Knowledge Tower Trading Co. announces the opening of the nomination period for the board of director’s membership For the next session

Candidacy for membership of the board of directors for the next session shall be in accordance with the provisions contained in the Companies Law issued by the Ministry of Commerce and the corporate governance regulation issued by the Capital Market Authority in addition to the policies, standards and procedures of membership in the board of directors (annex) approved by the General Assembly

The members of the board of directors will be elected for the next session during the next General Assembly meeting, the date of which will be announced later, after obtaining the necessary approvals from the relevant authorities

1. E-mail attention of the chairman of the board of directors: Medhat@kntbook.com

2. Sent by postal means to the national short address: RESA2611

3. Delivery is handled to the secretariat of the board of directors at the company's Branch Headquarters located in Riyadh, Safa district-Salah al-Din al-Ayyubi road-during official working hours

For inquiries, please contact the secretariat of the board of directors at the following number: 0569285250

1. Meet the criteria set out in the policy and the criteria for membership in the approved Board of directors . (Attached)

2. The nominated member should not hold membership of more than five listed joint-stock companies at the same time.

Second: requirements for candidacy for membership of the board of directors

Submit the application for candidacy within the period specified in the announcement to the chairman of the board of directors, and attach all the following documents to the application for candidacy:

1. Complete and sign the company's form. (Attached)

2. Complete the resume Form Number (1). (Attached)

3. Complete and sign the form No. (3) issued by the Capital Market Authority to run for membership of the board of directors. (Attached)

4. The candidate's CV, including information about his profession, the main position he currently occupies, his qualifications and experience in the company's business.

5. Attach a statement of the number and date of his membership in the boards of Directors of joint-stock companies, and the committees of which he has been or continues to be a member.

6. Attach a statement to the companies or institutions that are jointly managed or owned and are engaged in business similar to the company's business, and disclose any conflict of interest cases-in accordance with the procedures prescribed by the authority-including:

A-the existence of any direct or indirect interest in the works and contracts carried out for the company's account.

B-his participation in a work that would compete with the company, or compete with it in one of the branches of the activity that it practices

7. A clear copy of the national ID (iqama or passport for non-Saudis), including the contact numbers of the candidate.

8. The membership status must be clarified when nominating, i.e. whether the member is an executive, a non-executive member, or an independent member .

9. The nature of the membership must be clarified, i.e. if the member is nominated as a shareholder or nominated by a shareholder with the name of the shareholder nominated by him, and in all cases the member must be a person of natural character.

10. All documents and certificates supporting the application in Arabic.

The company will study the candidates ' applications received , noting that voting at the General Assembly of the new session of the board will be limited to candidates who meet the conditions, controls and criteria described in this announcement, and we would also like to clarify that cumulative voting will be used to elect the members of the board of directors.