إعلان شركة دار الماجد العقارية عن تشكيل أعضاء لجنة المراجعة

Announcement of Dar Al Majed Real Estate Company Regarding the Formation of the Audit Committee 4326 ALMAJDIAH 0.35 % 1447/10/27     15/04/2026 08:01:23 Introduction Dar Al Majed Real Estate Company (Al Majdiah) announces the formation of the Audit Committee for the Board term commencing on 13-04-2026G, based on the Board of Directors’ resolution, as follows: Appointed Member Name Dr. Abdulrahman bin Mohammed Al-Barrak Membership Start Date 2026-04-14 Corresponding to 1447-10-26 Brief Resume of the Appointed Member Dr. Abdulrahman bin Mohammed Al-Barrak serves as Chairman and member of several boards of governmental entities and private companies, in addition to chairing and serving on committees emanating from such boards. He has extensive and specialized experience in capital markets, particularly in company listings and corporate governance. Throughout his professional career, Dr. Al-Barrak has held several senior leadership positions, most notably Vice Chairman of the Capital Market Authority, Chairman of Thiqah Business Services Company, and Chairman of MEDGULF Insurance Company. In the area of audit committees, he chairs and serves on a number of committees, including Chairman of the Audit Committee at Elm Company, Chairman of the Audit Committee at BinDawood Holding Company, Chairman of the Audit and Risk Committee at Badael Company, and Chairman of the Audit Committee at the Zakat, Tax and Customs Authority. Dr. Al-Barrak holds a PhD in Finance from Newcastle University, United Kingdom, a Master’s degree in Finance from the University of Colorado, USA, and a Bachelor’s degree in Accounting from King Faisal University. He has also participated in several advanced executive and leadership programs offered by globally renowned institutions, including Harvard University and Stanford University in the United States, and IMD in Switzerland. The date of the approval by other official authorities N/A Appointed Member Name Mr. Mohammed bin Abdullah Al-Qassim Membership Start Date 2026-04-14 Corresponding to 1447-10-26 Brief Resume of the Appointed Member Mr. Mohammed bin Abdullah Al-Qassim serves as a member of the Audit Committee of Dar Al Majed Real Estate Company, bringing extensive experience in financial governance. He also serves on the audit committees of Hassana Investment Company, Al Arabi Financial Company, and Maarif Education Company. He currently serves as Chief Executive Officer of Kafa’a Investment Company, where he leads strategic investment initiatives and oversees portfolio management, investment strategies, audit, and risk management functions. He previously served as a Board member of Dayul International Company and as Chairman of the Audit Committee at Umm Al Qura for Development and Construction Company (Masar). He also held several leadership positions at the General Organization for Social Insurance and worked as a financial advisor across various sectors. He holds a Master’s degree in Risk Management from the University of New South Wales and a Bachelor’s degree in Commerce (Accounting and Finance) from the University of Sydney. He is also a Chartered Alternative Investment Analyst (CAIA). The date of the approval by other official authorities N/A Appointed Member Name Mr. Mohammed bin Mahmoud Abu Dhiab Membership Start Date 2026-04-14 Corresponding to 1447-10-26 Brief Resume of the Appointed Member He has over 20 years of experience in internal audit, risk management, governance, and compliance. He currently serves as Chief Audit Executive at the Arabian Agricultural Services Company (ARASCO). He holds several international professional certifications, including Certified Internal Auditor (CIA), Certified Fraud Examiner (CFE), Certified Information Systems Auditor (CISA), and Certification in Risk Management Assurance (CRMA), in addition to Capital Market Authority certifications (CME-1, CME-2, CME-3). He previously worked with several entities and served on audit committees of various companies, with advanced expertise in building control and audit frameworks. The date of the approval by other official authorities N/A Appointed Member Name Mr. Mohammed bin Ahmed Al-Kulaib Membership Start Date 2026-04-14 Corresponding to 1447-10-26 Brief Resume of the Appointed Member He has more than 20 years of experience in financial management and accounting and currently serves as Chief Financial Officer of Riyadh Development Company. He previously served as Chief Financial Officer at the Arabian Agricultural Services Company (ARASCO) and as Finance Manager at Jubail Petrochemical Company (KEMYA). He has extensive experience in financial reporting, control, and budgeting within listed companies and serves on audit committees of several companies. He holds a Master of Business Administration from Murray State University and a Bachelor’s degree in Accounting from King Faisal University. He is also a Certified Management Accountant (CMA). The date of the approval by other official authorities N/A Date of Board Meeting in which Appointed New Member(s) were Appointed 2026-04-14 Corresponding to 1447-10-26 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