Arabian United Float Glass Co. announces the opening of the nomination period for the board of director’s membership Nomination

Nominations for membership of the Board of Directors for the upcoming term will be in accordance with the provisions of the Companies Law issued by the Ministry of Commerce, the Corporate Governance Regulations issued by the Capital Market Authority, in addition to the Company's Board membership policies, standards, and procedures (attached).

The members of the Board of Directors for the new term will be elected during the General Assembly meeting of the shareholders using the cumulative voting method. The Board of Directors will convene this meeting at a later time after completing the nomination procedures, reviewing the candidates' applications, ensuring they meet all regulatory requirements, and obtaining the necessary approvals in this regard from the relevant regulatory authorities.

• For any inquiries, you can contact the Board Secretariat directly at the following number during the company's official working hours from Sunday to Thursday, from 9:00 AM to 3:00 PM: +966558666523

The following conditions and requirements must be met by anyone wishing to run for membership of the Board of Directors of the Arabian United Float Glass Co.(UFG) for the upcoming term:

1- The candidate must meet the standards and conditions specified in the Board Membership Policy and Standards approved by the company (attached with the announcement).

2- The candidate must not hold membership in more than five listed companies on the Saudi stock exchange market( Tadawul ) at the same time, in accordance with the provisions of the Companies Law and the Corporate Governance Regulations.

3- The candidate must possess professional competence, academic qualifications, relevant practical experience, in addition to leadership skills and the ability to guide and make decisions, enabling them to contribute effectively to shaping the company’s strategic directions and enhancing its performance in a way that achieves the interests of the company and its shareholders.

4- The candidate must have the ability to allocate the necessary time and effort to perform the duties and responsibilities of a board member and actively participate in board and committee meetings.

5- The candidate must commit to disclosing any potential conflict of interest in accordance with the regulations and rules issued by the Capital Market Authority.

6- For those applying as independent members, the conditions of independence must be met in accordance with the regulations, rules, and controls in the attached policy, and the applicant must be a non-executive member who fully enjoys independence in their position and decisions, and none of the independence impairments stipulated in Article 19 of the Corporate Governance Regulations issued by the Capital Market Authority Council shall apply to them.

Second: Requirements for nomination for Board membership

Those wishing to nominate themselves for membership of the Board of Directors must submit a nomination application during the nomination period specified in this announcement, addressed to the Company's Board of Directors, accompanied by all the following documents and papers:

1- Complete and sign the Company's nomination application form (attached).

2- Complete the CV form, Form No. (1) (attached).

3- Complete and sign the CV form (attached).

4- Complete and sign Form No. (3) (attached).

5- The candidate's CV, along with attaching the supporting documents for the information contained therein, in addition to CV Form No. (3) issued by the Capital Market Authority, including academic qualifications, practical experience, current profession and main position held, as well as relevant experience related to the company's activity.

6- A statement of the number and dates of the candidate's membership in the boards of directors of joint-stock companies, as well as the committees emanating from them that he or she has held or is still holding membership in.

7- A statement of the companies or institutions in which the candidate participates in management or ownership and that carry out activities similar to or competing with the company's activities, with disclosure of any conflicts of interest in accordance with the applicable laws and regulations, including but not limited to:

• Having any direct or indirect interest in the business or contracts conducted on behalf of the company.

• Participation in work that may compete with the company or its competition in one of the branches of the activity it engages in.

8- If the candidate has previously held membership in the company's board of directors, a statement from the company's management about the last term in which he or she held board membership must be attached, including the following information:

• The number of board meetings held each year during the term, the number of meetings attended by the member in person, and the attendance rate relative to the total number of meetings.

• The committees emanating from the board of directors in which he or she participated in membership, the number of meetings held by each committee during the term, and the number of meetings attended by the member along with the attendance rate relative to the total number of meetings.

9- A clear copy of the candidate's national ID (or residence permit or passport for non-Saudis), including their contact information.

10- Clarification of the membership status when applying (Executive Member – Non-Executive Member – Independent Member).

11- The candidate must clarify the status (Executive Member / Non-Executive Member or Independent Member), that is, specify the nature of the candidacy, whether the candidate is running in their personal capacity as a shareholder or nominated by one of the shareholders with their name mentioned. In all cases, the candidate must be a natural person.

12- Submission of all documents and certificates supporting what is stated in the candidacy application in Arabic or accompanied by an accredited Arabic translation.

Third: Reviewing Nomination Requests

The company will study the submitted nomination requests and ensure they meet all the conditions, regulations, and standards stated in this announcement and the relevant laws and regulations.

Voting in the General Assembly of shareholders to elect the Board of Directors members for the new term will be limited to candidates who meet the statutory requirements and conditions, noting that the election of the Board members will be conducted using the cumulative voting method in accordance with the provisions of the Companies Law and the Corporate Governance Regulations.