Abdullah Al Othaim Markets Co. — Board/Management Information 2021

Jul 1, 2021

ABDULLAH AL-OTHAIM MARKETS COMPANY ANNOUNCES THE OPENING OF NOMINATION FOR THE MEMBERSHIP OF ITS NEXT BOARD OF DIRECTORS SESSION.

4001 · 01/07/2021 08:00:08 · Announcement #63983 · View on Saudi Exchange

ABDULLAH AL-OTHAIM MARKETS COMPANY ANNOUNCES THE OPENING OF NOMINATION FOR THE MEMBERSHIP OF ITS NEXT BOARD OF DIRECTORS SESSION.

Element List	Explanation
Introduction	Abdullah Al Othaim Markets Company is pleased to announce the opening of nominations for its upcoming Board of Directors, which will start from 03/10/2021G for a period of three Gregorian years, whoever has the desire and competence must submit an application to the management of the company within the specified period and in accordance with the details contained in this announcement.

Noting that ;The Board of Directors for its upcoming session will be elected in the Shareholders General Assembly meeting which will be announced later after obtaining the necessary approvals from the competent authorities.Type of AssemblyNew SessionAssembly Start Date2021-10-03 Corresponding to 1443-02-26Assembly End Date2024-10-02 Corresponding to 1446-03-29Number of members8Application Start Date2021-07-01 Corresponding to 1442-11-21Application End Date2021-08-01 Corresponding to 1442-12-22Applications Submission MethodThe method of receiving applications and its attachments for board membership to be send to Secretariat of the Board of Directors , E-mail: ir@othaimmarkets.com

In case of ant enquires and questions contact through the phone No: (011-8299905).Application RequirementsThe candidate must fulfill the conditions for candidacy for membership of the Board of Directors mentioned in the relevant laws and regulations and the general conditions for membership of the Board of Directors of the company. And that he is committed to fulfilling the following:

1) A Written Notification to the Company of stating his intention for nomination.

2) He should satisfy the necessary conditions, criteria and procedures required for the Board of director’s membership (As attached).

3) Fill out and Submit form No (1) CV in both Arabic and English language. (Attached).

4) Fill out and submit form No. (3) Issued from CMA (Attached) which can be obtained from the CMA from the following link : website: https://cma.org.sa/RulesRegulations/FormsSite/Pages/default.aspx

5) Shall not be a board member of more than five joint stock companies listed in the Saudi Capital Market at the same time.

6) For candidate who are willing to be designated as an independent member, they must avoid any conflict of interest cases in accordance with the rules and regulations of the Capital Market Authority.

7) Shall disclose to the Board of Directors and to the Company General Assembly any cases of conflict of interest according to the procedures specified by the regulations.

8) If the candidate had been a prior member of the Board of Directors of Abdullah Al Othaim Markets Company, his 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) Summary of the financial results achieved by the company during each year of the session.

9) The application must be attached with a clear copy of the national ID for Saudi candidates or residency license for non-Saudi candidates and family ID.Candidate ConditionsAttached Documents    

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.