For those who have the conditions and qualifications of membership system and in accordance with the conditions, controls and requirements contained in the statutory provisions, especially the Companies Law issued by the Ministry of Commerce and Investment, and the Corporate Governance Regulations issued by the Capital Market Authority, and directives issued by the Saudi Arabian Monetary Authority senior Positions The Saudi Arabian Monetary Authority (SAMA) governs the financial institutions under the supervision of the Saudi Arabian Monetary Authority (SAMA), as well as the Corporate governance issued by SAMA, as well as the policy, criteria and procedures for nomination to the Board of Directors of the Company, as well as the regulations applicable to the appointment of directors.

1. Each shareholder shall be entitled to nominate himself or another person or more to the membership of the Board of Directors within the limits of his ownership percentage in the capital.

2. Honesty, integrity and sincerity in his work and showing the highest standards of good conduct.

3. The candidate does not have a conflict of interest.

4. Integration of the candidate's experiences with the experiences of the rest of the council members.

5. Skill, experience, leadership, practical sense, integrity, wisdom, age, experience in the corporate field.

6. Experience in leading a listed company, majoring in insurance, reinsurance or the investment sector.

7. The ability to make decisions.

8. The approval of the Saudi Arabian Monetary Agency on the candidates

9. The candidate should have sufficient experience, honesty and managerial skills that contribute to enhancing the company's leading role

10. The candidate shall not serve on the board of directors of more than five listed companies simultaneously.

11. The candidate should not have been convicted by a judicial ruling or a crime of dishonesty.

12. He shall not be a government employee, unless he is a representative of a government entity, companies established by the State, or persons of public legal status.

13. The candidate should not be insolvent or bankrupt.

14. The candidate shall not be a member of a board of directors or a member of an emerging committee or occupy any of the leading positions in another Saudi insurance and / or reinsurance company.

15. An act by the candidate to conduct contrary behavior in financial markets or business.

16. The candidate should have scientific and practical experience.

17. The candidate must be in compliance with the provisions of the applicable laws, regulations and instructions.

18. The candidate shall be committed to allocate sufficient and appropriate time to carry out his competence and duties towards membership.

19. The candidate shall enjoy independence and non-conflict of interest.

Contraindications:

None of the following persons may be nominated for membership in a board of directors:

1. If he was previously convicted of a crime against honor and honesty.

2. If he has a statutory impediment or a judicial order preventing him from membership of the Board of Directors, such as exceeding the minimum number of memberships of boards of directors, or issuing a decision by the Committee for the Resolution of Securities Disputes that prevents him from working in companies listed in the market.

3. If his candidacy is inconsistent with the availability of the minimum number of independent members, as determined by the laws and regulations

Nomination Requirements:

1. Completing and signing the nomination form by the candidate and filling the attached tables, taking into account the periods and times stipulated in the company's announcement, regulations, regulations, circulars and related decisions.

2. Resume, qualifications and previous and current experience.

3. Attach a clear copy of the ID (Passport, National ID), contact numbers of the candidate and include latest the candidate's residence address, mobile phone number, telephone number, and e-mail address.

4. Fill the fit and proper application form in PDF-WORD. The form can be obtained through SAMA website.

5. Fill out Disclosure Form No. (3) In (PDF-WORD). The form can be obtained through the website of the Capital Market Authority.

6. A statement of the companies or institutions in which the candidate participates in the management or ownership of the company and conducts business similar to insurance or Re-insurance business or has contracts or common interests with the company.

7. A candidate who has previously served on the board of directors of a joint stock company shall attach a statement of the number and dates of the boards of directors of the companies of which he is a member. Membership of the Council including the following information:

A. The number of meetings of the Board of Directors held during each year of the session, the number of meetings attended and the percentage of attendance to the total meetings

B. Standing Committees in which the member participated and the number of meetings held by each of these committees during each year of the session and the number of meetings attended and the proportion of attendance to the total meetings

C. Summary of the financial results achieved by the company during each year of the cycle

8. If the candidate is elected to the Board of Directors, the candidate shall submit the required disclosures in accordance with a policy that conflicts with the interests of the members of the Board of Directors and the members of the committees.

9. In the case of the interests of the candidate or the representative directly or indirectly with the company, he must provide a detailed statement in addition to any information related to any contract to which the company is a party and the candidate has a fundamental interest or any person related to him or if he participates in an action that would compete with the company. In its works