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First Milling initiates board nomination process for next term

First Milling initiates board nomination process for next term
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FIRST MILLS
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Riyadh – Mubasher: First Milling Company (First Mills) announced the opening of the nomination period for membership on its board of directors for the upcoming four-year term.

The company is seeking candidates for 8 board seats to serve during the session scheduled to run from 15 August 2026 until 14 August 2030.

The nomination window is set to open on 2 July 2026, and will remain active until 1 August 2026.

Interested candidates must submit their applications and required documentation via email or through hand delivery at the company’s headquarters in Jeddah.

According to the disclosure, nominees must comply with the Companies Law and Corporate Governance Regulations issued by the Capital Market Authority (CMA).

Eligibility criteria stipulate that candidates must not hold more than 5 memberships in listed joint-stock companies simultaneously.

The final selection of members will take place during a future general assembly meeting, following the receipt of necessary regulatory approvals.

Candidates are required to submit various disclosures, including details of any interests in contracts exceeding 200,000 SAR or 50% of the previous year's remuneration.

The company's extraordinary general meeting (EGM) recently approved an agreement with Al Mutlaq Group for Industrial Investment totaling SAR 82.73 million.