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Jabal Omar Development Company announces the opening of nominations for membership in the company’s Board of Directors for its sixth session

Introduction
Jabal Omar Development Company announces the opening of nominations for membership in the company’s Board of Directors for the next session, which begins on June 30, 2024, and for a period of four years ending on June 29, 2028.
For individuals interested in nomination for the Board of Directors provided they meet the membership qualifications and conditions. Please submit your nomination applications within the designated time frame as outlined in the announcement.

Nomination for membership in the Board of Directors will be in accordance with the Rules and procedures stipulated in the Companies Law and the corporate governance regulations issued by the Capital Market Authority.

The candidates will be elected at the next General Assembly meeting, which will be announced later after obtaining the necessary approvals from the regulatory authorities.

Type of Assembly
New Session
Assembly Start Date
2024-06-30 Corresponding to 1445-12-24
Assembly End Date
2028-06-29 Corresponding to 1450-02-06
Number of members
9
Application Start Date
2024-03-24 Corresponding to 1445-09-14
Application End Date
2024-05-03 Corresponding to 1445-10-24
Applications Submission Method
All applications and required forms should be submitted to the Nomination and Remunerations Committee before the application end date specified above, (During Ramadan from ten in the morning until four in the evening, after the end of Ramadan from nine in the morning until five in the evening) by one of the following means:
1- Jabal Omar Development Company branch in Jeddah, building number 2444, postal code 23511 (taking into account that the required documents and forms arrive to the company before the end of the nomination period)

2- By E-mail: corps@jodc.com.sa

For any inquiries, you may contact the following numbers: 0125106100 Ex: 3201

Policy and criteria of nomination
Candidates must fulfill the conditions of Board of Directors membership nomination stipulated by relevant laws and regulations and as follows:
1. Fulfill the Board of Directors membership general conditions and the nomination requirements contained in the policies, standards and procedures of the Board of Directors’ membership approved by the General Assembly (attached).

2. Submit a written request signed by the candidate declaring hisher desire to be nominated for board of directors’ membership (attached), submitted during the application period specified in the announcement, attached with all required documents.

3. Submit Form No. (1) CV in Arabic and English. (attached)

4. Submit a signed copy of Form No. (3) issued by the Capital Market Authority to nominate for membership in the Board of Directors. (attached)

5. The candidate’s Curriculum Vitae (CV) in Arabic and English.

6. Submit a statement contains the number and dates of his/her previous memberships in joint stock companies boards and committees.

7. A statement that includes any direct or indirect interest in the business and contracts conducted on behalf of the company.

8. A statement of the companies or institutions in which he participates in management or ownership and which conduct business similar to the company’s business.

9. Attach clear photocopies of valid national ID card, family card and a passport (for non-Saudi) or commercial registration for entities that want to nominate their representatives.

The Nomination and Remunerations Committee will study all submitted applications. The General Assembly votes will only be for candidates who fulfills the conditions and nomination requirements contained in the policies, standards and procedures of the Board of Directors’ membership.

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

Attached Documents
CV Template
Policies, standards and procedures for membership in the Board
Nomination Application Letter

Other Disclosures

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