Abdullah Al Othaim Markets Co. — Board/Management Information 2012

Jun 16, 2012

Abdullah Al-Othaim Markets Company announces the opening of nomination for its Board of Directors

4001 · 16/06/2012 16:02:26 · Announcement #26151 · View on Saudi Exchange

Abdullah Al-Othaim Markets Company announces the opening of nomination for its Board of Directors

Abdullah Al-Othaim Markets Company is Pleased to announce the opening of nominations for its Board of Directors (second session), for a period of three years starting from 15/09/2012.

Eligible shareholders who are willing to run for membership of the Board of Directors and own at least (1,000) shares, must apply for nomination to the attention of: Secretary of the Board at the following address: PO Box 41700 Riyadh 11531, Phone 01-2541000 Fax 01-4453498, effective on Sunday, 17/06/2012 until the end of work on Monday, 25/06/2012. The application must include the following:

1.Provide notice to the company's management includes the candidate biography, qualifications and experience in the business of the Company.

2.A statement includes the number and the dates of the boards of companies or institutions that the candidate was a member therein (if any).

3.A statement of joint stock companies that he still a member therein.

4.A statement of companies or institutions that he is managing or has an interest therein and exercise activities similar to the activities of the company.

5.If the candidate was previously a member of the Board of Directors of Abdullah Al-Othaim markets Company, the application must be accompanied with a statement from the company for the last session of his membership includes the following information:

a)The number of meetings that has been held during each year of session, and the number of meetings attended by the candidate on his behalf and the percentage of his attendance.

b)Permanent committees which he was a member therein, and the number of meetings held by each of the committees during each year of the session.

c)A summary of the financial results achieved by the company during each year of the session.

6.Filling the CMA form No. (3) which can be obtained CMA web site( http://www.cma.org.sa

7.Candidate should not have any interest or participate in any business that would compete with the company in accordance with Article 70 of the Companies Act, and he should not be an executive in a competitor to the company.

8.The application must be attached with a clear copy of the national ID for Saudi candidates or residency license for non-Saudi candidates plus contact numbers.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.