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BUPA ARABIA FOR COOPERATIVE INSURANCE COMPANY ANNOUNCES THE RESIGNATION OF A BOARD MEMBER

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Introduction Bupa Arabia for Cooperative Insurance Co. announces:

The submission of the resignation of Mr. Simeon Preston, as Non-Executive Board Member, representing the major foreign shareholder, Bupa Investments Overseas Limited (BIOL), on 1 July 2019G, effective 1 July 2019G, and having been accepted by the Board in its Board meeting on 1 July 2019G, due to the major foreign shareholder wanting to change one of its Board member representatives.

That the replacement BIOL Board member representative will be announced in due course, subject to regulatory approvals, and the new Board member appointment will thereafter be subject to the approval of the public shareholders in a future General Assembly meeting, and which will be advised at a later date.

Mr. Simeon Preston commenced the current Bupa Arabia Board term, on 1 July 2019, as Non-Executive Board Member.

Element ListExplanation
Resigned Member Name Mr. Simeon Preston
Membership Type Non- Executive
Resignation Date 2019-07-01 Corresponding to 1440-10-28
Accepting Resignation Date 2019-07-01 Corresponding to 1440-10-28
Resignation Effective Date 2019-07-01 Corresponding to 1440-10-28
Reasons of Resignation Due to the major foreign shareholder wanting to change one of its Board member representatives.

The Capital Market Authority and the Saudi Stock 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.

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