Saudi Ceramics Announces Nomination Opening for BOD Membership

The Saudi Ceramic Company announced on Wednesday the initiation of the nomination for membership of the Board of Directors for the next three years term, starting from 01. 04.2022 and ending on 31 .03 .2025.

“Those who want to nominate themselves for the membership of the Board of Directors shall meet the conditions and qualifications for the membership and shall submit their nomination application within the period specified in the announcement and in accordance with the details mentioned herein.” The Company Indicated.

Members will be elected at the next General Assembly Meeting held on a date to be announced later, after obtaining necessary approvals from the competent authorities.

Applications and their attachments shall be sent to the attention of the Secretary of the Nomination and Remuneration Committee in one of the following ways:

• Delivery by mail: P.O. Box 3893 – Riyadh 11481
• Email: nrc@saudiceramics.com
• Handing it over at the company’s headquarters during official working hours (from 7:00 am to 4:00 pm), at the following address:

General management of the company: King Fahd Road – Riyadh – Kingdom of Saudi Arabia.

For more inquiries, you can contact the Secretary of the Remuneration and Nominations Committee at: 0118298787

The nomination application shall fulfill the following requirements:

1. Fulfill the nomination criteria in accordance with the Board of Directors membership policy approved by the general assembly of shareholders and in accordance with the relevant rules and regulation.
2. Fill out the attached nomination application form.
3. Attach the candidate’s CV and copies of his academic qualifications and practical experience, and a clear copy of the candidate’s national identity and family record.
4. Fill out forms No. (1) and (3) issued by the Capital Market Authority attached to the announcement, sign them and attach them with the nomination application (attached). It can be obtained from the website of the Capital Market Authority cma.org.sa
5. A list of the companies or establishments that he jointly manage or own and that carry out business similar to the Company’s business.
6. A candidate, who has previously served as a member of a board of directors in joint stock companies, shall attach a statement providing the number of sessions and the respective dates of the board meetings to which he has assumed membership.
7. If the candidate has previously served as a member of the Saudi Ceramics Board of Directors, he shall attach, with the candidacy notice, a statement from the Company’s management about the last term in which he became a board member, including the following information:

• The number of board meetings held during each year of the term and the number of meetings attended by the member in person, and the percentage of his attendance to the total meetings.
• The names of the permanent committees in which the member participated, and the number of meetings held by each of those committees during each year of the term, the number of meetings he attended, and the ratio of his attendance to the total meetings.

The Nominations and Remunerations Committee will study the applications of candidates received by it, noting that incomplete applications will not be considered, and voting in the General Assembly will be limited to those who have nominated themselves for membership of the Board in accordance with the policies, standards and procedures for membership of the Board of Directors and the provisions contained in this announcement.