Microsoft Word - Press_Release_Resignation MD - 2015 -EN - 5

25/05/2015

Almarai announces the resignation of a Board of Directors member (Managing Director) from his executive position in the company and continue as a board member but (Non-Executive).

Almarai announces the resignation of a Board of Directors member, Mr. Abdulrahman bin Abdulaziz Al Muhanna from his current position as Managing Director of Almarai. He will continue to serve as a Non- executive Board Director. He submitted his resignation as Managing Director to the Board on Monday, the 25th of May 2015, which was accepted by the Board of Directors on the same day. His resignation as Managing Director will be effective from 1st of July 2015. Mr. Abdurrahman's withdrawal from his executive role was motivated by personal reasons.
The Chairman of the Board of Directors, HH Prince Sultan bin Mohammed bin Saud Al Kabeer, all Board Members and Almarai staff would like to thank Mr Al-Muhanna for his contribution to the Company during the last 18 years as the Managing Director. They also wish to Mr Al-Muhanna all the best.

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