Al Mohafaza for Education opens Board nominations for new term

ALMOHAFAZA FOR EDUCATION
9598 -6.04% 22.55 -1.45

Riyadh — Mubasher: The board members of Al Mohafaza Company for Education announced the opening of the nomination period for candidates seeking election to its board of directors for the next four-year term, according to a bourse filing.

The company plans to fill six seats for the session scheduled to run from 16 January 2027 until 15 January 2031.

The nomination period began on 26 October 2026 and will remain open until 26 November 2026.

Interested candidates must submit their applications to the Nominations and Remunerations Committee at the company’s headquarters in Hafar Al Batin or via electronic mail.

According to the disclosure, nominees must comply with the Companies Law and Corporate Governance Regulations.

Key requirements include that a candidate may not hold more than five memberships in listed joint-stock companies simultaneously.

The final election of board members will take place during an upcoming General Assembly meeting, the date of which will be announced following regulatory approvals.

The company, which has a paid-up capital of SAR 80 million, confirmed that cumulative voting will be employed during the election process.

Source: Mubasher Source: {{details.article.source}}