News & Announcements

GHIDA ALSULTAN

29 April, 2024 15:45

Ghida Alsultan for Fast Food Co. Announces Resignation and Appointment of Deputy Chairman of the Board of Directors

Element List	Explanation
Introduction	Ghida aslultan Company for Fast Food announces the resignation of Mr Sidki Hamid Sidqah Alnejami. from his position as Deputy Chairman of the Board of Directors, effective from 20/10/1445 H corresponding to 29/04/2024 AD, due to personal reasons. The Board has also decided to appoint Prince Mansour bin Saad bin Mohammed Al Saud as Deputy to the Board of Directors, filling the vacant position, effective from 21/10/1445 H corresponding to 30/04/2024 AD, in order to complete the current term of the Board, which ends on 22/11/2024 AD. The Board of Directors extends its sincere thanks and appreciation to Mr Sidki Hamid Sidqah Alnejami for his efforts during his tenure as a member of the Board. The Board wishes Prince Mansour bin Saad Al Saud success and prosperity in his new role as Deputy to the Board of Directors.

Element List

Explanation

Introduction

Ghida aslultan Company for Fast Food announces the resignation of Mr Sidki Hamid Sidqah Alnejami. from his position as Deputy Chairman of the Board of Directors, effective from 20/10/1445 H corresponding to 29/04/2024 AD, due to personal reasons. The Board has also decided to appoint Prince Mansour bin Saad bin Mohammed Al Saud as Deputy to the Board of Directors, filling the vacant position, effective from 21/10/1445 H corresponding to 30/04/2024 AD, in order to complete the current term of the Board, which ends on 22/11/2024 AD. The Board of Directors extends its sincere thanks and appreciation to Mr Sidki Hamid Sidqah Alnejami for his efforts during his tenure as a member of the Board. The Board wishes Prince Mansour bin Saad Al Saud success and prosperity in his new role as Deputy to the Board of Directors.

Element List	Explanation
Resigned Member Name	Sidki Hamid Sidqah Alnejami
Membership Type	Independent
Resignation Submission Date	2024-04-29 Corresponding to 1445-10-20
Resignation Effective Date	2024-04-30 Corresponding to 1445-10-21
Membership Starting Date for the Resigned Member	2021-11-22 Corresponding to 1443-04-17
Reasons of Resignation	personal reasons

Element List	Explanation
Appointed Member Name	Prince Mansour bin Saad bin Mohammed Al Saud
Membership Type	Independent
Membership Start Date	2024-04-30 Corresponding to 1445-10-21
Brief Resume of the Appointed Member	Prince Mansour bin Saad bin Mohammed Al Saud holds a Bachelor's degree in Industrial Engineering and a Master's degree in Business Administration. He has over 20 years of experience in company management, having worked in various executive positions. He also holds multiple memberships in boards of directors and committees
The date of the approval by other official authorities	N/A

Element List	Explanation
Date of Board Meeting in which Appointed New Member(s) were Appointed	2024-03-27 Corresponding to 1445-09-17
Board Approval	Board Approval May not be Deemed Final, this Appointment Shall Be Put before the First General Assembly Meeting for Approval

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