JAMJOOM PHARMA Opens Nominations for BOD Membership

Jamjoom Pharmaceuticals Factory Co. (“the Company”) announced on Monday the opening of the nomination for membership of the Board of Directors for upcoming session, which will start its work on June 19 for a period of 3 years and end on June 18, 2028, as it called on those wishing to nominate themselves for membership in the Board of Directors, meeting the conditions and qualifications for membership, to submit their nomination applications during the specified nomination period according to the details contained in this announcement.

Nominations will be in accordance with the provisions of the Companies Law issued by the Ministry of Commerce and the Executive Regulations of the Companies Law, and the Corporate Governance Regulations issued by the Capital Market Authority (CMA), in addition to the provisions of the Company’s Bylaws and the Board of Directors Membership Policy, Standards and Procedures.

The nominated members will be elected during the Company’s next General Assembly Meeting, the date of which will be announced later after obtaining the necessary approvals of the competent authorities.

The Company stated in a statement today on “Tadawul” that the nominations will open today, Monday, and will end on April 16.

The nomination will be in accordance with the provisions of the Companies Law and its Executive Regulations, the Corporate Governance Regulations issued by the CMA, and the policies, procedures and standards for membership in the Board of Directors approved by the General Assembly, provided that they comply with the following conditions:

1. Fulfilling the Board of Directors’ membership’s general criteria and the nomination requirements contained in Board of Directors Membership Policy, Standards and Procedures, approved by the General Assembly of the Company (attached);

2. Submitting during the nomination period specified in the announcement a signed letter by the candidate declaring his\her desire to be nominated for the Board of Directors’ membership (attached), accompanied by all the necessary requirements;

3. Submitting Form No. (1) of the CV approved by the CMA for candidates for membership in the boards of directors of joint-stock companies listed on the Saudi Stock Exchange, attached in Arabic and English in (PDF) and (Word) formats (according to the attached form);

4. Submitting a signed copy of the attached Form No. (3) issued by the CMA for nomination for membership in the Board in Arabic and English in (PDF) and (Word) formats. The form can be obtained also through the Authority’s website (https://cma.org.sa);

5. A statement of the boards of directors of joint-stock companies and committees in which the candidate was previously a member, their dates and membership status, as well as a statement of the boards of directors of joint-stock companies and committees in which the candidate is still a member and membership status;

6. A statement in which the candidate discloses any direct or indirect interest in the business and contracts carried out on behalf of the Company;

7. Submitting A statement that includes the names of companies or institutions that participates in managing or owning and that carry out activities similar to the Company’s activities or that compete with it or one of the branches and subsidiaries (If any); and

8. Attach a clear and valid copy of the national ID card, as well as a copy of the family register, a copy of the passport for non-Saudis, or a copy of the commercial register for companies and institutions.

The Nominations and Remuneration Committee will only consider complete candidate applications.

Voting in the General Assembly is limited to candidates for membership in the Board of Directors whose information has been announced by the Company in accordance with Paragraph (a) of Article Eight of the Corporate Governance Regulations.