The Board of Directors of Taibah Holding Company is pleased to invite shareholders wishing to nominate themselves to the Board of Directors at its next session for a period of three years beginning on 01/01/2015 to submit their applications to the Nomination and Remuneration Committee at Taibah Holding (at the address below) Dated 10/2014/11/09/14/14/01 / 29H corresponding to 22/11/2014, provided that this request shall be in accordance with Circular No. 222/9362/3245 dated 1412/6 / 18H and 222/205/3800 And the date of 1420/12/26 and circulate the Capital Market Authority No. 4/2359 and the date of 1431/4/12 e:
The candidate who has previously been a member of the board of directors of a joint stock company shall disclose the number and date of the boards of directors of the companies that he (and still shall) assume with the companies or institutions that he participates in. Management or ownership, and carries out similar work for the company according to the guiding model issued by the Ministry of Commerce and Industry, which can be viewed according to the website
www.taiba.com.sa.
2- Filling the CMA Form No. 3 (CV form of the candidate for the board of directors of a joint stock company listed on the Saudi Stock Exchange / Tadawul), which can be obtained from the following CMA:
(
www.cma.org.sa/Ar/FormsSite/Documents/f3.doc)
3. If the candidate has previously served on the Board of Directors of Taibah Holding Company, he shall attach a statement from the Company on the last session in which he took the membership of the Board, including the following information:
A – The number of meetings of the Board of Directors that took place during each year of the session, the number of meetings attended by the member Asala, and the percentage of attendance of the total meetings.
(B) The standing committees in which the member participated, the number of meetings held by each committee during each of the years of the session, the number of meetings attended and the percentage of attendance at the total meetings.
C- A summary of the financial results achieved by the company during each year of the session.
4. In addition to the above, candidates are required to:
A – Be a shareholder in Taiba Holding Company and own shares of not less than (1,000) shares.
(B) To have sufficient knowledge of the financial and accounting lists and preferably of suitable qualification in this field.
C – not less than (25) years old.
(D) His academic qualification is not less than the university degree.
(E) Prefers to be a member of the board of directors of a joint stock company.
If the candidate has already served on the Board of Directors of the Board of Directors of Taiba, his attendance at meetings of the Board at the previous session shall not be less than (70%) of the total meetings of the three-year session.
(G) The member shall commit himself to allocating an appropriate time to fulfill his responsibilities and duties towards membership.
(H) A clear copy of the national identity card or a copy of the Commercial Registration shall be attached with the application for candidacy in respect of the legal entities for which it wishes to nominate representatives.
(I) No decision or judgment has been issued against him by any judicial or other body.
J. The person nominated for membership of the Board shall not be a member of the board of directors of more than five of the boards of directors of joint stock companies listed on the Saudi Stock Exchange at the same time.
The voting at the 29th Ordinary General Assembly to be held at 6:00 pm on Wednesday 12/14 / 1431H shall be limited to those who have nominated themselves to the Board of Directors in accordance with the said regulations.
5 – The assets of the applications for nomination with the attachments listed above for the attention of the Secretary of the Nomination and Remuneration Committee by express mail to the address of the company: Taiba Holding Company – Madinah – King Abdullah Road intersection (the second ring) with the new Syed Al Shuhada Road Tel: (8377777/014) Fax No. (8367777/014) PO Box 7777 Medina (41472)
For further information, please contact the company’s management on the phone above.
God bless