Saudi Company For Hardware (SACO)

1. Company location (Google Maps):

https://maps.app.goo.gl/QbenSzDwJMLbmVbH6?g_st=ic ,Riyadh, Almathar ashamali,- Prince Sultan bin Abdulaziz – SACO Head Office.

2. Email: investors@saco-ksa.com

Eligible for nomination:

1- Detailed curriculum vitae (CV) clarifies the educational qualifications and professional experience.

2- Copy of their personal ID or identification papers.

3- Fill out and sign Form No. (3) - in both PDF and WORD formats - issued by CMA for Board Membership nomination from below link:

https://cma.org.sa/RulesRegulations/FormsSite/Pages/default.aspx

4- To provide acknowledgment/confirmation of the following:

Signed acknowledgment of their consent to hold the position of a Board member.

Having read SACO’s policy for conflict of interests, as well as code of business ethics and professional conduct of the Company.

The candidate shall not a board member in more than five listed Saudi joint stock companies at the same time.

5- To provide a detailed declaration of the companies in Saudi Arabia where the candidate still a board member.

6- To provide a detailed declaration of the companies or organizations in Saudi Arabia where the candidate participates in its management or ownership that engage in activities similar to the Company.

7- To provide a detailed declaration of the joint stock companies in Saudi Arabia where the candidate held a board member position, and to clarify the term of membership in each of them.

8- The candidate that was previously a board member of SACO shall provide the following information:

A. Number of board meetings held during the year for each board’s session, number of meetings he/she attended, and his/her attendance ratio compared to total board meetings.

B. The Committee where the member has participated during the year for each board’s session, number of meetings held by the Committee, number of meetings he/she attended, and his/her attendance ratio compared to total committee’s meetings.

The Remuneration and Nomination Committee will review the applications of the nominees received by it, based on what was stipulated in Paragraph (2) of Article 62 of the Corporate Governance Regulations issued by CMA, which stated that among the competences and responsibilities of the Nomination and Remuneration Committee is to recommend to the Board of Directors the nomination of its members and re-nomination, in accordance with the approved policies and standards, taking into account not to nominate any person previously convicted of a breach of trust.