Almujtama Alraida Medical Co. announces the opening of nominations for membership in the Board of Directors for next term.
| Element List | Explanation |
|---|---|
| Introduction | Almujtama Alraida Medical Company announces the opening of nominations for membership in its Board of Directors for the next term, which will begin on August 1, 2026, for a period of four years, ending on July 31, 2030. Nomination for Board membership will be in accordance with the provisions of the Companies Law and its Implementing Regulations, the Corporate Governance Regulations issued by the Capital Market Authority, in addition to the Company's Bylaws and the Regulations for Conditions, Criteria and Procedures for Board of Directors Membership (attached).
The election of nominated members will take place during the General Assembly meeting, the date of which will be announced later after obtaining the necessary approvals from the relevant authorities.
Those who wish to nominate themselves for membership of the Board of Directors, and who meet the conditions and criteria for membership, must submit their nomination applications during the specified nomination period and in accordance with the details provided below. |
| Type of Assembly | New Session |
| Term Start Date | 2026-08-01 |
| Term End Date | 2030-07-31 |
| Number of members | 6 |
| Nomination Start Date | 2026-03-15 Corresponding to 1447-09-26 |
| Nomination End Date | 2026-04-15 Corresponding to 1447-10-27 |
| Applications Submission Method | Candidacy applications and their attachments should be sent via email:
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| Policy and criteria of nomination | Every shareholder has the right to nominate himself or one or more other shareholders or others for membership in the Board of Directors. The candidate must meet the conditions for membership of the Board of Directors contained in the relevant rules and regulations, and the conditions and criteria for membership in accordance with the Board of Directors Membership Selection Criteria Policy (attached), along with completing the following requirements:
- Submitting a signed letter stating the candidate’s desire to nominate himself for membership in the Board of Directors (attached). - Submit a signed copy of Form No. (1) and Form No. (3) issued by the Capital Market Authority (attached). - Attach all documents related to the nomination application for membership in the Board of Directors. |
| Attachment of the CMA approved resume for the nominees for board memberships in the joint-stock companies listed on the Saudi Exchange |  |
| Attached Documents | |
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