| Element List | Explanation |
|---|---|
| Introduction | Riyadh Steel Company announces that its Board of Directors, in a resolution passed on 19/01/2026, approved the appointment of Engineer Bassam bin Mohammed bin Muaiqil Al-Bassam as a member of the Board of Directors (independent member), replacing Mr. Khalid bin Yahya Al-Yahya, to complete the current Board term, which ends on 17/01/2027AD. |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Bassam bin Mohammed bin Mu'aqil Al-Bassam |
| Membership Type | Independent |
| Membership Start Date | 2026-01-19 Corresponding to 1447-07-30 |
| Brief Resume of the Appointed Member | Engineer Bassam possesses over 25 years of diverse experience in investments, construction, utilities, engineering, industry, and the non-profit sector. He is a member of the board of directors of the King Abdullah Financial District Development Company (KAFD), a board member of the Smart Residence Company (SARC), a board member of the National Glass Industries Company (Glass) and Chairman of its Nominations and Remuneration Committee, a member of the Board of Trustees of Sulaiman Al Rajhi University, a member of the Executive Committee of the National Company for Real Estate Registration Services (Real Estate Registry), a member of the Executive Board of the Sulaiman Al Rajhi Charitable Foundation, Chairman of the Board of the Es’aad Association, and Chairman of the Governance, Compliance, and Risk Committee at the Ta’allum Association. He holds a Bachelor of Science degree in Engineering and an Executive MBA from the University of Southampton in the United Kingdom. He also holds an International Fellowship in Social Economics from Ibn Zohr University and an International Fellowship in Waqf Economics from the University of Granada in Spain, in addition to several specialized professional certifications. |
| The date of the approval by other official authorities | N/A |
| Element List | Explanation |
|---|---|
| Date of Board Meeting in which Appointed New Member(s) were Appointed | 2026-01-19 Corresponding to 1447-07-30 |
| Board Approval | Board Approval May not be Deemed Final, this Appointment Shall Be Put before the First General Assembly Meeting for Approval |
| Additional Information | For inquiries, please contact the Investor Relations Department: Email: finance@riyadhsteel.com.sa Phone: +966 11 269 4804 |
