Jabal Omar Development Co. — Board/Management Information 2021

Jan 3, 2021

Jabal Omar Development Company announces the opening of nomination for membership of the Board of Directors for the 5th session

4250 · 03/01/2021 07:48:01 · Announcement #61532 · View on Saudi Exchange

Jabal Omar Development Company announces the opening of nomination for membership of the Board of Directors for the 5th session

Element List	Explanation
Introduction	Jabal Omar Development Company announces the opening of nomination for membership of the Board of Directors for the 5th session starting from 30 of June 2021 for a period three years.

Therefore, the company invites those who willing to nominate themselves who meet the conditions and qualifications for membership, must submit their candidacy applications within the period specified below.

The nomination for the Board of Directors membership will be in accordance with the policies, standards and procedures of the Board of Directors’ membership approved by the General Assembly (attached) and related roles and regulations. Candidates will be elected at the coming General Assembly meeting, which will be announced later after obtaining necessary approvals from respective authorities.Type of AssemblyNew SessionAssembly Start Date2021-06-30 Corresponding to 1442-11-20Assembly End Date2024-06-29 Corresponding to 1445-12-23Number of members9Application Start Date2021-01-03 Corresponding to 1442-05-19Application End Date2021-02-28 Corresponding to 1442-07-16Applications Submission MethodAll applications and required forms should be submitted to the Nomination and Remunerations Committee before the application end date specified above, during the official working hours (from 8:00 am to 5:00 pm) by one of the following means:

1- By mail: PO Box 7333, Jedda 23511, KSA (provided the receipt of required applications and forms prior to application end date)

2- By E-mail: corps@jodc.com.sa

For any inquiries, you may contact the following numbers: 0125106100 Ex: 1102 or 1103Application RequirementsCandidates must fulfill the conditions of Board of Directors membership nomination stipulated by relevant laws and regulations and as follows:

1- Fulfill the Board of Directors membership general conditions and the nomination requirements contained in the policies, standards and procedures of the Board of Directors’ membership approved by the General Assembly (attached).

2- Submit a written request signed by the candidate declaring his\her desire to be nominated for board of directors’ membership (attached), submitted during the application period specified in the announcement, attached with all required documents.

3- Submit Form No. (1) Curriculum Vitae (CV) (attached).

4- Submit signed copy of Form No. (3) Issued by the CMA for Board membership nomination (attached), the same can be found in CMA’s website (http://cma.org.sa).

5- The candidate's Curriculum Vitae (CV).

6- Submit a statement contains the number and dates of his/her previous memberships in joint stock companies boards and committees.

7- Attach clear photocopies of valid national ID card, family card and a passport (for non-Saudi) or commercial registration for entities that want to nominate their representatives.

The Nomination and Remunerations Committee will study all submitted applications. The General Assembly votes will only be for candidates who fulfills the conditions and nomination requirements contained in the policies, standards and procedures of the Board of Directors’ membership. The Company will announce candidates’ information in line with paragraph (a) of Article 8 of the Corporate Governance Regulations issued by the Capital Market Authority.Attached 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.