Jarir Marketing Co. Announces Calling Candidature for Board Members Elections

ELEMENT LIST	EXPLANATION
Introduction	Jarir Company is pleased to announce the opening of the nomination for the membership of the Board of Directors of JMC for the upcoming term starting from the date of March 9, 2022 for a period of three years ending on March 08, 2025, in accordance with the commercial controls in the Companies Law and the Regulation of Governmental Companies Capital Market Authority In addition to the Policy, Criteria, and Procedures for Membership in the Board of Directors approved by the General Assembly of JMC, on the following: shorturl.at/enpyT Candidates will be elected at the General Assembly meeting, date of which will be announced later after obtaining necessary approvals from the competent authorities. Anyone who meets the membership conditions and criteria must apply for their nomination applications during the opening period and in accordance with the details as below.
Type of Assembly	New Session
Assembly Start Date	2022-03-09 Corresponding to 1443-08-06
Assembly End Date	2025-03-08 Corresponding to 1446-09-08
Number of members	8
Application Start Date	2021-12-19 Corresponding to 1443-05-15
Application End Date	2022-01-18 Corresponding to 1443-06-15
Applications Submission Method	The originals of the candidacy applications, their attachments and the aforementioned forms (after all their data are completed in Arabic and English and signed) shall be sent to the Secretariat of the Board of Directors of Jarir Marketing Company via P.O. Box 3196, Riyadh 11471, or by the following e-mail: [email protected] Or at the national address (Wasel): 8528 - Olaya District - Olaya General Street - Unit No. (1) - Zip Code 12213 - Additional Number 2877 - Riyadh - Kingdom of Saudi Arabia. Or by hand it over to the secretariat of the Board of Directors at the company’s head office at the following address: Kingdom of Saudi Arabia - Riyadh City Olaya District - Olaya Main Street - Jarir Plaza Building 2nd floor - The secretariat of the Board of Directors. Location: https://bit.ly/2PGpTn9 The voting of the membership of the new Board term will be limited to the nominees who have satisfied the mentioned terms, conditions, and standards in this announcement. The RNC shall consider the selection of candidates based on that and on the basis of educational qualifications, practical experience and familiarity with the company's activities. For further inquiries, please contact the Company’s Investor Relations Department to the following e-mail address: [email protected] Or through the Phone number: 0114626000 - Ext: 1613
Application Requirements	In accordance with the conditions, controls and requirements contained in the Companies Law, the Corporate Governance Regulations and the registration and listing rules issued by the Capital Market Authority and in accordance with the policies, standards and procedures for membership in the Board of Directors of Jarir Marketing Company (attached). The application for candidacy must include the following: - Curriculum vitae of the candidate, explaining his personal data, qualifications and experience in both Arabic and English (according to the attached form). - A copy of the national ID and family record (for the married). - List of companies in which the candidate served as a member of the board of directors with the date of membership, its expiry, and legal type of company. - List of companies in which the candidate has a current membership of the board of directors mentioning the date of the membership and legal type of company taking into account that the candidate must not be a board member in more than five (5) listed joint stock companies at the same time. - Companies or institutions \in which the candidate takes part in the management or ownership. - Disclose any case of conflict of interest including any direct or indirect interest in the transactions and contracts made for the company or participating in a work that competes with the Company in its activities or any part of its activities. - Fill out and sign Disclosure Form No. (3) issued by the Capital Market Authority, and attach it to the nomination application, which can be obtained from the following CMA link: https://cma.org.sa/en/RulesRegulations/FormsSite/Pages/default.aspx - In the event that the candidate has previously served as a member of the Board of Directors of Jarir Marketing Company, he must attach with the candidacy application a statement that includes the following: 1) The number of Board meetings held during the last term in which he assumed the membership of the Board, the number of meetings he attended in person, and the percentage of his attendance compared to the total meetings held. 2) The permanent committees in which the member participated, the number of meetings held by each of those committees during the last term in which he became a member of the Council, the number of meetings he attended and the percentage of his attendance compared to the total meetings held. 3) A summary of the financial results achieved by the company during the last term in which he became a member of the Board. Knowing that the cumulative vote will be used to elect the members of the Board of Directors.
Candidate Conditions
Attached Documents