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RIYAD BANK ANNOUNCES ITS ORDINARY GENERAL MEETING RESULTS

Published : Oct 26, 2016

Riyad Bank Ordinary General Assembly Meeting was held at the sixth hour and a half p.m. on Monday, 10/24/2016G corresponding to 23/01/1438H at Riyad Bank , Head Office premises, King Abdulaziz Road, Riyadh, to elect the members of the Board of Directors for the next three years from the date of 31.10.2016G corresponding to 30/01/1438H from among the candidates for membership of the board of Directors, using cumulative voting.

<p>Riyad Bank Ordinary General Assembly Meeting was held at the sixth hour and a half p.m. on Monday, 10/24/2016G corresponding to 23/01/1438H at Riyad Bank , Head Office premises, King Abdulaziz Road, Riyadh, to elect the members of the Board of Directors for the next three years from the date of 31.10.2016G corresponding to 30/01/1438H from among the candidates for membership of the board of Directors, using cumulative voting.</p><p>The General Assembly, after the completion of the legal required quorum of the votes of shareholders, elected ten members from among the candidates for the board membership.</p><p>Members elected were: - <br /></p><ul><li>Ibrahim Hassan Abbas Sharbatly - candidate of Al Nahla Trading and Contracting Company</li><li>Ibrahim Rashid Abdulrahman Al-Deghather</li><li>Jamal Abdul Karim bin Abdulkarim Al-Ramah</li><li>Talal Ibrahim Abdel Rahman Al-Qudaibi</li><li>Abdul Rahman Amin Hassan Gawah - candidate from the Public Investment Fund</li><li>Abdullah Mohammed Ibrahim Al-Issa</li><li>Aziz Mohammed Mubarak Al-Qahtani</li><li>Mohammed Talal Mohammed Al-Nahas - candidate of Public Pension Agency</li><li>Mohammed Abdulaziz Sulaiman Al-Afaleq</li><li>Mohammad Omair Ayed Al-Otaibi - candidate from the Public Investment Fund</li><li>Moutaz Qusay Hassan al-Azzawi</li><li>Nader Ibrahim Ali Al Wahaibi - candidate of the General Organization for Social Insurance</li><li>Walid Abdul Rahman Ibrahim Al-Issa</li></ul><p>It is expected that the new Board of Directors will hold a meeting within the next few days to elect its Chairman and committees.</p>