Fitaihi Holding Group announced that, the board of directors of Al-Jouf Agricultural Development Co. has approved the appointment of Mr. Omar Riyadh Mohammed Alhumaidan (non-executive), a member of the board of directors of Fitaihi Holding Group, as a representative member of Fitaihi Group in the board of directors of AlJouf Agricultural Development Company Mr. Omar will start practicing his membership starting from April 27, 2016 up to March 21, 2018. This appointment supports the investment strategy of the Group.

Fitaihi Group will study the financial impact of this appointment and will announce it in due time.