With reference to the above mentioned subject, and to CMA instructions number (هـ .أ.م. / ق.ر. / إ.م. / 2012/2/2) regarding the disclosure of material information article 9, please note that NIC board of directors approved on 8/1/2014 the appointment of Mr. Fahad Al Mukhaizeem as NIC General Manager subject to CMA approval that was received on 13/3/2014.