Yalla Group announces board changes

DubaiUnited Arab Emirates, August 1, 2022 /PRNewswire/ — Yalla Group Limited (“Yalla” or “The Company”) (NYSE: YALA), is the world’s leading voice-centric social networking and entertainment platform. Middle East And North Africa (MENA) today announced that after a rigorous selection process, Mr. Mohamed Al Ghaneem has been appointed as an independent director on the Board of Directors (“Board”) of the Company. Mr. al ghanim Will also serve as a member of the Nominating and Corporate Governance Committee.

on Mr. al ghanimso Appointment, the Board accepted Mr. of Osman Sultan Resignation. Mr. Osman Sultan Resigned from the board as an independent director and nominee and member of the Corporate Governance Committee to focus on his other professional responsibilities.

“It has been a real privilege to work with all the great minds at Yalla,” said Mr. Sultan. “I truly believe that with its unparalleled localization capabilities, state-of-the-art technologies and thought leadership, Yalla will build on its success and gain an even greater presence in the MENA market.”

Tao Yang, Chairman and Head of the Board, said, “Osman’s in-depth knowledge of the telecommunications industry and his extensive leadership experience have been invaluable to the company in successfully navigating through challenges to achieve its tremendous growth momentum over the past two years. ” executive Officer. “On behalf of the Board, I would like to take this opportunity to express my sincere appreciation to Osman for his service on the Board and his contribution to the Company. We wish him every success in the future.”

Mr. al ghanim He is a renowned Telecom Specialist with an extensive regulatory background. He is the founder and former Director General of the United Arab Emirates Telecommunications and Digital Government Regulatory Authority (“TDRA”). From 2004 to 2018 Mr. al ghanim TDRA took the lead in successfully designing and implementing a regulatory framework for the sector. He also improved the UAE’s global competitiveness in the telecommunications sector by promoting technical prowess and national human capital. Apart from his work at TDRA, Mr. al ghanim He has held notable positions across the industry, including Vice President of the UAE Information and Communications Technology Fund from 2006 to 2009, President of the UAE Institute for Advanced Science and Technology from 2006 to 2009, and Board Member of the National Media Council from 2008 to 2010. , Mr. al ghanim Received BA with Excellence and Honors in Engineering from Khalifa University in 1994. Currently, he serves as a Senior Partner at Alpha Alliance Consultancy Company, a Board Member of Flash Entertainment and a Member of the Audit Committee of Abu Dhabi Motorsports Management.

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“We are extremely pleased to welcome Mr. al ghanim to our board. As an expert who has made significant contributions in both academic and professional fields, there is no doubt that Mr. al ghanim Yalla’s unique and valuable approach,” Tao Yang continued. al ghanim Join our team as the company continues to unlock its limitless potential.”

“Yalla has the products, technology and people needed to make Yalla the most popular online social networking and entertainment destination in the MENA region. I am honored to have this role on the board of Yalla and be a part of the company’s journey ahead. I am,” said Mr. al ghanim,

About Yalla Group Limited

Yalla Group Limited is India’s largest voice centric social networking and entertainment platform Middle East And North Africa (mena). The company operates two major mobile applications, Yalla, a voice-centric group chat platform, and Yalla Ludo, a casual gaming application featuring online versions of the board game with in-game voice chat and localized Majlis functionality. Popular in Maina. Building on the success of Yalla and Yalla Ludo, the company has expanded its content, creating a regionally focused, integrated ecosystem dedicated to meeting the evolving online social networking and entertainment needs of MENA users. Is. The ecosystem includes YallaChat, an IM product tailored for Arabic users; Waha, a social networking product designed for the metaverse; And games like Yalla Baloot and 101 Okey Yalla have been developed to maintain vibrant local gaming communities in the region. Yalla, also actively exploring outside MENA, has launched Yalla Parchis, a Ludo game designed for the South American markets. Yalla’s mobile apps deliver a seamless experience that fosters loyalty and a sense of belonging, establishing highly dedicated and engaged user communities through expansive and local appeal that resonates deeply with its users. In addition, through its holding subsidiary, Yalla Games Ltd., the company has expanded its capabilities in mid-core and hard-core game distribution in the MENA region, leveraging its local expertise to bring exciting new content to its users. has expanded.

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For more information please visit: https://ir.yallagroup.com.

For investor and media inquiries, please contact:

Yalla Group Limited
investor relations
sing kerry – IR Director
Tel: +86-571-8980-7962
E-mail: [email protected]

Piacente Group, Inc.
yang song
Tel: +86-10-6508-0677
E-mail: [email protected]

In United States,
Piacente Group, Inc.
brandy piacante
Tel: +1-212-481-2050
E-mail: [email protected]

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