East Pipes Integrated Company for Industry Announces the Appointment of the Chairman of the Board of Directors and his Deputy, the Board Secretary, Formation the Nomination and Remuneration Committee, and the appointment of the company’s representatives
| Element List | Explanation |
|---|---|
| Announcement Detail | Reference to the results of the Extraordinary General Assembly meeting of the company held on 24/02/1447, corresponding to 18/08/2025, during which the Board of Directors for its new term was elected, starting from 21/09/2025 for a period of four gregorian years ending on 20/09/2029.
The company announces the decisions of the Board of Directors issued at its first meeting held on 30/03/1447, corresponding to 22/09/2025, as follows:
First: Appointment of Mr. Vipul Shiv Sahai Mathur (Non-Executive Member) as Chairman of the Board. And Mr. Yazeed Abdulrahman Nasser Altoaimi (Independent Member) as Vice Chairman of the Board.
Second: Appointment of Dr. Mohammed Saleh Ali Darweesh as Secretary of the Board.
Third: Formation of the Remuneration and Nominations Committee, which will begin its work from 22/09/2025 until 20/09/2029. as follows: 1. Suhail Amin Nathani - Board Member – Independent (Chairman) 2. Yazeed Abdulrahman Altoaimi - Board Member - Independent 3.Percy Birdy - Board Member outside the board - Member from outside the Board Non -Independent
Fourth: Appointing the company's representatives with Capital Market Authority (CMA), Saudi Stock Exchange (Tadawul), and Securities Depository Center (Edaa), for all matters related to the implementation of the Capital Market Law and its implementing regulations.
be informed that the Board of Directors will, later-on, form both (Executive Committee, and Audit Committee). The names of the Audit Committee members will be announced in due course, in accordance with the applicable regulatory requirement. |
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