The Savola Group announced the approval of its Board of Directors issued on 6th October 2020 on the recommendation of the Remuneration and Nomination Committee (RNC) to appoint Mr. Tareq Abdullah Al-Garaawy as a member in the Audit Committee of Savola Group (as an independent member from outside the Board). The appointment is effective as of the aforesaid Board approval date and until the end of the current office term of the Audit Committee, which shall terminate on September 30, 2022. The appointment of Mr. Tareq Al-Garaawy comes to fill the vacant seat after the resignation of Dr. Amr Kurdi from the Audit Committee membership effective from 1st of May 2020 due to his business commitments. It is worth to mention that Dr. Kurdi was appointed by the General Shareholders Assembly as of 1/7/2019.