Al-Moammar Information Systems Company (MIS) announces to its valued shareholders that the door for candidacy for membership of the company’s board of directors is open for the next board of directors session and for a period of three Gregorian years, the period extending from 19-12-1443 AH corresponding to 18-07-2022 AD until 22 -01 - 1447 AH corresponding to 17- 07-2025, in accordance with the controls included in the statutory texts, especially those contained in the Companies Law and its executive regulations issued by the Ministry of Commerce and the Corporate Governance Regulations issued by the Capital Market Authority and the relevant executive regulations, in addition to the policy and criteria for membership in the company’s board of directors emanating from the Nomination and Remuneration Committee Charter (attached).
Note that the cumulative voting method will be used to elect the members of the Board of Directors. The members will be elected during the next General Assembly meeting, the date of which will be announced later.
