L’azurde Announces Opening BOD Membership

L’azurde Company for Jewellery announced on Tuesday the commencement of the nomination process for membership of the Board of Directors for the upcoming session, commencing on April 26, 2024, and spanning three years.

Individuals interested in self-nominating for membership on the board, provided they satisfy the requisite conditions and qualifications, are invited to submit their candidacy applications within the stipulated timeframe as outlined in this announcement, adhering to the specified details. Application starts on 2023-12-05 and ends of on 2024-01-05.

The nomination for membership on the Board of Directors will adhere to the provisions outlined in the Companies Law issued by the Ministry of Commerce, the Corporate Governance Regulations issued by the Capital Market Authority, and the policies, standards, and procedures governing Board of Directors’ membership, as approved by the General Assembly. Candidates will undergo the election process during the upcoming General Assembly.

Application Requirements:

1. Meeting the general conditions for BOD membership and fulfilling the nomination requirements detailed in the BOD membership policy, standards, and procedures, as approved by the Company GA.

2. During the specified period mentioned in the announcement, submitting a signed letter (as per the attached form) expressing the candidate’s desire for nomination to the MOB nomination (attached). The letter should be accompanied by all necessary requirements.

3. Submitting Form No. (1) CV in both Arabic and English in PDF and WORD formats (attached).

4. Submitting a signed copy of Form No. (3) issued by the CMA for Board membership nomination in both Arabic and English in PDF and WORD formats.

5. Providing the candidate’s CV, including qualifications, experience, and contact information such as mobile number and email.

6. Furnishing a list of the boards of directors of joint-stock companies and committees where the candidate previously served, indicating the dates, roles, and nature of their membership as well as details of current memberships specifying their capacity in each.

7. Submitting a statement in which the candidate discloses any direct or indirect interest in the business and contracts executed for the company.

8. Submitting a statement containing details of companies or institutions in which the candidate participates in managing or ownership, conducting similar business to the Company’s, competing with it, or being in competition with the company in any of its business sectors.

9. Attaching clear photocopies of a valid national ID card, family card, and a passport (for non-Saudi) or commercial registration for the companies and establishments.