The extraordinary general assembly of Al-Nakheel Real Estate Company, which was held on Wednesday, August 7, 2024, agreed to amend Article No. (14) of its Articles of Association to read as follows:
The company shall be managed by a board of directors consisting of (4) members, from whom the entity or entities that may delegate representatives to the board of directors and shall be appointed in proportion to the shares they own in the companies, and the general assembly shall also elect the remaining members by secret ballot.