Perfect Presentation for Commercial Services Co. (“2P”) announces the opening of nominations for membership of its Board of Directors for the upcoming term.
| Element List | Explanation |
|---|---|
| Introduction | Perfect Presentation for Commercial Services Co. (“2P”) announces the opening of nominations for membership of its Board of Directors for the upcoming four-year term, commencing on December 19, 2026, in accordance with the rules and procedures stipulated in the Companies Law and the Corporate Governance Regulations issued by the Capital Market Authority, in addition to the Membership Policies and Criteria for the Board of Directors of Perfect Presentation for Commercial Services Co. (“2P”) (attached), as approved by the General Assembly. Individuals who meet the applicable requirements and wish to nominate themselves are requested to submit their nomination applications to the Company during the nomination period specified below. The Company’s Nomination and Remuneration Committee will take into consideration, when evaluating candidates and seeking to achieve the required composition of the Board and its committees, diversity in academic qualifications and professional experience. Priority in nominations will be given to candidates with the skills and expertise required for membership of the Board of Directors and its committees, while ensuring that the number of independent directors does not fall below the minimum required for the composition of the Board in accordance with the applicable laws, regulations, rules, and mandatory requirements. The nominated candidates will be elected during the General Assembly meeting, the date of which will be announced at a later stage, subject to obtaining the necessary regulatory approvals. |
| Type of Assembly | New Session |
| Term Start Date | 2026-12-19 |
| Term End Date | 2030-12-18 |
| Number of members | 6 |
| Nomination Start Date | 2026-09-15 Corresponding to 1448-04-04 |
| Nomination End Date | 2026-10-16 Corresponding to 1448-05-05 |
| Applications Submission Method | Please submit your nomination application, together with the required documents, to the following email address: IR@2p.com.sa. Applications that do not fulfill all required submission requirements and attachments will not be considered after the application period closes. For further inquiries, please contact the Investor and Shareholder Relations Department through: phone: +966559908828 Email Address: IR@2p.com.sa |
| Policy and criteria of nomination | Each shareholder is entitled to nominate themselves, another person, or more than one person for membership of the Board of Directors, provided that the nominee meets the membership requirements and criteria set forth in the “Membership Policies and Criteria for the Board of Directors of Perfect Presentation for Commercial Services Company (2P)” (attached). Nomination Requirements: 1. Complete the Board of Directors Membership Nomination Application Form (attached). 2. Complete Form No. (1) the CV form of Perfect Presentation for Commercial Services Company “2P” (attached). 3. Attach a copy of the passport, national ID, and family register for Saudi nationals, or a copy of the passport, Iqama (residency permit), and family register for non-Saudi nationals. 4. Complete Form No. (3): “Curriculum Vitae of the Nominee for Membership of the Board of Directors of a Listed Joint Stock Company in the Saudi Financial Market (Tadawul)” (attached). 5. Complete the Independence Form (attached). 6. Any other forms, requirements, or additional documents specified by the regulatory or supervisory authorities or the Company. |
| Attachment of the CMA approved resume for the nominees for board memberships in the joint-stock companies listed on the Saudi Exchange |  |
| Attached Documents | |
Comments