The National Agricultural Development Co. (NADEC) Announces Calling Candidature for Board Members Elections

This announcement comes further to the Board of Directors’ recommendation issued on Thursday, 20 November 2025, to amend the Company’s Bylaws (Article related to the Management of the Company) by increasing the number of Board members from seven (7) to nine (9).

The nomination process will be conducted in in accordance with the provisions outlined in the Companies Law, the Corporate Governance Regulations issued by the Capital Market Authority, in addition to The Board Members’ Membership and Nomination and Selection Policy approved by the Extraordinary General Assembly of the company (Attached).

The shareholders who wish to nominate themselves or one or more other persons are kindly requested to complete all forms electronically, as referred to in the Policies, Standards, and Procedures for Board Membership of the Company (attached).

The election of the additional Board members for the current term will take place during the upcoming General Assembly Meeting, the date of which will be announced later after obtaining the necessary approvals from the relevant authorities.

(1) The National Agricultural Development Company (NADEC) head-office in Riyadh city in Al-Murabba district.

(2) P.O.BOX. 2557 Riyadh 11461 Tel 011-2027830

(3) E-mail: IR@nadec.com.sa

And for more information please contact us on the phone shown above.

Attachments List:

1- The Board Nomination and Selection Policy.

2- Requirements for Application for Membership.

3- Application form for Nomination.

4- (CV) Template issued by the Capital Market Authority.

5- Resume of a candidate form.