Official Handover and Introduction Ceremony at Daric Investment Holding

Senior Executives in Attendance and Strategic Directions Outlined

The handover and introduction ceremony for the Deputy of Human Capital and Organizational Development at Daric Investment Holding was held in the presence of senior holding executives, management consultants, deputies, CEOs, and administrative managers of subsidiary companies.

During the ceremony, Mr. Dr.Gholamali Davarpanah was honored in recognition of his services, and Mr.Akbar Khanbabayi was introduced as the new Deputy of Human Capital and Organizational Development.

Strengthening the Strategic Role and Ensuring Consistency Across the Group

During the meeting, emphasis was placed on strengthening synergies between the holding’s headquarters and its subsidiaries, establishing consistent procedures, and enhancing the strategic role of human capital.

Recognizing Past Contributions and Looking Ahead

The ceremony was held on Wednesday, October 1, 2026, with the aim of recognizing the managerial contributions of the previous deputy, introducing the new appointee, and outlining senior management’s approach to human capital and organizational development.

Participants emphasized the continuation of development-oriented approaches, stronger internal coordination, and the effective utilization of human capital.

Emphasis on Supporting the Strategic Objectives of Daric Investment Holding

Supporting the Holding’s Strategic Objectives

At the beginning of the meeting, following the recitation of verses from the Holy Quran and the playing of the national anthem of the Islamic Republic of Iran, Mr.Haj Rahim Samiei Fard expressed his appreciation for Dr. Davarpanah’s services and congratulated Mr. Khanbabayi on his new appointment.

He highlighted the important role of the Deputy of Human Capital and Organizational Development in supporting the holding’s strategic objectives. He also emphasized the need for coordination among, and compliance by, all managerial and executive bodies of subsidiary companies with the directives of the Executive Advisor to the Chairman of the Board.

Furthermore, he stressed the importance of avoiding siloed operations and any actions outside the resolutions of senior management concerning recruitment, hiring, and other human capital-related matters across subsidiary companies.

Emphasizing the Strategic Role of Human Capital and Key Initiatives

The Need for Coordination and Alignment with the Holding’s Strategic Decisions

Ms.Parisan Zonouzi Motlagh expressed her appreciation for Dr.Davarpanah’s valuable contributions during his tenure as Deputy of Human Capital and Organizational Development and congratulated Mr. Khanbabayi on his appointment.

She emphasized the strategic role of human capital and its impact on the holding’s strategies and overarching objectives. She also outlined the following key priorities and fundamental areas of focus for future initiatives.

Enhancing Operational Efficiency and Process Agility

She emphasized improving organizational efficiency, streamlining administrative and human resource processes, and adopting a cohesive, agile, and results-oriented approach. She stated that human resource processes should be treated as continuous strategic functions rather than temporary or purely administrative activities.

Strengthening Administrative Discipline and Organizational Collaboration

Other key points included strengthening administrative discipline, improving service quality, enhancing work processes, and expanding collaboration with the holding’s departments and the management teams of subsidiary companies.

Full Support from Senior Management

She also emphasized the full support of senior management for the new appointee and the effective use of the specialized expertise and managerial capabilities available within the human capital function.

In conclusion, she highlighted the importance of workforce planning, recruitment and merit-based selection, performance evaluation, employee training and development, career progression, succession planning, retaining talented employees, and continuously improving human resource processes. She also stressed the need for regular and systematic evaluation of these areas.

Human Capital: A Cornerstone of Sustainable Development and Competitive Advantage

Remarks by Dr.Pouria Zonouzi Motlagh

During another part of the ceremony, Dr.Pouria Zonouzi Motlagh, a senior executive at the holding, welcomed and thanked the representatives of subsidiary companies for their attendance and described human capital as one of the key pillars of sustainable development and competitive advantage.

Following the recognition of the former deputy, the new appointee was wished success. Emphasis was placed on strengthening coordination across different organizational units, aligning human resource programs with the holding’s objectives, and addressing the needs of subsidiary companies.

He also shared his views on existing challenges within the group’s various management systems and expressed hope that, through the collective efforts and cooperation of the holding’s organizational, managerial, and executive bodies, these challenges could be resolved and the group could make further progress toward its strategic objectives.

The key issues identified included:

• The absence of a clearly defined roadmap.
• Strengthening synergy and organizational cohesion.
• Establishing mechanisms to monitor initiatives across different areas.
• Implementing corporate governance practices in alignment with new strategies.
• Strengthening organizational commitment and reviewing compensation and benefits.
• Examining employee turnover challenges and improving the retention of top talent.
• Delegating organizational authority and facilitating the transition to the next generation of leadership.
• Strengthening the group’s software development and information technology teams.
• Replacing traditional practices with system-based processes across the group, including the implementation of an Enterprise Resource Planning (ERP) system.
• Establishing a committee to develop processes and update existing procedures.

Review of the Previous Tenure and the Beginning of a New Phase with a Collaborative Approach

Report on Initiatives During the Previous Tenure: Dr. Davarpanah

Dr.Davarpanah presented a report on his tenure, outlining the key initiatives undertaken in administration and support services.

He expressed his gratitude for the support he had received from the CEO, the Board of Directors, senior executives, and subsidiary companies, and wished Mr. Khanbabayi success in his new role. This segment highlighted the importance of transferring experience and preserving the achievements of the previous period.

Beginning a New Phase with a Collaborative Approach: Mr. Khanbabayi

The newly appointed Deputy of Human Capital and Organizational Development expressed his appreciation for Dr. Davarpanah’s efforts and emphasized the importance of drawing on his experience in the future.

He then outlined the department’s upcoming plans and priorities, stressing the importance of collective cooperation, leveraging specialized expertise, and maintaining close engagement with subsidiary companies and employees. He also emphasized the need to establish coordinated group-wide procedures and improve the effectiveness of organizational activities.

Connecting Human Capital, Organizational Development, and Branding: Dr.Nouri

Dr.Nouri was subsequently introduced as the Senior Advisor to Ms. Zonouzi Motlagh in the areas of human resources and branding.

After acknowledging previous experience and initiatives in the company’s human resources function and congratulating the newly appointed deputy, he presented his professional background and emphasized the importance of addressing human capital, organizational development, and corporate image and branding in an integrated manner. He also expressed his readiness to contribute his expertise and collaborate in relevant specialized areas.

Emphasizing Collaboration Between Departments: Mr.aghraei

Subsequently, Mr. aghraei, representing the holding’s deputies, expressed his appreciation for Dr.Davarpanah’s efforts, referred to their longstanding and productive professional collaboration, and congratulated Mr. Khanbabayi on accepting his new responsibilities.

He expressed his readiness to support cooperation and coordination between the departments and shared his views on the following matters:

• Preparing company budgets based on actual performance.
• Evaluating company performance in financial management and corporate governance.
• Addressing the lack of sufficient decision-making authority within companies in areas such as production, sales, and other operational activities.
• Reforming companies’ financial structures and intercompany financial relationships.
• Eliminating intercompany accounts to improve transparency in performance reporting.

Official Handover and Introduction Ceremony: Moving Toward Greater Organizational Cohesion

At the conclusion of the ceremony, Dr.Davarpanah’s services were formally recognized, and a commemorative plaque was presented to him. Mr. Khanbabayi was officially introduced as the new Deputy of Human Capital and Organizational Development at Daric Holding, and his appointment was formally announced.

The ceremony concluded in a collaborative atmosphere, with emphasis on the role of human capital in achieving the holding’s objectives and the importance of coordination between headquarters and subsidiary companies. Beyond honoring the contributions of the previous deputy and introducing his successor, the event underscored management consensus, the integration of policies and processes, the establishment of consistent procedures, and stronger synergies across the group.

Continued cooperation among managers and employees, the effective use of past experience, and the pursuit of development-oriented approaches are expected to enhance the effectiveness of the human capital management system, improve organizational efficiency, and strengthen coordination across Daric Holding.