TAM Development Company is pleased to announce to its shareholders the opening of candidacy for the Board of Directors for the upcoming term starting from 30/10/2024 for a period of four years, to elect five members. The candidacy for the Board of Directors for the upcoming term will be by the provisions of the Companies Law issued by the Ministry of Commerce, the Corporate Governance Regulations issued by the Capital Market Authority, in addition to the Policies, Standards, and Procedures of Membership in the Board of Directors (attached) approved by the General Assembly of the company. The election of the Board of Directors members for the upcoming term will take place during the next General Assembly meeting, which will be announced later after obtaining the necessary approvals from the relevant authorities. Method of Receiving Candidacy Applications: Candidacy applications and their attachments must be submitted to the company before the candidacy period ends through one of the following methods: Email to the attention of the Chairman of the Nominations and Remuneration Committee: ir@tam.sa Registered mail: 8428 King Fahd Road, Riyadh, Saudi Arabia, Postal Code 12363 | Unit No. 11119 | Additional Number 4250 Hand delivery to the Secretariat of the Nominations and Remuneration Committee at the company’s headquarters located on King Fahd Road – Al Faisaliah District – Grand Tower opposite Riyadh Gallery Mall – during official working hours. For inquiries, you can contact the Secretariat of the Nominations and Remuneration Committee at the following number: 0544704183. Candidacy Policies and Standards: First: Conditions for Candidacy for Board Membership: Fulfillment of the standards stated in the Policy and Standards of Membership in the Board of Directors approved by the General Assembly of the company. (attached) The candidate must not hold membership in more than five listed joint-stock companies simultaneously. Second: Requirements for Candidacy for Board Membership: