Insurance House — Board/Management Information 2021

Mar 17, 2021

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Insurance House PSC Announcement on the Opening of Nomination for Membership of the Board of Directors

The Company’s Board of Directors is honored to inform the shareholders of the opening of nomination for the Board of Directors membership during the period from Sunday, 21 March 2021 to Tuesday, 30 March 2021 .

Any person/shareholder who meets the conditions of nomination for the Board membership may nominate himself for the membership by an application to be submitted to the Management of the Company at its Head Office located in Al Khalidiyah Area, Emirate of Abu Dhabi. The application shall enclose an introductory profile of the applicant and the capacity of membership for which he wishes to nominate himself (Executive Director/ Non-Executive Director/ Independent Director).

General Conditions:

1. The number of members to be elected to the Board of Directors is seven (7) members.

2. Nominations for Board membership shall remain open for a period of (10) days from the date of the announcement, in accordance with the requirements of Article (9) of the Chairman of Authority’s Board of Directors’ Decision no. (3 / Chairman) of 2020 concerning Joint Stock Companies Governance Guide and as amended from time to time.

3. Whoever nominates him/herself for membership to the Board shall satisfy the conditions set forth in the Federal Law No. (2) of 2015 regarding Commercial Companies and the Chairman of Authority’s Board of Directors’ Decision no. (3 / Chairman) of 2020 concerning Joint Stock Companies Governance Guide and as amended from time to time.

4. The nomination application shall contain the documents referred to in Article (10) of the Chairman of Authority’s Board of Directors’ Decision no. (3 / Chairman) of 2020 concerning Joint Stock Companies Governance Guide and as amended from time to time.

5. The candidate may not, after closing the nomination, relinquish his nomination to another person.

6. The Company will publish the list of names and nomination data of the candidates on the bulletin board at the Company’s Head Office and on the Company’s Website (www.insurancehouse.ae) on 09 April 2021.

7. The Securities and Commodities Authority shall be provided with a list of the candidates’ names after closing the nomination.