National Gypsum Co. announces calling candidature for board members elections

National Gypsum Co. announces calling candidature for board members elections (New Session) that will start from 2022-04-10 and ends on 2025-04-09 for te nomination of nine members.

Application start date will be start on 2022-02-17 and ends on 2022-03-17.

Application Requirements

1 ) To introduce the candidate in terms of his cv, qualifications and experience in the field of the company’s business

2) Photo of the candidate’s identity

3) Statement of the number and history of the boards of directors of joint stock companies that he has currently or previously served as a member of

4) Statement of joint stock companies of which he is still a member

5) Statement of companies or institutions that he co-manages or owns and engages in business similar to that of the company

6) If the candidate has previously served on the Board of Directors of National Gypsum Company, he must attach to the nomination request a statement from the company’s management of the last session in which he has served on the Board, including the following information..

1. a) The number of board meetings that took place during each of the session years, the number of meetings attended by the member as original and his attendance at the total meetings
2. b) Standing committees in which the member participated, the number of meetings held by each of those committees during each of the session years, the number of meetings he attended and the ratio of his attendance to the total meetings
3. c) Summary of the financial results achieved by the company during each year of the session

7) Clarification of the status of the candidate (independent- executive- non-executive)

8) The candidate for a board member should not serve on the board of directors of more than five joint stock companies and not be chairman of the board of directors or vice president of more than two companies or an executive member in more than one company.

9) The candidate for the board of directors must not be a government employee.

10) The candidate should not have own, work or have links with competing companies for the company’s activity.

The application for nomination shall include:

1. All data in the application form, provide all the information and documents outlined in the form and submit the origin of the form within the period specified above.
2. . The candidate fills out form ( 3 ) that can be obtained from the following CMA link

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

Or from the company’s website ( www.gypsco.com.sa )

It is accompanied by a cv, a copy of the status card, a family book and an extract with the number of the portfolio of shares he owns.

1. The candidate fills in an attached CV form (1)
2. If there are interests of the candidate directly or indirectly with the company, he must provide a detailed statement in addition to any information relating to any contract to which the company is a party and the candidate has a substantial interest or any person related to him (wife, minor children, subsidiaries). It must also provide a detailed statement if the candidate is involved in a job that would compete with the company in its work.

Voting in the General Assembly will be limited to those who have nominated themselves for membership of the Council in accordance with the above conditions and regulations and must be approved by the competent authorities