Retal Urban Development Co. announces the opening of nominations for membership of its next Board of Directors session

Those who wish to nominate themselves for membership in the Board of Directors, and meet the criteria and conditions, shall submit their nomination applications within the specified period and in accordance with the details contained in this announcement.

Kindly note that the Board of Directors members for the forthcoming session will be elected in the upcoming Shareholders General Assembly meeting whose date will be announced at a later date, upon obtaining the necessary approvals from the applicable authorities.

h.alkaf@retal.com.sa

Or

All forms shall be sent when it is filled and signed in all the pages by handing them during the official working hours of the company from 9 AM until 4 PM.

1. Fulfill the Board of Directors membership general conditions and the nomination requirements enlisted in the Policies, Criteria, and Procedures of Nomination for Board of Directors Membership approved by the General Assembly. (attached)

2. Complete Application for Nomination for the Membership of the Board of Directors during the application period specified in the announcement, attached with all required documents. (attached)

3.Complete Form No. (1) CV English and Arabic Language. (attached)

4.Complete and sign Form No. (3) issued by the Capital Market Authority to nominate for membership in the Board of Directors in Arabic and English, clarifying the status of membership and the nature of membership, as well as disclosing to the Board of Directors and the General Assembly of the company any cases of conflict of interest in accordance with the procedures established by the CMA . (attached)

5-Attach clear and valid copy of the national ID and family record, or copy of residency and passport for non-Saudis, and any other relevant documents required by the company to meet the requirements of the regulatory authorities.

6- The nominee must not be prohibited from working in joint-stock companies by the Capital Market Authority or other bodies regulating the work of financial markets inside or outside the Kingdom.

7-Submit a statement that includes the names of companies or institutions that are jointly managed or owned and carry out businesses competing with the company. (If any)

The Nominations and Remuneration Committee will review the applications received by the candidates. The committee will also exclude incomplete nomination applications submitted during the nomination period and will also exclude any candidates not meeting the terms and the criteria for membership contained in the list of standards and procedures for membership in the company’s Board of Directors.