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Al Alamiya for Cooperative Insurance Company Announce the Appointment of Board Member, and a member of the Remuneration and Nomination Committee.

Element ListExplanation
Appointed Member Name Mr. Martin Rueegg
Membership Type Non- Executive
Membership Start Date 2019-10-15 Corresponding to 1441-02-16
Brief Resume of the Appointed Member Mr. Martin Rueegg has over 25 years of experience in the insurance industry, where he worked in holding Senior positions with several International Insurance Companies.
Element ListExplanation
Date of Board Meeting in which Appointed New Member(s) were Appointed 2019-10-15 Corresponding to 1441-02-16
Board Approval The Board Decision is not considered as final and this appointment will be presented to the next Shareholders General Assembly for approval.
Additional Information The Board of Directors approved, by circulation, on 15/10/2019G corresponding to 16/02/1441H to appoint Mr. Martin Rueegg as a Non-Executive Board Member representing Royal & Sun Alliance Insurance (Middle East) B.S.C and a member of the Remuneration and Nomination Committee. The appointment is in accordance with SAMA’s no objection letter No. 9738/89 received on 14/10/2019G corresponding to 15/02/1441H . The Board Decision is not considered as final and this appointment will be presented to the next Shareholders General Assembly for approval.

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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