United Electronics Company announced the resignation of Mr. Khaled Malik Al Ghaleb Al-Sharif from the membership of the Board of Directors of the company and approved the appointment of Mr. Abdullatif Ali Abdullatif Al-Fozan, as a member to fill the vacant seat in the Board of Directors (non-executive member) of the United Electronics Company (eXtra). Mr. Abdul Latif Ali Abdul Latif AlFozan holds a Bachelors degree in Economics from the University of Toronto. Mr. Abdul Latif worked as a director in corporate banking at Banque Saudi Fransi, a consultant for mergers and acquisitions in Ernst and Young, and a director of business development and director of corporate investment in AlFozan Holding Company, he is the founder and managing director of Asnad Health Solutions Company, and he currently hold the position of Chief Operating Officer at Al Fozan Holding Company.

Mr. Abdul Latif also hold the position of a member of the Board of Directors, membership of committees and the Board of Directors of a number of Saudi companies.