Mezzan Holding Board Elects New Chairman

Kuwait, April 18th, 2016 — Mezzan Holding KSCC board announced today that Abdel Rahman Jassim Mohammad Al Wazzan was elected as the new Chairman of the Board of Directors. Mezzan Holding is one of the largest manufacturers and distributors of food, beverage, FMCG and pharmaceutical products in the Gulf.

Abdel Rahman Al Wazzan succeeds the late Khaled Jassim Al Wazzan who had resigned in February 2016 for health reasons. Abdel Rahman Al Wazzan had previously held the position of Vice Chairman of the Board of Directors of Mezzan Holding for two periods; from 2003 to 2010 and from 2012 to 2014; and most recently was Chairman of Widyan Real Estate until March 31, 2016.

Mezzan Holding’s Extraordinary General Meeting of Shareholders that was held on on April 13, 2016 had voted in a new board of directors for a three-year term including Mohammad Jassim Mohammad Al Wazzan, Abdel Rahman Jassim Mohammad Al Wazzan, Motasem Jassim Mohammad Al Wazzan, Jamal Abdulhameed Al Mutawa and Abdulwahab Ahmad Al Marzouq. Suleiman Khaled Jassim Al Wazzan was voted in as a reserve member.

(ENDS)

About Mezzan Holding:
■ Operates in seven countries through 29 subsidiaries with 7,500 employees
■ Distributes over 25,000 Stock Keeping Units (SKU), making it one of the largest operators in terms of SKUs, unit sales, market share and in terms of share of revenues of total consumer spending in consumer categories served by the company
■ Active in various segments of the consumer staple industry supported by long-standing relationships with Johnson & Johnson, Olayan Kimberly-Clark, Reckitt Benckiser, General Mills, Arla Foods, Sara Lee and many other leading brands and manufacturers
■ Serves over 100,000 meals a day in Kuwait, Qatar and the UAE through its catering business
■ Has a total of 130,000 square meters in food, beverage and FMCG manufacturing facilities in Kuwait, Qatar, UAE and Afghanistan
■ Leverages long-standing relationships with private and cooperative supermarkets
■ Vertically integrated into complementary business operations, including packaging, catering, contract services and logistics
■ Food services customers include multinational fast food chains, airline catering services and large food services companies.

Mezzan Holding is a 70-year old company that was listed on Kuwait Stock Exchange in the second quarter of 2015. The company is headquartered in Kuwait with direct operational activities in Kuwait, UAE, Qatar, Saudi Arabia, Iraq, Jordan, and Afghanistan.

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For more information, please contact:
Fatima El-Saadani | Bensirri Public Relations | Tel: +965 999 81334 | email: fatima@bensirri.com