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

The Nomination will be in accordance with the provisions contained in the Companies Law and its implementing regulations issued by the Ministry of Commerce and the Corporate Governance Regulations issued by the Capital Market Authority, in addition to the company’s articles of association and board membership policies and standards.

The Board of Directors will be elected for the new session at the next General Association meeting, which will be announced later after obtaining the necessary approvals from the competent authorities

Email: IR@arabsea.com

For inquiries, you can contact the Investor Relations Department at:

Phone: 920000559 EX:111

1. To meet the conditions, criteria and procedures necessary for membership in the Board of Directors. (attached).

2. Submitting a nomination application in writing to the company stating his desire to run for Nomination. (attached) within the period specified in the announcement.

3. Fill out and submit Form No (1) CV in Arabic and English (attached)

4. Fill out and submit Form No (3) issued by the Capital Market Authority (attached), which can be obtained from the website of the Capital Market Authority at the following link: https://cma.org.sa/RulesRegulations/FormsSite/Pages/default.aspx

5. An introduction to the candidate including his resume, qualifications, experience, contact numbers and e-mail attached with a personal photo, copies of qualifications and experience certificates, and submission of all documents and certificates supporting what was stated in the candidacy application.

6. Attach a clear and valid copy of the national identity card as well as a copy of the family register, a copy of the passport for non-Saudis.

7. The candidate for membership of the The Board of Directors must not have been convicted of a crime against honor and honesty, and not be insolvent or bankrupt, or become unfit for The Board of Directors membership in accordance with any system or instructions in force in the Kingdom

8. The nominee for the membership of the Board shall abide by the principles of honesty, trustworthiness, loyalty, care and concern for the interests of the company and shareholders, and prioritizing them over his personal interest.

9. The candidate shall not be a member of the boards of more than five joint stock companies listed on the Saudi Stock Exchange at the same time.

10. In the case of a Nomination for membership of the Board as an independent member, he must not be subject to any of the cases that contradict independence in accordance with the regulations of the Capital Market Authority

11. Voting in the General Assembly, whose date will be set later, will be limited to those who have nominated themselves for membership in the The Board of Directors in accordance with the terms and criteria for Nomination.