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Al Mawarid Manpower Co. announces the opening of the nomination period for the board of director’s membership

ALMAWARID 1833 1.34% 136.40 1.80
Element List Explanation
Introduction Mawarid Manpower Company (“the Company”) is pleased to announce the opening of nominations period for membership of the Board of Directors of the Company, for the three years term that starting from October 11, 2025 AD and ending on October 10, 2028 AD. Candidates will be elected in the General Assembly meeting, which will be announced later after obtaining the necessary approvals from the relevant authorities, in accordance with the controls stipulated in the Companies Law, the Corporate Governance Regulations issued by the Capital Market Authority, and the policies, standards and procedures for membership to Company Board of Directors.
Type of Assembly New Session
Term Start Date 2025-10-11
Term End Date 2028-10-10
Number of members 7
Nomination Start Date 2025-05-27 Corresponding to 1446-11-29
Nomination End Date 2025-07-15 Corresponding to 1447-01-20
Applications Submission Method All required documents and attached forms shall be sent to the Nominations and Remuneration Committee before the end of the nomination period described in the announcement, in any of the following ways:

1. Hand-delivered during the company's official working hours (from 8 am to 4 pm- Sunday to Thursday) to the Secretary of the Nomination and Remuneration Committee, at the company's headquarters: Riyadh, Al-Rawdah District, Intersection of Eastern Ring Road with Hafsa Bint Omar Road.

2. By mail to P.O.BOX: 13211 Riyadh 2292

3. By E-mail to: bod@mawarid.com.sa

For more information and inquiries, please email us on the email above.

Policy and criteria of nomination The candidate must meet the eligibility requirements for membership in the Board of Directors, as stipulated in the Companies Law, its Executive Regulations, and the Corporate Governance Regulations issued by the Capital Market Authority, in addition to the company’s bylaws and the criteria for membership in the Board of Directors of Mawarid Manpower Company (attached).

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

1- Fulfill of Board of Directors membership conditions approved by the General Assembly (attached)

2- Submit during the period specified above a signed letter to the Nomination and Remuneration Committee stating hisher desire to be nominated (attached), the letter is to be accompanied by hisher CV, qualifications and experience in the business of the Company.

3- Submit Form No. (1) CV, provided that the candidate submits the form in both Arabic and English (attached), completing all the required data.

4- Submit the signed Form No. (3) issued by the CMA for Board membership nomination (attached), completing all the required data and which can be found on the CMA’s website (www.cma.org.sa).

5- Submit a statement containing details of the number and dates of memberships on the boards of directors of other joint stock companies and the committees that heshe has assumed or is still a member of.

6- Submit a statement containing details of companies or institutions that the candidate manages or owns, and which conduct similar business to the Company.

7- Attach clear photocopies of valid national ID card, family card (if applicable) and a passport (for non-Saudi), the contact numbers of the candidate and photo of the candidate.

8- All documents and certificates attached to the nomination request must be in Arabic, and certified by the official authorities, and the candidate must provide a certified Arabic translation of any documents written in a foreign language.

It is necessary for the candidate to be familiar with and to comply with the relevant laws and regulations including Capital Market Authority regulations. The candidates are responsible for complying with the above.

The Remuneration and Nomination Committee will review the nomination requests submitted, according to paragraph (2) of Article (62) of the Corporate Governance Regulations.

Voting at the General Assembly will only be cast to candidates who meet the conditions and criteria set forth in this announcement. Cumulative voting will be used to elect members of 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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