Ataa Educational Co. — Board/Management Information 2021

Jul 5, 2021

Ataa Educational Company Announces the Nomination Opening to the Board of Directors' Membership for the New Term

4292 · 05/07/2021 08:26:22 · Announcement #64025 · View on Saudi Exchange

Ataa Educational Company Announces the Nomination Opening to the Board of Directors' Membership for the New Term

Element List	Explanation
Introduction	Ataa Educational Company (the Company) announces the opening of the nomination for its Board of Directors' membership for the upcoming term starting on 08/11/2021 for a period of three years ending on 07/11/2024.

Shareholders who wish to nominate themselves or another person/s for the Board membership are kindly requested to submit required application and related documentation within the period specified in the this announcement and in accordance with the membership requirements and qualifications for membership and details mentioned herein.

The nomination procedures shall be in accordance with the provisions of the Companies Law and its Implemented Regulations issued by the Ministry of Commerce and the Corporate Governance Regulations issued by the Capital Market Authority, in addition to the Company’s Bylaws, and the Policies and Standards for Membership in the Board of Directors attached herein.

Members will be elected at the Next General Assembly Meeting held on a date to be determined and announced laterType of AssemblyNew SessionAssembly Start Date2021-11-08 Corresponding to 1443-04-03Assembly End Date2024-11-07 Corresponding to 1446-05-05Number of members9Application Start Date2021-07-05 Corresponding to 1442-11-25Application End Date2021-08-06 Corresponding to 1442-12-27Applications Submission MethodApplications of candidacy must be submitted before the end of nomination period, by submitting a hard copy to the company’s headquarters (Riyadh 12486, Al-Izdihar Dist, Al-Abbas Ibn Abdulmutalib St, Building No 3987) and obtain a submission confirmation from the company.

For inquiries, please contact the Investors Relations Department at the following number: 00966114563121 or at the E-mail address: ir@ataa.saApplication RequirementsNominee must fulfill the conditions of nomination to the Board of Directors in accordance with the relevant laws and regulations. The nominee must follow the following:

- Submit during the period specified above a signed letter to the Nomination and Remuneration Committee stating his\her wish to be nominated. The letter is to be accompanied by his\her CV, qualifications and experience related to the business of the Company.

- Submit Form No. (1) of the CV (attached).

- Submit filled copy of Form No. (3) issued by CMA (attached), also a copy could be downloaded from CMA website through:

https://cma.org.sa/RulesRegulations/FormsSite/Pages/default.aspx

Incomplete forms, applications and documents will not be considered.

The voting at the General Assembly will be limited to those who nominated themselves for the membership to the Board of Directors in accordance with the conditions and criteria stated in the Policies and Standards of the Board of Directors’ Membership and procedures detailed in this announcement.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.