Bawan Company announces the opening of the nomination period for the board of director’s membership

Element List	Explanation
Introduction	Bawan Company is pleased to announce to its esteemed shareholders the opening of the nomination period for the board of director’s membership for the new upcoming term, which will commence on September 26, 2025, and will last for four calendar years, concluding on September 25, 2029. according to regulations and procedures outlined in the relevant laws and regulations, in addition to the policies, standards, and procedures for board membership at Bawan Company (attached).

Element List

Explanation

Introduction

Bawan Company is pleased to announce to its esteemed shareholders the opening of the nomination period for the board of director’s membership for the new upcoming term, which will commence on September 26, 2025, and will last for four calendar years, concluding on September 25, 2029. according to regulations and procedures outlined in the relevant laws and regulations, in addition to the policies, standards, and procedures for board membership at Bawan Company (attached).

The election of Board members for the new term will take place during the upcoming General Assembly meeting, the date of which will be announced later following the necessary approvals from the relevant authorities.Type of AssemblyNew SessionTerm Start Date2025-09-26Term End Date2029-09-25Number of members9Nomination Start Date2025-06-03 Corresponding to 1446-12-07Nomination End Date2025-07-10 Corresponding to 1447-01-15Applications Submission MethodThe nomination applications, attachments, and referenced forms should be sent to the Secretariat of the Nomination and Remuneration Committee at Bawan Company through the following Email:

- abdulhadi.zafar@bawan.com.sa

- ahmed.sharoud@bawan.com.sa

- Phone: +966 11 291 7799, Ext.: 1700 or 1701

- Fax: +966 11 291 5858Policy and criteria of nominationThe candidate must meet the eligibility criteria for membership on the Board of Directors as outlined in the relevant regulations, policies, standards, and procedures governing membership in the Board of Directors of Bawan Company (attached).

The company’s Nomination and Remuneration Committee will assess candidates based on the above criteria. Voting in the General Assembly for the new Board term will be limited to nominees who meet the conditions, requirements, and standards outlined in this announcement.Attachment of the CMA approved resume for the nominees for board memberships in the joint-stock companies listed on the Saudi ExchangeAttached Documents

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.