| Introduction | With reference to Molan Steel Co. announcement dated 20 July 2025 regarding its receipt of a notice of registration of a commercial lawsuit filed by Yara International Limited before the Commercial Court in Riyadh, and the judgment issued in the lawsuit requiring Molan Steel Co. to pay the claimant an amount of SAR 17,880,970 Molan Steel Company announces that on 4 january 2026, a final judgment was issued canceling the decision to suspend the enforcement of the judgment against Molan Steel Co. |
| Previous Announcement | The commercial lawsuit filed by Yara International Limited |
| Date of Previous Announcement on Saudi Exchange’s Website | 2025-07-20 Corresponding to 1447-01-25 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | A judgment was issued on 4 January 2026 by the Commercial Court of Appeal in Riyadh in the lawsuit filed by Molan Steel Company against Yara International Limited, canceling the decision to suspend the enforcement of the judgment issued against Molan Steel Company requiring it to pay Yara International Limited an amount of SAR 17,880,970 and ruling again to dismiss the request to suspend enforcement. |
| Reasons For The Delay on The Date of The Event Previously Announced | Not applicable |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | Not applicable |
| Delay consequences on the Company’s financial results | Not applicable |
