Rawasi Albina Investment Co. announces the opening of the nomination period for the board of director’s membership

Those who wish to nominate themselves for membership in the Board of Directors, who meet the conditions and criteria for membership, must submit their nomination applications within the specified period and in accordance with the details contained in this announcement.

The Nomination will be in accordance with the provisions contained in the Companies Law and its implementing regulations issued by the Ministry of Commerce and the Corporate Governance Regulations issued by the Capital Market Authority, in addition to the company’s articles of association and board membership policies and standards.

The Board of Directors will be elected for the new session at the next General Association meeting, which will be announced later after obtaining the necessary approvals from the competent authorities/bodies.

Email: ir@rawasialbina.com

For inquiries, you can contact the Investor Relations Department at:

Phone: 0112339500

Fax: 0114630223

1. To meet the conditions, criteria, and procedures necessary for membership in the Board of Directors. (attached).

2. Submit a written nomination application to the Company expressing his/her desire to stand for election to the Board of Directors (attached) within the nomination period specified in this announcement.

3. Complete and submit Form No. (1) (Curriculum Vitae) in both Arabic and English (attached).

4. Fill out and submit Form No (3) issued by the Capital Market Authority (attached), which can be obtained from the website of the Capital Market Authority at the following link: https://cma.org.sa/RulesRegulations/FormsSite/Pages/default.aspx

5. Provide the candidate’s Curriculum Vitae, including qualifications, professional experience, contact details, email address, a recent personal photograph, copies of academic qualifications and experience certificates, together with all supporting documents substantiating the information contained in the nomination application.

6. Attach a clear and valid copy of the national identity card as well as a copy of the family register, a copy of the passport for non-Saudis, or a copy of the commercial register for legal entities that wish to nominate representatives.

7. The candidate must not have been convicted of a crime involving dishonesty or breach of trust, must not be insolvent or bankrupt, and must not be disqualified from serving on the Board of Directors under any applicable laws or regulations in the Kingdom.

8. The nominee shall adhere to the principles of honesty, integrity, loyalty, due care, and diligence, while acting in the best interests of the Company and its shareholders and giving priority to such interests over any personal interest.

9. The candidate shall not serve on the boards of more than five joint stock companies listed on the Saudi Exchange (Tadawul) at the same time.

10. In the case of a Nomination for membership of the Board as an independent member, he must not be subject to any of the cases that contradict independence in accordance with the regulations of the Capital Market Authority

11. Voting at the General Assembly Meeting will be limited to candidates who have fulfilled the nomination terms and criteria following the Company's review of their nomination applications.