تعلن شركة المتوسط والخليج للتأمين وإعادة التأمين التعاوني (ميدغلف) عن استقالة وتعيين عضو لجنة المراجعة

The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (MEDGULF) Announces Resignation and Appointment of Audit Committee Member 8030 MEDGULF 0.49 % 1447/08/16     04/02/2026 16:05:07 Introduction The Mediterranean & Gulf Cooperative Insurance & Reinsurance Company (MEDGULF) announces that the Board of Directors, in its meeting dated 22/07/1447 (corresponding to 11/01/2026), approved the resignation of Mr. Faisal bin Abdullah Al-Jasir from his membership of the Audit Committee, and the appointment of Mr. Ziyad bin Bassam Al-Bassam as a member of the Audit Committee, effective from the date of approval by the Insurance Authority. The Board of Directors extends its sincere gratitude and appreciation to Mr. Faisal bin Abdullah Al-Jasir for his valuable efforts and contributions during his tenure on the Audit Committee, and wishes him continued success and prosperity in his roles on the Company’s Board of Directors and the Risk Committee. Name of Resigning Member Faisal bin Abdullah Al-Jasir Resignation Submission Date 2026-01-11 Corresponding to 1447-07-22 Resignation Effective Date 2026-02-04 Corresponding to 1447-08-16 Reasons for Resignation In response to his desire not to continue as a member of the committee after the completion of the relevant stage of the merger process, and in line with the Board of Directors’ desire to provide an opportunity to include a member from the merged company to represent it on the committee, and to enable him to contribute his expertise to its work during the next stage. Resigning Member Start Date 2025-05-08 Corresponding to 1446-11-10 Appointed Member Name Ziyad bin Bassam Al-Bassam Membership Start Date 2026-02-04 Corresponding to 1447-08-16 Brief Resume of the Appointed Member Holds a Bachelor's degree in Business Administration from King Abdulaziz University in Jeddah, with over 36 years of experience in real estate development, insurance, and trade. He has held several leadership positions, most notably as CEO of Al Bassam Group and Board Member of Buruj Cooperative Insurance Company, and is recognized as a distinguished professional in business management and real estate investment. The date of the approval by other official authorities 16/08/1447 corresponding to 04/02/2026 Date of Board Meeting in which Appointed New Member(s) were Appointed 2026-01-11 Corresponding to 1447-07-22 Additional Information Not Applicable 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 Mediterranean and Gulf Insurance and Reinsurance Co. announces its Annual Financial Results for the Period Ending on 2025-12-31 The Mediterranean and Gulf Insurance and Reinsurance Co. announces its Annual Financial Results for the Period Ending on 2025-12-31 8030 MEDGULF 0.49 % 1447/10/05     24/03/2026 07:44:24 The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (MEDGULF) Announces that it has obtained an Insurer Financial Strength (IFS) Rating of 'BBB' and a National IFS Rating of 'A+(sau)' with a Stable Outlook from Fitch Ratings The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (MEDGULF) Announces that it has obtained an Insurer Financial Strength (IFS) Rating of 'BBB' and a National IFS Rating of 'A+(sau)' with a Stable Outlook from Fitch Ratings 8030 MEDGULF 0.49 % 1447/08/29     17/02/2026 08:01:54 The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (MEDGULF) Announces Resignation and Appointment of Audit Committee Member The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (MEDGULF) Announces Resignation and Appointment of Audit Committee Member 8030 MEDGULF 0.49 % 1447/08/16     04/02/2026 16:05:07 View all announcements Company Performance MEDGULF 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 10:10 10:20 10:30 10:40 10:30 14.1 14.15 14.2 14.25 14.3 14.05 Zoom Zoom ▾ 1M 3M 1Y 3Y 5Y Inception Apr 12, 2026 → Apr 12, 2026 Key Parameters Last Price 14.28 Net Change 0.07 (+0.49%) Value Traded (Sar) 1,495,770.9 Volume Traded 105,223 See The Company Profile Upcoming Calendar Dates 8030 MEDGULF Merge| 2025-07-27 8030 MEDGULF | 2025-05-08 8030 MEDGULF Capital Reduction| 2020-10-06 LoginPortletPopupv2 /wps/contenthandler/!ut/p/digest!P3K_cCWfnamAm0lpwKmvmA/pm/oid:--portletwindowid--@oid:Z6_5A602H80O0HTC060SG6UT81DI3 /wps/contenthandler/!ut/p/digest!P3K_cCWfnamAm0lpwKmvmA/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