Thimar Development Holding Co. announces the opening of the nomination period for the board of director’s membership

Individuals wishing to nominate themselves for membership of the Board of Directors, who meet the membership requirements and criteria, are required to submit their nomination applications within the specified period and in accordance with the details set out in this announcement.

Nominations shall be conducted in accordance with the provisions of 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.

The Board of Directors for the new term will be elected at the upcoming General Assembly meeting, which will be announced at a later date following the receipt of the necessary approvals from the relevant authorities.

Completed nomination applications must be submitted during official working hours, prior to the nomination deadline, by sending them to one of the following addresses:

Thimar Development Holding Company

Nomination and Remuneration Committee

1-Company Head Office – Riyadh City, Al-Shuhada District, Mohammed Ali Jinnah Road, Building No. 3808.

Company location: https://maps.app.goo.gl/juDBkq2F2CCEaxwi7

2-Or via email: thimarshareholders@thimar.com.sa

We are pleased to receive your inquiries or comments through the Investor Relations Department via:

Phone: 0591616638

The candidate must also submit the following requirements within the period specified in this announcement:

Fulfillment of the general conditions for board membership and the nomination requirements outlined in the Board Membership Policy, Standards, and Procedures (attached).

Completion of the application form for board membership within the specified period, and attachment of all required documents as per the attached schedule (attached).

Submission of a signed copy of the candidate's CV Form No. (3) for board membership in a joint-stock company, issued by the Capital Market Authority (attached).

Submission of CV Form No. (1) (attached)