Thimar Development Holding Co. — Board/Management Information 2026

Feb 24, 2026

Thimar Development Holding Co. announces the opening of the nomination period for the board of director’s membership

4160 · 24/02/2026 15:44:31 · Announcement #93279 · View on Saudi Exchange

Thimar Development Holding Co. announces the opening of the nomination period for the board of director’s membership

Element List	Explanation
Introduction	Thimar Development Holding Company announces the opening of nominations for membership of the Company’s Board of Directors for the upcoming board term, which will last for four years, commencing on 14 May 2026 and ending on 13 May 2030.

Individuals wishing to nominate themselves for membership of the Board of Directors, who meet the membership requirements and criteria, are required to submit their nomination applications within the specified period and in accordance with the details set out in this announcement.

Nominations shall be conducted in accordance with the provisions of the Companies Law and its implementing regulations issued by the Ministry of Commerce, as well as the Corporate Governance Regulations issued by the Capital Market Authority.

The Board of Directors for the new term will be elected at the upcoming General Assembly meeting, which will be announced at a later date following the receipt of the necessary approvals from the relevant authorities.Type of AssemblyNew SessionTerm Start Date2026-05-14Term End Date2030-05-13Number of members5Nomination Start Date2026-02-24 Corresponding to 1447-09-07Nomination End Date2026-03-26 Corresponding to 1447-10-07Applications Submission MethodMethod of Submitting Nomination Applications

Completed nomination applications must be submitted during official working hours, prior to the nomination deadline, by sending them to one of the following addresses:

Thimar Development Holding Company

Nomination and Remuneration Committee

1-Company Head Office – Riyadh City, Al-Shuhada District, Mohammed Ali Jinnah Road, Building No. 3808.

Company location: https://maps.app.goo.gl/juDBkq2F2CCEaxwi7

2-Or via email: thimarshareholders@thimar.com.sa

We are pleased to receive your inquiries or comments through the Investor Relations Department via:

Phone: 0591616638Policy and criteria of nominationNomination will be in accordance with the provisions regulating membership of the Board of Directors stipulated in the Companies Law, the Corporate Governance Regulations issued by the Capital Market Authority, in addition to the policies, standards and procedures for membership in the Board of Directors of Thimar Development Holding Company (attached).

The candidate must also submit the following requirements within the period specified in this announcement:

Fulfillment of the general conditions for board membership and the nomination requirements outlined in the Board Membership Policy, Standards, and Procedures (attached).

Completion of the application form for board membership within the specified period, and attachment of all required documents as per the attached schedule (attached).

Submission of a signed copy of the candidate's CV Form No. (3) for board membership in a joint-stock company, issued by the Capital Market Authority (attached).

Submission of CV Form No. (1) (attached)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.