. Al-Buainain (Chairman/Member of the Board) The Board of Directors of the Company extend their gratitude and appreciation to Mr. Ibrahim Q. Al-Buainain for his tenure and contributions to the Company. The Board of Directors have also resolved to appoint the following Member to the Board and as Chairman to complete the current Board’s term which ends on 14/8/2027G: 1. Yasser M. Mufti Resigned Member Name Ibrahim Q. Al-Buainain Membership Type Non- Executive Resignation Submission Date 2026-05-21 Corresponding to 1447-12-04 Resignation Effective Date 2026-05-21 Corresponding to 1447-12-04 Membership Starting Date for the Resigned Member 2022-08-14 Corresponding to 1444-01-16 Reasons of Resignation Personal reasons. Appointed Member Name Yasser M. Mufti Membership Type Non- Executive Membership Start Date 2026-05-24 Corresponding to 1447-12-07 Brief Resume of the Appointed Member Mr. Yasser M. Mufti holds a B.Sc. in Electrical Engineering from King Fahd University of Petroleum and Minerals and an MBA from City University of London. He is currently the Executive Vice President of Products & Customers at Saudi Aramco and previously served as Senior Vice President of Fuels, Vice President of Strategy & Market Analysis, and Saudi Arabia’s Governor to OPEC. Concurrent to his executive responsibilities, he serves as Chairman of Valvoline Global Operations (VGO), Yanbu Aramco Sinopec Refining Company (YASREF), Aramco Lubricants & Retail Company (ALURE), Aramco Overseas Company (AOC), Aramco Services Company (ASC), and Saudi Aramco Asia Company (SAAC). He also serves as Board Member of Motiva Enterprises LLC (MOTIVA), Aramco Trading Company (ATC) and Aramco Americas Company (AACO). The date of the approval by other official authorities Not applicable. Date of Board Meeting in which Appointed New Member(s) were Appointed 2026-05-22 Corresponding to 1447-12-05 Board Approval The board’s approval shall not be deemed final. Such appointment will be discussed at the first General Assembly for ratification. 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