Horizon Educational Co. announces the opening of the nomination period for the board of director’s membership For the next session

Nominations for membership on 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, and the policies, standards, and procedures for Board membership (attached) approved by the General Assembly.

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

1. Email to the Chairman of the Nominations and Remuneration Committee: a.elgharib@horizon.sch.sa

2. Mail to the following national address: RHWA7212

3. Hand-delivered to the Board of Directors Secretariat at the company's headquarters located in Riyadh, Al Wurud District, Al Fujairah Street, during official working hours.

For inquiries, please contact the Board of Directors Secretariat at: 05090311300

1. Meeting the criteria outlined in the approved Board Membership Policy and Standards. (Attached)

2. The nominated member must not hold board memberships in more than five listed companies simultaneously.

Second: Requirements for Board Membership

Submit the nomination application within the period specified in the announcement to the Chairman of the Nominations and Remuneration Committee. The application must include all the following documents:

1. Completion and signing of the company's application form. (Attached)

2. Completion of Form No. (1) Curriculum Vitae. (Attached)

3. Completion and signing of Form No. (3) issued by the Capital Market Authority for nomination to the Board of Directors. (Attached)

4. The nominee's curriculum vitae, including information about their profession, current primary position, qualifications, and experience in the company's field of business.

5. A statement detailing the number and dates of their board memberships in listed companies and the committees they have served or are currently serving on.

6. A statement listing any companies or institutions in which the candidate has a management or ownership stake and which conduct business similar to that of the company, and disclosure of any conflicts of interest – in accordance with the procedures established by the Authority – including:

a) Any direct or indirect interest in business and contracts conducted on behalf of the company.

b) Participation in any activity that competes with the company, or competes with it in any of its branches of activity.

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

8. The candidate's membership status must be clearly stated upon nomination, i.e., whether the member is an executive member, a non-executive member, or an independent member.

9. The nature of the membership must be clarified, i.e., whether the candidate is a shareholder or nominated by a shareholder, stating the name of the nominating shareholder. In all cases, the member must be a natural person.

10. All supporting documents and certificates for the nomination application must be in Arabic.

The company will review the applications it receives from candidates. It should be noted that voting at the General Assembly for the new Board term will be limited to candidates who meet the terms, conditions, and criteria outlined in this announcement. We would also like to clarify that cumulative voting will be used to elect members of the Board of Directors.