Amiantit has the pleasure to announce to its shareholders or to the nominees of the shareholders, the opening of nomination to the membership for the Board of Directors for next coming three years term as of 1/1/2018. Those who are interested, should apply to the secretariat of the Nomination & Remuneration committee to the below address, as of 29.1.1439H correspondence to 19.10.2017, till 29.2.1439H correspondence to 18.11.2017. The nomination should be conducted in accordance with criterias & conditions contemplated with the Companies’ Law, Governance Regulations issued from CMA, & the policy of procedure for nomination issued from the company. These conditions are:-
1. The nominee should hold a suitable scientific qualification, having accreditation from KSA, original must be submitted to the company.
2. The nominee should have a suitable experience to achieve the company’s objectives.
3. The nominee should have a literature in the laws, regulations, & related policy in the business & economy and have a legal & financial knowledge.
4. The nominee should not be a board member for more than 5 listed companies at the same time.
5. The nominee should not be a Governmental officer, unless he is a representative to Governmental bodies having shares in Amiantit.
6. The nominee age should not be less than 25G years.
7. The nominee should not be previously condemned in honesty crime.
The application should include:-
1. Fill form (3) of CMA available at CMA website : www.cma.org.sa
2. C.V.
3. A list of Boardship in listed companies & the committee’s membership & the related details.
4. A list of companies or establishments which he participates in their management or sharecapital having a similar or competitive activities.
5. Acknowledge of No judgment.
6. Acknowledge of not participation in the Board of member more than 5 listed companies.
7. Attach National ID & fully ID or Iqama or passport for non-Saudi, or company of C.R. for corporate persons which will nominate one person, with latest personal photos.
8. Acknowledge from the nominee that he has not been dismissed or been resigned from a Board due to misconduct or miss-management or non-attendance in the Board or the committees.
9. For the nominee of the current Amiantit Board, he should submit a list of
a. Number of meeting for each year of membership, number of attending meetings by himself, & percentage of attendance.
b. The same of (a) applicable on the committee which he is a member.
c. Financial results summary during the Board term.



The Nomination & Remuneration committee, will study all application, it has the right to reject & decline non-suitable nominees, such nominee will be informed. During the General Assembly meeting the voting will be exclusive on the item of election on the qualified nominees, who are approved by the concerned Authorities. The company will announce the General Assembly meeting after securing the concerned authorities approval. The original application should be sent to:-
- Secretary of Nomination & Remuneration.
- Saudi Arabian Amiantit Company.
- Wasel: Building no 8162, First Industrial Area, Unit 1, Zip code 32234, additional number 3341
- Tel: 00966138471500 Ex 1117
- Fax: 00966920004070 Ex 1117
Copy by email to [email protected]