premargin

Element List	Explanation
Date of Publishing the Previous Announcement Sought to be Corrected on Saudi Exchange’s Website	2026-01-05 Corresponding to 1447-07-16
Hyperlink to the Previous Announcement	Click Here
Incorrect statements in the previous announcement	The link included in the announcement refers to the announcement regarding the filing of the lawsuit by Yara International Limited: https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=88851&anCat=1&cs=9553&locale=en
Correct Statement	The link to the announcement on the latest developments regarding the lawsuit filed by Yara International Limited: https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=91564&anCat=1&cs=9553&locale=en
Additional Information	Yara International Limited had previously filed a lawsuit against Molan Steel Company, which resulted in a final judgment requiring Molan Steel Company to pay the claimant SAR 17,880,970. The development announced on 17 November 2025 included the issuance of a preliminary judgment to suspend enforcement of that judgment pending the adjudication of the contract nullification lawsuit filed by Molan Steel Company against Yara International Limited. The development announced on 5 January 2026 included the Court of Appeal issuing a judgment cancelling the decision to suspend enforcement. It should be noted that the contract nullification lawsuit is still pending before the first-instance court and has not yet been adjudicated.

Correction announcement from Molan Steel Co. in regards to the latest developments regarding the lawsuit filed by Yara International Limited.