premargin

Element List	Explanation
Announcement Detail	Based on the letter received by Al Yamamah Steel Industries Company from Al Yamamah Company for Reinforcing Steel Bars (a subsidiary, a closed joint stock company) stating that its Board of Directors has recommended raising the company’s capital by an amount of SAR 300 million through the offering of Rights Issue Shares (knowing that its current capital amounts to SAR 300 million), in order to proceed with the steel billet factory project. This will be achieved by issuing an additional 25 million shares at a price of SAR 12 per share, and offering them to the company's shareholders for subscription, after obtaining the approvals of the relevant authorities.. The subsidiary has requested Al Yamamah Steel Industries Company to confirm its potential participation in contributing to the capital increase subscription. The Board of Directors of Al Yamamah Steel Industries Company resolved by circulation on November 13, 2025, in accordance with Article (22) of the company's Articles of Association and after due examination, to participate in the subscription of 6.3 million Rights Issue Shares in the subsidiary company at a price of SAR 12 per share, for a total amount of SAR 75,600,000, to be financed from the company's own resources, Al Yamamah Steel Industries Company’s share in Al Yamamah Company For Reinforcing Steel Bars (the subsidiary) will become 51% after raising its capital, which requires the subsidiary company to obtain the approvals of the relevant authorities. * We would like to inform you that the current shareholding of Al Yamamah Steel Industries Company in the subsidiary is 72.5% before the increase in the subsidiary's capital.

Element List

Explanation

Announcement Detail

Based on the letter received by Al Yamamah Steel Industries Company from Al Yamamah Company for Reinforcing Steel Bars (a subsidiary, a closed joint stock company) stating that its Board of Directors has recommended raising the company’s capital by an amount of SAR 300 million through the offering of Rights Issue Shares (knowing that its current capital amounts to SAR 300 million), in order to proceed with the steel billet factory project. This will be achieved by issuing an additional 25 million shares at a price of SAR 12 per share, and offering them to the company's shareholders for subscription, after obtaining the approvals of the

relevant authorities..

The subsidiary has requested Al Yamamah Steel Industries Company to confirm its potential participation in contributing to the capital increase subscription.

The Board of Directors of Al Yamamah Steel Industries Company resolved by circulation on November 13, 2025, in accordance with Article (22) of the company's Articles of Association and after due examination, to participate in the subscription of 6.3 million Rights Issue Shares in the subsidiary company at a price of SAR 12 per share, for a total amount of SAR 75,600,000, to be financed from the company's own resources, Al Yamamah Steel Industries Company’s share in Al Yamamah Company For Reinforcing Steel Bars (the subsidiary) will become 51% after raising its capital, which requires the subsidiary company to obtain the approvals of the relevant authorities.

* We would like to inform you that the current shareholding of Al Yamamah Steel Industries Company in the subsidiary is 72.5% before the increase in the subsidiary's capital.

Al Yamamah Steel Industries Company announces the issuance of a decision by the Board of Directors of Al Yamamah Steel Industries Company to subscribe to the capital increase of Al Yamamah Company for Reinforcing Steel Bars (a subsidiary - a closed joint stock company).