Gulf Insurance Group Announces Calling Candidature for Board Members Elections

Element List	Explanation
Introduction	Gulf Insurance Group announces the opening of nomination for membership of the Board of Directors for the next session starting from August 1st , 2024 and for a period of four years Those who willing to nominate themselves for the board of directors’ membership who meet the conditions and qualifications for membership, must submit their candidacy applications within the period specified in the announcement and in accordance with the details contained in this announcement.

Element List

Explanation

Introduction

Gulf Insurance Group announces the opening of nomination for membership of the Board of Directors for the next session starting from August 1st , 2024 and for a period of four years Those who willing to nominate themselves for the board of directors’ membership who meet the conditions and qualifications for membership, must submit their candidacy applications within the period specified in the announcement and in accordance with the details contained in this announcement.

The nomination for the Board of Directors membership will be in accordance with the provisions of the Companies Law issued by the Ministry of Commerce, the Corporate Governance Regulations issued by the Capital Market Authority, and the policy, standards and procedures of the Board of Directors’ membership approved the General Assembly of Chubb Arabia. Candidates will be elected at the next General Assembly meeting, which will be announced later after obtaining the necessary approvals from the competent authorities.Type of AssemblyNew SessionAssembly Start Date2024-08-01 Corresponding to 1446-01-26Assembly End Date2028-07-31 Corresponding to 1450-03-09Number of members8Application Start Date2024-03-31 Corresponding to 1445-09-21Application End Date2024-04-30 Corresponding to 1445-10-21Applications Submission MethodThe complete nomination application shall be submitted within the period specified for nomination through the following means:

1. Email: Elections@gig.sa

2 Handling the nomination file for Secretary of the Board of Directors at the company’s main headquarters: GIG Building, King Abdullah Road - Al Nuzha District - Riyadh 12471 - 6378 Kingdom of Saudi Arabia

Any inquiries or questions in this regard can also be directed via the e-mail mentioned above or phone number 0112730501 / 0112730369 to be answered.Policy and criteria of nomination1.Submit the complete application within the specified nomination period to the Nominations and Remuneration Committee

2. Fulfilling the standards contained in the policies related to membership in the Board of Directors (attached).

3. Completely fill out the suitability form issued by the Insurance Authority and provide the company within the nomination application with a complete and signed copy in (PDF) format and an electronic copy in (Word) identical to the signed copy. The candidate can obtain the form (suitability form) from the Insurance Authority website via the link: https://www.ia.gov.sa/Licenses/Apply.html

4. Completely fill out the CV Form No. (3) of the Capital Market Authority and provide the company within the nomination application with a complete and signed copy in (PDF) format and an electronic copy in (Word) format identical to the signed copy. The candidate can obtain the form (Form “3” CV form CV of a candidate for membership in the Board of Directors of a joint stock company listed on the Saudi Stock Exchange (“Tadawul”) from the website of the Capital Market Authority via the link: https://cma.org.sa/RulesRegulations/FormsSite/Pages/default.aspx

5. The candidate’s CV, qualifications and experience in general and in the field of insurance in particular, and copies of certificates, qualifications and experience should be attached to the nomination application.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.