Rasan Information Technology Co. — Board/Management Information 2026

May 21, 2026

Rasan Information Technology Co. announces the opening of the nomination period for the board of director’s membership

8313 · 21/05/2026 15:37:57 · Announcement #95621 · View on Saudi Exchange

Rasan Information Technology Co. announces the opening of the nomination period for the board of director’s membership

Element List

Explanation

Introduction

Rasan Information Technology Company announces to its valued shareholders the opening of nomination for membership of the Company’s Board of Directors for the upcoming three-year term commencing on 4 August 2026G and ending on 3 August 2029G. The current Board term will expire on 3 August 2026G, in line with the term specified for Board membership under the Company’s Bylaws. Nine members will be elected, of whom at least three shall be independent members in accordance with the definition of an independent director set out in the Corporate Governance Regulations issued by the Capital Market Authority.

The nominees shall be elected at the General Assembly meeting, the date of which will be announced at a later stage following the necessary approvals from the competent authorities. Nomination shall be open to candidates who meet the statutory membership requirements and qualifications, in accordance with the Companies Law issued by the Ministry of Commerce, the Corporate Governance Regulations issued by the Capital Market Authority, the Policies, Standards and Procedures for Membership in the Board of Directors of Rasan Information Technology Company (attached), and all other relevant laws and regulations.Type of AssemblyNew SessionTerm Start Date2026-08-04Term End Date2029-08-03Number of members9Nomination Start Date2026-05-21 Corresponding to 1447-12-04Nomination End Date2026-06-22 Corresponding to 1448-01-07Applications Submission Method1- Applications will be received from shareholders wishing to nominate themselves or one or more other persons for Board of Directors membership, provided they meet the membership terms and qualifications. This is subject to fulfilling the criteria, completing all attachments and forms electronically as indicated in the membership policies and criteria or the nomination form, and submitting them in both Arabic and English (attached).

2- The aforementioned applications must be sent to the following email address nrc@rasan.co

We are also pleased to receive your inquiries or remarks by contacting the Investor Relations Department.Policy and criteria of nomination1. Compliance with the Group’s Board Membership Policies and Standards approved by the General Assembly (attached).

2. Completing and signing the nomination forms by the candidate, including all attached schedules, while observing the deadlines and timelines stated in the Company’s announcement (attached).

3. Attaching a clear copy of the following:

* National ID or Iqama;

* Family Register;

* Candidate’s contact details;

* National address;

* Mobile number;

* Landline number (if any);

* Email address.

4. Completing Disclosure Forms No. (1) attached and No. (3) issued by the Capital Market Authority .

5. All forms must be completed in both Arabic and English. In the event of any discrepancy between the two versions, the Arabic version shall prevail.Attachment of the CMA approved resume for the nominees for board memberships in the joint-stock companies listed on the Saudi ExchangeAttached 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.