Jarir Marketing Company announces the opening of nominations for membership of its next Board of Directors session
| Element List | Explanation |
|---|---|
| Introduction | Jarir Marketing Company announce the opening of the nomination for the membership of the Board of Directors for the next term, starting from the date of March 9, 2025, for a period of four years ending on March 08, 2029. Nominations for membership of the Board of Directors shall be in accordance with the provisions of the Companies Law and implementing regulation, and the Corporate Governance Regulations issued by the Capital Market Authority (CMA), In addition to the Company’s Bylaw and the Policy, Standards and Procedures for Board Membership (attached).
It is worth noting that the nominated members will be elected at the General Assembly meeting of shareholders, the date of which will be announced later after obtaining the necessary approvals from the competent authorities.
Those who wish to run for membership in the Board of Directors, and who meet the conditions and standards for membership, should submit nomination applications during the specified nomination period and in accordance with the details provided below. |
| Type of Assembly | New Session |
| Term Start Date | 2025-03-09 |
| Term End Date | 2029-03-08 |
| Number of members | 8 |
| Nomination Start Date | 2024-11-04 Corresponding to 1446-05-02 |
| Nomination End Date | 2024-12-04 Corresponding to 1446-06-03 |
| Applications Submission Method | The nomination application and its attachments, and any inquiries should be submitted to the following email address: Jmir@jarirbookstore.com |
| Policy and criteria of nomination | Each shareholder has the right to nominate themselves or another shareholder or more for membership on the Board of Directors, provided that the nominee meets the membership requirements outlined in the relevant regulations and guidelines, as well as the conditions and criteria for membership according to the Board Membership Policy (attached), along with completing the following requirements:
- Submit the notification form indicating the nominee's intent to nominate themselves for membership on the Board of Directors in Arabic and English. (attached) - Submit Form No. (1) and Form No. (3) issued by the Capital Market Authority in Arabic and English. (attached) -Attach all documents related to the nomination application for membership on the Board of Directors. |
| Attachment of the CMA approved resume for the nominees for board memberships in the joint-stock companies listed on the Saudi Exchange |  |
| Attached Documents | |
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