Saudi Telecom Company (stc) announces the appointment of the Chairman and Vice Chairman of the Board of Directors, the appointment of the Company’s representatives to the Capital Market Authority, Saudi Stock Exchange, Securities Depository Center Company and the formation of the Board Committees

ELEMENT LIST	EXPLANATION
Announcement Detail	Saudi Telecom Company - stc- (the company) is pleased to announce to its shareholders that the board of directors in its three years new term (starting on 28-04-2021 and ending on 27-04-2024) as elected by the Extraordinary General Assembly meeting on 26-04-2021, held its first meeting on 29-04-2021 and issued the following resolutions: First: Approve the appointment of HRH Prince Mohammed K. A. Al-Faisal (Independent) as Chairman of the Board of Directors. Second: Approve the appointment of Mr. Yazeed A. AlHumied (Non-Executive) as Vice Chairman of the Board of Directors. Third: Approve the appointment of the company's representatives to the Capital Market Authority, Saudi Stock Exchange (Tadawul) and Securities Depository Center Company (Edaa) as follows: 1. Mr. Waleed I. Shukri (Borad Member) 2. Ameen F. Alshiddi (CFO) Forth: Approve the formation of the Executive Committee members as follows: 1. HRH Prince Mohammed K. A. Al-Faisal, Independent ( Chairman of the Committee) 2. H.E. Dr. Khaled H. Biyari, Non-Executive (Member). 3. H.E. Mr. Mohammed T. Alnahhas ,Independent (Member). 4. Mr. Yazeed A. AlHumied, Non-Executive (Member). 5. Mr. Sanjay Kapoor, Non-Executive (Member). Fifth: Approve the formation of the Nominations and Remuneration Committee members as follows: 1. Mr. Jameel A. AlMulhem , Independent) Chairman of the Committee) 2. Ms. Rania M. Nashar, Non-Executive (Member). 3. Ms. Huda M. AlGhoson (External Member) 4. Mr. John Brand (External Member) Sixth: Approve the formation of the Investment Committee members as follows: 1. HRH Prince Mohammed K. A. Al-Faisal, Independent (Chairman of the Committee) 2. Mr. Arndt F. Rautenberg, Non-Executive (Member). 3. Ms. Sara J. AlSuhaimi , Independent (Member). 4. Mr. Rashid I. Sharif (External Member) Seventh: Approve the formation of the Risk Committee members as follows: 1. Ms. Rania M. Nashar , Non-Executive (Chairman of the Committee) 2. Mr. Ahmed M. Alomran, Non-Executive (Member). 3. Eng. Tarek A. Alrikhaimi (External Member)

ELEMENT LIST

EXPLANATION

Announcement Detail

Saudi Telecom Company - stc- (the company) is pleased to announce to its shareholders that the board of directors in its three years new term (starting on 28-04-2021 and ending on 27-04-2024) as elected by the Extraordinary General Assembly meeting on 26-04-2021, held its first meeting on 29-04-2021 and issued the following resolutions:

First: Approve the appointment of HRH Prince Mohammed K. A. Al-Faisal (Independent) as Chairman of the Board of Directors.

Second: Approve the appointment of Mr. Yazeed A. AlHumied (Non-Executive) as Vice Chairman of the Board of Directors.

Third: Approve the appointment of the company's representatives to the Capital Market Authority, Saudi Stock Exchange (Tadawul) and Securities Depository Center Company (Edaa) as follows:

1. Mr. Waleed I. Shukri (Borad Member)

2. Ameen F. Alshiddi (CFO)

Forth: Approve the formation of the Executive Committee members as follows:

1. HRH Prince Mohammed K. A. Al-Faisal, Independent ( Chairman of the Committee)

2. H.E. Dr. Khaled H. Biyari, Non-Executive (Member).

3. H.E. Mr. Mohammed T. Alnahhas ,Independent (Member).

4. Mr. Yazeed A. AlHumied, Non-Executive (Member).

5. Mr. Sanjay Kapoor, Non-Executive (Member).

Fifth: Approve the formation of the Nominations and Remuneration Committee members as follows:

1. Mr. Jameel A. AlMulhem , Independent) Chairman of the Committee)

2. Ms. Rania M. Nashar, Non-Executive (Member).

3. Ms. Huda M. AlGhoson (External Member)

4. Mr. John Brand (External Member)

Sixth: Approve the formation of the Investment Committee members as follows:

1. HRH Prince Mohammed K. A. Al-Faisal, Independent (Chairman of the Committee)

2. Mr. Arndt F. Rautenberg, Non-Executive (Member).

3. Ms. Sara J. AlSuhaimi , Independent (Member).

4. Mr. Rashid I. Sharif (External Member)

Seventh: Approve the formation of the Risk Committee members as follows:

1. Ms. Rania M. Nashar , Non-Executive (Chairman of the Committee)

2. Mr. Ahmed M. Alomran, Non-Executive (Member).

3. Eng. Tarek A. Alrikhaimi (External Member)