Maharah Human Resources Company Announces Calling Candidature for Board Members Elections
| Element List | Explanation |
|---|---|
| Introduction | The Maharah Human Recourses Company (“Company”) is pleased to announce the opening of nominations period for membership of the Board of Directors of the Company, for the term that starting from May 01, 2024 AD and ending on April 30, 2027 AD. Candidates will be elected in the General Assembly meeting, which will be announced later after obtaining the necessary approvals from the relevant authorities, in accordance with the controls stipulated in the Companies Law, the Corporate Governance Regulations issued by the Capital Market Authority, and the policies, standards and procedures for membership to Company Board of Directors. |
| Type of Assembly | New Session |
| Assembly Start Date | 2024-05-01 Corresponding to 1445-10-22 |
| Assembly End Date | 2027-04-30 Corresponding to 1448-11-23 |
| Number of members | 11 |
| Application Start Date | 2023-09-28 Corresponding to 1445-03-13 |
| Application End Date | 2023-10-28 Corresponding to 1445-04-13 |
| Applications Submission Method | All required documents and attached forms shall be sent to the Nominations and Remuneration Committee before the end of the nomination period described in the announcement, in any of the following ways: |
1. Hand-delivered during the company's official working hours (from 8 am to 4 pm- Sunday to Thursday) to the Secretary of the Nomination and Remuneration Committee, at the company's headquarters: Riyadh, Al Yasmeen District, Olaya Road, Maharah Tower
2. By mail to P.O.BOX: 75255 Riyadh 11578
3. By E-mail to: grc@maharah.com
For more information and inquiries, please email us on the email above.
1- Fulfill of Board of Directors membership conditions approved by the General Assembly (attached)
2- Submit during the period specified above a signed letter to the Nomination and Remuneration Committee stating his\her desire to be nominated (attached), the letter is to be accompanied by his\her CV, qualifications and experience in the business of the Company.
3- Submit Form No. (1) CV (attached).
4- Submit the signed Form No. (3) issued by the CMA for Board membership nomination (attached), and which can be found on the CMA’s website (www.cma.org.sa).
5- Submit a statement containing details of the number and dates of memberships on the boards of directors of other joint stock companies and the committees that he\she has assumed or is still a member of.
6- Submit a statement containing details of companies or institutions that the candidate manages or owns, and which conduct similar business to the Company.
7- Attach clear photocopies of valid national ID card, family card (if applicable) and a passport (for non-Saudi), the contact numbers of the candidate and photo of the candidate.
8- All documents and certificates attached to the nomination request must be in Arabic, and certified by the official authorities, and the candidate must provide a certified Arabic translation of any documents written in a foreign language.
It is necessary for the candidate to be familiar with and to comply with the relevant laws and regulations including Capital Market Authority regulations. The candidates are responsible for complying with the above.
The Remuneration and Nomination Committee will review the nomination requests submitted, according to paragraph (2) of Article (62) of the Corporate Governance Regulations.
Votes at the General Assembly will only be cast for candidates who have been nominated for membership in the Board of Directors in accordance with the conditions and criteria.
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.