Resignation of Director, H.E. Abdul Salam

Resignation of Director, H.E. Abdul Salam bin Mohammed bin Abdullah Al Murshidi

Bank Muscat would like to inform the market that its Director, H.E. Abdul Salam bin Mohammed bin Abdullah Al Murshidi has been appointed, through Royal Decree No 58/2012, as Chief Executive Officer of the State General Reserve Fund with Special Grade. As a result of this appointment, he has resigned from his position on the Bank's Board of Directors. The Board Nomination and Compensation Committee of the Bank will look to fill the vacant position. The Board of Directors will inform the market when a decision has been made and necessary approvals have been obtained.