The Extraordinary General Assembly of AlDawly Takafiul Insurance Company held on June, 12th 2024, approved amending Article No. (13) of its Articles of Association to become as follows:  

The company will be governed by a Board of Directors comprised of seven members elected by the General Assembly through secret ballot, including two independent members. Each shareholder, whether an individual or a legal entity, may appoint representatives from the pool of elected Board members.  

Shareholders with representatives on the Board may only appoint representatives based on the percentage of ownership that exceeds the criteria used for their appointments. Additionally, a group of shareholders may form an alliance to collectively appoint one or more representatives to the Board according to their combined ownership percentage. Board membership will have a term of three years, which is renewable.