Wataniya Insurance Company is pleased to announce to the company’s esteemed shareholders the opening of nominations for membership in the Board of Directors for the next session, which begins on the date of
15 Jumada al-Akhirah 1437 AH corresponding to March 24, 2016 G for three years to come, by Allah willing, whoever desires to nominate himself from among those who have shares, with a nominal value of no less than (10,000) ten thousand riyals, to apply by notifying the nomination, to the company’s management, attention of the “Secretary of the Board of Directors.” P.O. Box 5832, Jeddah 21432, Wataniya Insurance Company no, later than 16 Safar 1437 AH corresponding to 28 November 2015 G per the rules and regulations issued in this regard, by the Ministry of Commerce Industry, the Saudi Arabian Monetary Agency, and the Capital Market Authority. The nomination application must include the following documents:
1. An introduction to the candidate containing his CV, educational qualifications, and experiences in the company’s field of business, and attaching a clear copy of his ID and two personal photos of the candidate.
2. Fill out the suitability criteria questionnaire for candidates for membership in the Board of Directors issued by the Saudi Arabian Monetary Agency and located on the Saudi Arabian Monetary Agency’s website (sama.gov.sa).
3. Fill out Disclosure Form No. (3) issued by the Capital Market Authority and located on the Capital Market Authority’s website (cma.org.sa).
4. The candidate who previously served as a member of the Board of Directors of one of the joint-stock companies submits a statement from the company’s management as follows:
- The number of Board of Directors meetings that took place during each year of the term and the number of meetings that the member attended in person indicating the percentage of his attendance to the total number of meetings.
- The permanent committees in which the member participated, the number of meetings held by each of those committees during each year of the session, the number of meetings he attended, and the percentage of his attendance to the total number of meetings.
The election of the Board members as per the regulations approved by the competent authorities will be presented to the company's next general assembly after obtaining the regulatory approvals for its holding and announcing the dates according to the regulations.
Verily Allah is the grantor of success
The Board of Directors
Proxy template:
Not Available due to the meeting convening virtually.
