Riyadh Cables Group Co. announces the opening of the nomination period for the board of director’s membership

This is an invitation to those who wish to nominate themselves for the board of directors’ membership.

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.

bodsec@riyadh-cables.com

In addition, nominees must complete the following requirements:

1-Commitment to the policy and criteria of the nomination for membership of the Board of Directors as approved by the General Assembly. (attached)

2-Submit a signed nomination request letter to the company’s Nominations and Remuneration Committee signed by the candidate. (attached)

3-Submit biography in Arabic and English, Form (1) supported by copy of his/her qualifications and experience in the field of corporate business management, whether directly through an executive position he or she has held, or indirectly through membership in the boards of directors. (Attached)

4-Submit a signed copy of Disclosure Form No. (3) issued by the Capital Market Authority for candidacy 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)

The form can also be obtained through the CMA’ website at the following link:

https://cma.org.sa/RulesRegulations/FormsSite/Documents/Form3.doc

5-Attach clear and valid copy of the national ID, family record, 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.

- Please provide all attachments required in (pdf) format.

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-Submitting a statement that includes the names of the joint stock companies in which the nominee participates as a member of their boards of directors and committees, and companies or institutions that are jointly managed or owned and carry out businesses like those of the company.

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.