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Mobile Telecommunication Company Saudi Arabia (Zain KSA) announces the opening of the nomination period for the board of director’s membership

Element ListExplanation
IntroductionMobile Telecommunication Company Saudi Arabia (Zain KSA) announces the opening of nominations for membership of the Board of Directors for the upcoming term, which will commence on April 26, 2025, for 4 years and conclude on April 26, 2029. Nominations for membership of the Board of Directors shall be in accordance with the provisions of the Companies Law issued by Ministry of Commerce, the Corporate Governance Regulations issued by the Capital Market Authority (CMA), in addition to the Company’s Articles of Association and Standard Policy for Board of Directors and Executive Management Membership (attached).

Shareholders who wish to nominate themselves for membership of the Board of Directors, and who meet the qualifications and criteria for membership, are required to submit their nomination applications within the specified period and in accordance with the details provided in this announcement.

The nominated members will be elected at the upcoming General Assembly meeting, the date of which will be announced later after obtaining the necessary approvals from the relevant authorities.

Type of AssemblyNew Session
Term Start Date2025-04-26
Term End Date2029-04-25
Number of members9
Nomination Start Date2025-02-09 Corresponding to 1446-08-10
Nomination End Date2025-03-10 Corresponding to 1446-09-10
Applications Submission MethodThe candidacy applications and their attachments should be delivered by hand or through Express Mail Service to the Remuneration and Nominations Committee at the following address:

Mobile Telecommunication Company Saudi Arabia (Zain KSA) - Granada Business –

Building A3 - Al Shohada –

Riyadh City

National Address (Wasel):

Mobile Telecommunication Company Saudi Arabia (Zain KSA)

Building No.: 2594 – Al Shohada.

Unit No: 3, Riyadh 13241 – 7215

Kingdom of Saudi Arabia

Policy and criteria of nominationThe nomination will be in accordance with the provisions governing membership of the Board of Directors stipulated in the Companies Law, the Corporate Governance Regulations issued by the Capital Market Authority, the Company’s Articles of Association, and Standard Policy for Board of Directors and Executive Management Membership (attached).

The Nominee shall submit the following requirements during the specified announcement period:

1. Meeting the general requirements for membership in the Board of Directors and the nomination requirements outlined in the Standard Policy for Board of Directors and Executive Management Membership. (Attached)

2. Filling out the application form for candidacy to the Board of Directors within the period specified in the announcement, along with all the required documents listed in the attachments table. (Attached)

3. Submitting a signed copy of the CV Form No. (3) for a candidate for membership in the Board of Directors of a Joint Stock Company issued by the Capital Market Authority. (Attached).

4. Submitting the CV Form No. (1) (Attached).

5. Providing a statement of previous memberships in boards and committees in listed or unlisted companies, or any other company, regardless of its legal form.

Attachment of the CMA approved resume for the nominees for board memberships in the joint-stock companies listed on the Saudi Exchange
Attached Documents      

Attachments

323_22352_482_2025-02-08_22-41-36_en.pdf
648_22352_482_2025-02-08_22-42-48_en.pdf
277_22352_482_2025-02-08_22-42-57_en.pdf
668_22352_482_2025-02-08_22-43-59_en.pdf