Tadawul-


Element List Explanation
Introduction Abdullah Saad AboMoati for Bookstore Company announces the opening of nomination for membership of the Board of Directors for the next session starting frome 15th of December 2024 and for a period of 4 years.
Those willing to nominate themselves for the board of directors’ membership, must submit their candidacy applications within the period specified in the announcement and per the details contained in this announcement.

The nomination for the Board of Directors membership will be by the provisions of the company’s law issue, the Corporate Governance Regulations issued by The Capital Market Authority, and the policy standards and procedures of the Board of Directors’ membership approved by the General Assembly Candidates will be elected at the Assembly meeting which will be announced later after obtaining the necessary approvals from the competent authorities.

Type of Assembly New Session
Term Start Date 2024-12-15
Term End Date 2028-12-14
Number of members 9
Nomination Start Date 2024-08-01 Corresponding to 1446-01-26
Nomination End Date 2024-08-31 Corresponding to 1446-02-27
Applications Submission Method The original applications of candidacy must be submitted to the attention of Nomination period specified in the announcement, by submitting during the official working hours of the company (from 9 am to 5 pm) by one of the following ways:
1) Manually delivery to be handed to the secretary of Nomination and Remuneration committee in the company headquarte Riyadh - Futah area.

2) Sent by mail to company address: Building No. 7825 Ibrahim At Tasan ST Al Futah Area, Riyadh 12632-2369, Unit No. 5, provided that nomination documents arrive before 31-08-2024.

3) Email: investorrelations@abomoati.com (with the original documents sent to company address)

Company Address: Riyadh - Al Futah Area - Ibrahim At Tasan ST.

For inquiries: Tel (0114010113) ext. (300) "

Policy and criteria of nomination The nomination will be by the provisions governing membership of the Board of Directors stipulated in the Companies' Law, the Corporate Governance Regulations issued by the Capital Market Authority, the Company’s Articles of Association, and the Policy and Criteria of Board Membership Procedures approved by the General Assembly (attached).
It is required that a member of the Board of Directors be of professional competence who has the necessary experience, knowledge, skill and independence to enable him to exercise his duties ,

The Nominee shall submit the following requirements during the specified announcement period:

1)Meet the conditions of the Policies, Standards, and Procedures for Membership (attached).

2)Submit a signed letter addressed to the Remuneration and Nominations Committee stating the desire to run during the announcement period specified above, provided that the letter is accompanied by a CV, qualifications, and experiences in the company's field of activity (attached).

3) Submit form No. (1) “CV” issued by CMA in Arabic and English copy, including all required information (attached).

4) Submit a signed copy of Form No. (3) issued by the Capital Market Authority for candidacy for membership of the Board of Directors with full data required, you can get it from the CMA website www.cma.org.sa or the CMA Form. (Attached)

5) A clear and valid copy of the national ID card, family card- if any-, passport Travel for non-Saudis, and any other relevant documents required by the company to meet the requirements of the regulatory authorities.

6) Review relevant rules and regulations, including the Policy and Criteria of Board Membership Procedures, and the Nominee is responsible for ensuring compliance with the policy.

It is noteworthy that the Company's Remuneration and Nomination Committee will ensure that the candidates meet the membership requirements and conditions according to the applicable policies and regulations.

Attachment of the CMA approved resume for the nominees for board memberships in the joint-stock companies listed on the Saudi Exchange