Hayat Invest Company announced the opening of nominations for its board membership for a new term of three years (2025, 2026, 2027).
The nomination period will remain open for two weeks starting today, Monday, February 24, 2025, in compliance with the requirements of Book Five (Securities Activities and Registered Persons) of the Executive Bylaw of the Capital Markets Authority Law No. 7 of 2010.
This includes nominations for board membership as Executive, Non-Executive, and Independent, which encompasses the nomination of two independent members.
The company urges shareholders interested in nominating themselves for board membership and those who meet the relevant rules and regulations of the Capital Markets Authority as outlined in the Executive Bylaw, along with specific instructions for independent members, to submit their applications during official working hours at its headquarters. Applications must be submitted using the designated form provided by the authority, together with supporting documents demonstrating they meet the necessary conditions for submission to the Capital Markets Authority.
All nomination applications are subject to prior approval from the authority; the nomination form is available on the company's website www.hayatinvest.com.
Election of a board of directors