SearchSaudi Basic Industries Corporation (SABIC) announces the opening of the Board of Directors nomination for the next term
19/12/2021
| Item | Details |
| Announcement Title | Saudi Basic Industries Corporation (SABIC) announces the opening of the Board of Directors nomination for the next term |
| Introduction |
Saudi Basic Industries Corporation (SABIC) is pleased to announce to the Shareholders that it opens the nomination for Board Membership. The nomination is open to select nine members, including at least three independent members as defined by the Corporate Governance Regulations issued by the Capital Market Authority. The nomination for the Board Membership for the next term, will be in accordance with the provisions of the Companies Regulations issued by the Ministry of Commerce and the Corporate Governance Regulations issued by the Capital Market Authority, in addition to the Board Membership Policy approved by the Ordinary General Assembly. Candidates will be nominated at the next General Assembly Meeting, which will be announced later. |
| Type of Assembly | New Session |
| Assembly Start Date | 10/4/2022 |
| Assembly End Date | 9/4/2025 |
| Number of members | 9 |
| Application Start Date | 19/12/2021 |
| Application End Date | 20/1/2022 |
| Applications Submission Method |
Application of candidate must be submitted during the official working hours of the Company, from 7:30 am to 4:00 pm, and before the Application End Date, by sending it to one of the following addresses: Saudi Basic Industries Corporation (SABIC) Remuneration and Nomination Committee Post Address:
National Address (Wasel):
E-mail:
|
| Application Requirements |