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CLARIFICATIONS

This policy aims at the determination of the criteria and procedures of candidacy to the membership of the Company Board of Directors pursuant to the provisions of the paragraph (D) of Article Ten of the corporate governance regulation issued by the capital market authority resolution numbered (1 -212 – 2006) and dated 21/10/1427H corr. 12/11/2006, relevant to the basic functions of the Board that requires that the Board develop obvious and specified policies and criteria for the Board's membership and to put them into effect after their approval by the General Assembly.

Therefore, the Board of Directors recommends the ordinary general assembly of the Company shareholders to approve policies and criteria for the Company Board's membership.

According to the attached format

  • Clarifications - In Arabic