The Knowledge Economic City Company Announces the Opening of the Nomination for the Company’s Board of Directors in its New Cycle

The Knowledge Economic City Company Announces the Opening of the Nomination for the Company’s Board of Directors in its New Cycle

Knowledge Economic City Company (the Company) is pleased to announce to its respected shareholders the nomination opening for the membership of its board of directors in its new cycle commencing 28 July 2024 for a three-year term ending on 27 July 2027. The nomination process will be in accordance with the provisions of the Saudi Companies Law and the Corporate Governance Regulations issued by the Capital Market Authority, in addition to the Company's bylaws, policies, standards, and procedures for membership in the Board of Directors approved by the assembly general meeting. The new board will be elected for the new cycle during the next general assembly meeting, which will be announced according to the related procedures and after obtaining the necessary approvals from the competent authorities to hold the meeting. The voting to elect Board members for the new cycle will be part of the general assembly meeting, which will be announced in accordance with the related procedures and after obtaining the necessary approvals from the competent authorities to hold the meeting.

The Knowledge Economic City Company Announces the Opening of the Nomination for the Company’s Board of Directors in