Al-Nawadi Holding Company held its Extraordinary General Meeting (EGM) on 21 April 2022 at the company’s headquarters and passed a resolution amending Article (13) of its Articles of Association, as follows: The management of the company is assumed by a board of directors consisting of (3) three members, appointed by the entity or entities that are entitled to appoint such members, pursuant to the provisions of Law No. 1 of 2016. The remaining members shall be elected by a secret ballot.