| Element List | Explanation |
|---|---|
| Introduction | AlKuzama Trading Company is pleased to announce to its shareholders the opening of the nomination period for membership of the Board of Directors for the Company's upcoming four-year term, commencing on 11 October 2026 and ending on 10 October 2030. Shareholders wishing to nominate themselves for membership of the Board of Directors, and who satisfy the applicable membership requirements and eligibility criteria, are invited to submit their nomination applications within the specified nomination period and in accordance with the requirements and procedures set out in this announcement. The nomination process shall be conducted in accordance with the provisions of the Companies Law and its Implementing Regulations issued by the Ministry of Commerce, the Corporate Governance Regulations issued by the Capital Market Authority, and the Company's Articles of Association |
| Type of Assembly | New Session |
| Term Start Date | 2026-10-11 |
| Term End Date | 2030-10-10 |
| Number of members | 5 |
| Nomination Start Date | 2026-07-02 Corresponding to 1448-01-17 |
| Nomination End Date | 2026-08-02 Corresponding to 1448-02-19 |
| Applications Submission Method | The original nomination applications, together with all supporting documents and the Capital Market Authority forms referred to above, must be submitted to the Investor Relations Department before the end of the nomination period specified in the Company's announcement, during official business hours, via email at: Email: ir@KUZAMA.CO For any inquiries, please contact the Investor Relations Department: Telephone: +966 11 230 4104, Extension 574 Fax: +966 11 400 5338 |
| Policy and criteria of nomination | Nomination Requirements: 1- The nominee must satisfy the eligibility requirements and qualifications for membership of the Board of Directors as stipulated under the Companies Law and its Implementing Regulations issued by the Ministry of Commerce, as well as the Corporate Governance Regulations issued by the Capital Market Authority. 2- The nominee shall complete and sign the nomination forms and complete the accompanying schedules, while observing the deadlines and timeframes specified in the Company's nomination announcement. (Attached). 3- The nominee shall attach a clear copy of the National Identity Card or Iqama, Family Register (if applicable), together with the nominee's contact details, including the National Address, mobile number, landline number (if any), and email address. 4- The nominee shall complete and submit the Capital Market Authority Disclosure Forms No. (1) and No. (3) together with the nomination application. The forms may be obtained from the Capital Market Authority's website at the following link: https://cma.org.sa/RulesRegulations/FormsSite/Pages/default.aspx 5- All nomination forms must be completed in both Arabic and English. In the event of any discrepancy or inconsistency between the two versions, the Arabic version shall prevail. |
| Attachment of the CMA approved resume for the nominees for board memberships in the joint-stock companies listed on the Saudi Exchange | Attachment of the CMA approved resume for the nominees for board memberships in the joint-stock companies listed on the Saudi Exchange |
| Attached Documents | Attached Documents Attached Documents |
Al Kuzama Trading Co. announces the opening of the nomination period for the board of director’s membership
AI Summary
- This document outlines the mandatory CV disclosure template for individuals nominated or appointed to the Board of Directors of joint-stock companies listed on the Saudi Stock Exchange.
- Nominees must disclose their membership status (executive, non-executive, or independent), academic qualifications, professional experience, and current positions on other boards.
- The form requires detailed responses regarding potential conflicts of interest, including ownership stakes, kinship with senior executives, and involvement in competing businesses.
- Companies are required to submit these completed forms to the Capital Market Authority (CMA) electronic system at least three working days prior to a General Assembly meeting.
