Riyad Bank Announces Calling Candidature for Board Members Elections
| Element List | Explanation |
|---|---|
| Introduction | Riyad Bank announces the opening of nomination for the Board of Directors membership for the next three-year term, which begins on October31, 2025 and ends on October 30, 2028. Shareholders wishing to nominate themselves or nominate one or more other persons for membership in the Board of Directors, who meet the conditions and qualifications for membership, must submit their nomination applications in accordance with the details contained in this announcement. |
| Type of Assembly | New Session |
| Term Start Date | 2025-10-31 |
| Term End Date | 2028-10-30 |
| Number of members | 10 |
| Nomination Start Date | 2025-06-19 Corresponding to 1446-12-23 |
| Nomination End Date | 2025-07-18 Corresponding to 1447-01-23 |
| Applications Submission Method | Applications and their attachments should be submitted to the Shareholders Affairs Department during official business hours at the following address: Riyad Bank Tower, KAFD, Al Aqeeq District, Riyadh City. Or at the email address elections@riyadbank.com. The original documents should be sent to the Bank’s address above. For further inquiries, please contact during official working hours on telephone no. 0114013030 Ext: (6001) or by email: SHA@riyadbank.com |
| Policy and criteria of nomination | Nomination for membership on the Board of Directors shall be in accordance with the provisions stipulated in the Companies Law, the instructions and regulations issued by the Saudi Central Bank and the Capital Market Authority, and the Bank's Articles of Association, and the policy for nomination and selection for membership (attached). Noting that Any uncompleted application that do not include all completed nomination documents as stated below by the end of the nomination period will not be considered. • Complete and sign the nomination form • An authenticated nomination letter if the nomination is from one of the bank’s shareholders. • Candidate's CV • Certified copy of academic and professional qualifications. • A clear copy of the National ID, Family Registry and Passport for the Saudi candidate, or a copy of the Residency Permit (Iqama) for non-Saudis, Family Registry and Passport. • Personal photo • Criminal Clearance Certificate. • Complete and sign the Saudi Central Bank's "Fit & Proper" Form. In (Word/PDF) formats • Complete and sign the Capital Market Authority CV form (attached) • Complete and sign the Independence Form (as defined by the Saudi Central Bank and the Capital Market Authority). • Complete and sign a Statement of the Meetings attended by the candidate in his capacity as a member of the Board of Directors or a member of a Committee of the Board of Directors if he previously held/is a member of the Board of Directors/Committee of the Board of Directors in one of the joint stock companies (listed/closed). • A Statement of the Companies or Institutions in which management or ownership the candidate participates conducting business similar to that of the Bank. • A statement of the companies or institutions in which the candidate - or any person related to him directly or indirectly - participates in managing or owning them and has contracts or common interests with the bank, along with a statement of those dealings or contracts. • Any other additional forms, information or documents determined by the regulatory or supervisory authorities or the Bank. |
| 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
935_18894_1_2025-06-18_15-57-14_en.pdf117_18894_1_2025-06-18_15-57-36_en.pdf
