Tourism Enterprise Co. (Shams) announces the opening of the nomination period for the board of director’s membership

The Tourism Enterprises Company (Shams) announces the opening of nominations for membership on the board of directors for the new term, which will begin on 5/7/2026 AD and end on 4/7/2030 AD. Seven members will be elected to the board of directors at the upcoming general assembly meeting, the date of which will be announced later after obtaining the necessary approvals.

Shareholders who wish to nominate themselves or others for membership of the Board and who meet the membership requirements according to the requirements included in the regulatory texts, specifically the Companies Law and the Corporate Governance Regulations issued by the Capital Market Authority, in addition to the standards and procedures for membership in the Board of Directors approved by the General Assembly of the company’s shareholders, should submit their nomination application to the Nominations and Remuneration Committee, starting from Sunday 15/3/2026 AD until the end of Wednesday 13/5/2026 AD.

For inquiries, please contact Investor Relations.

Phone: 0138366669 Ext: 7000

Email: info@shamstourism.com.sa

The following documents must be attached to the nomination application:

- Fill out form number (1) - in both PDF and WORD formats - attaching your CV. (Attached)

- Completed and signed Form No. (3) – in both PDF and Word formats – issued by the Capital Market Authority for nomination to the Board of Directors, available at the following link:

https://cma.org.sa/RulesRegulations/FormsSite/Pages/default.aspx

- A clear copy of the national identity card (residence permit or passport for non-Saudis).

- Application form for membership of the Board of Directors (attached)

The Remuneration and Nominations Committee will study the applications of the candidates received by it, based on what was stated in paragraph (2) of Article Sixty-Two of the Corporate Governance Regulations issued by the Capital Market Authority, which stated that among the powers and responsibilities of the Remuneration and Nominations Committee is to recommend to the Board of Directors the nomination and re-nomination of members in accordance with the approved policies and standards, taking into account that no person who has been previously convicted of a crime of breach of trust shall be nominated.