Saudi Tadawul Group Holding Co. Announces the opening of the nomination period for the board of directors’ membership for the next term
|Introduction||The Saudi Tadawul Group Holding Co. – (The Company) is pleased to announce the initiation of nomination for membership of the Board of Directors, in order to select nine members, provided that they include at least three independent members according to the definition of the Independent Director stipulated in the Corporate Governance Regulations issued by the Capital Market Authority.|
The nomination for membership of the Board of Directors will be in accordance with the provisions of the Companies Law and the Corporate Governance Regulations issued by the Capital Market Authority and the Board of Directors Membership Policies and Standards approved by the General Assembly (attached).
The selection of the nominated members for the Board of Directors new term will take place at the General Assembly Meeting, which will be announced later after obtaining necessary approvals from the competent authorities.
|Type of Assembly||New Session|
|Assembly Start Date||2023-01-02 Corresponding to 1444-06-09|
|Assembly End Date||2026-01-01 Corresponding to 1447-07-12|
|Number of members||9|
|Application Start Date||2022-10-02 Corresponding to 1444-03-06|
|Application End Date||2022-11-02 Corresponding to 1444-04-08|
|Applications Submission Method||The shareholders wish to nominate themselves or another person or more are kindly requested to fill in all forms electronically as referred to in Board of Directors Membership Policies and Standards (attached) which can be found in the website of the Group Via the following link:|
All nomination forms shall be sent to the:
Nomination and Remuneration Committee on the following Email:
You can reach out to
Tel: (+966) 920013130
|Attached Documents|| |
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