| Item | Explanation |
|---|---|
| Introduction | Banan Real Estate Company is pleased to announce to its valued shareholders the opening of nominations for membership of the Company’s Board of Directors for the new term, which will commence on 26 December 2025 and end on 25 December 2028 (a period of three years). |
| Board term type | New term |
| Term start date | 2025-12-26 |
| Term end date | 2028-12-25 |
| Number of members | 6 |
| Nomination opening date | 1447-03-10 corresponding to 2025-09-02 |
| Nomination closing date | 1447-04-09 corresponding to 2025-10-01 |
| Method of submitting nomination applications | Nomination applications, attachments, and the referenced forms shall be submitted to the Nominations and Remunerations Committee as follows:
1- By email: [email protected] 2- By hand delivery: Banan Real Estate Company, General Administration, Riyadh – Al-Ma’athar Al-Shamali District, Building No. 2195 – Prince Mohammed bin Abdulaziz Street – Block 14 Center, Second Floor, Entrance (A) Postal code: 12314
3- For inquiries, you may contact us via:
Telephone: 0114808085 |
| Nomination policy and criteria | Nomination will be in accordance with the regulations governing Board membership as stipulated in the Companies Law and the Corporate Governance Regulations issued by the Capital Market Authority, in addition to the Company’s Articles of Association and the membership criteria for the Board of Directors of Banan Real Estate Company (attached).
The nominee must also submit the following requirements during the period specified in the announcement:
1- Meeting the general conditions for Board membership and the nomination requirements set out in the Board Membership Policy, Criteria, and Procedures (attached).
2- Completing the Board Membership Nomination Request Letter within the period specified in the announcement (attached).
3- Submitting a signed copy of CV Form No. (3) for nominees for Board membership of a joint-stock company issued by the Capital Market Authority, in both Arabic and English (attached).
4- Submitting CV Form No. (1) in both Arabic and English (attached).
5- Submitting a statement of memberships in current and previous boards and committees in listed or non-listed companies, or any other company regardless of its legal form. |
| Approved CV form issued by the Authority for nominees for board memberships of listed joint-stock companies on the Saudi Exchange (Tadawul) |  |
| Attachments | |
