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Element List	Explanation
Introduction	Al Yamamah Steel Industries Company announces to its valued shareholders the calling candidature for Board Members election for the next four-year term, which begins on 06-26-2026 and ends on 06-25-2030, in accordance with the Rules and procedures stipulated in the Companies Law issued by the Ministry of Commerce and the corporate governance regulations issued by the Capital Market Authority, and the policies and procedures for membership in the Board of Directors of Al Yamamah Steel Industries Company approved by the General Assembly, noting that the candidates will be elected during the next General Assembly meeting, which will be announced at a later time after obtaining the necessary approvals from the competent authorities.
Type of Assembly	New Session
Term Start Date	2026-06-26
Term End Date	2030-06-25
Number of members	7
Nomination Start Date	2026-04-02 Corresponding to 1447-10-14
Nomination End Date	2026-05-02 Corresponding to 1447-11-15
Applications Submission Method	The application for candidacy shall be sent to Al Yamamah Steel Industries Company to the attention of the Nominations and Remunerations Committee through one of the following channels: 1- Delivery and handling at the company's main office at the following address (Riyadh, Al-Sittin Real Estate, the sixth floor, the second tower) 2 - Email: cg@yamsteel.com 3 - Registered mail: P.O. Box 30844 Jeddah 21487 Kingdom of Saudi Arabia For inquiries, please contact the following numbers: Tel: 012 6371515 ext. 1121
Policy and criteria of nomination	Candidacy requirements: 1. Each shareholder has the right to nominate himself or another person or more for membership of the Board of Directors, within the limits of his ownership percentage in the capital. 2. The candidate should have the competence by obtaining the academic qualifications and enjoy leadership, strategic direction, planning and possess technical and administrative capabilities. 3. The candidate should not be a member of the board of directors of five (listed) joint-stock companies at the same time. 4. That the candidate is committed to allocating enough and appropriate time to carry out his specializations and duties towards membership. 5. That he has not been convicted of a crime involving moral turpitude or dishonesty, and that he has not been convicted of violating behavior in the financial markets or commercial business. 6. Financial knowledge: by being able to read and understand financial statements and reports. 7. Healthy fitness: that he has no health impediment that hinders him from exercising his duties and specializations. Candidacy Criteria: 1. The candidate's resume, qualifications, and previous and current academic experience 2. To attach with the application a copy of the national identity card for individuals, the commercial register for companies and institutions, and the candidate's contact numbers 3. Fill in the CV form of the candidate for membership of the Board of Directors of a listed joint-stock company No. (3) of the Capital Market Authority (attached). 4. A statement from the candidate who previously held or is still a member of the boards of a joint-stock company with the number and dates of the meetings of the boards of directors of the joint-stock company he attended while serving as a member of its boards of directors. 5. A statement of the companies or establishments in which the candidate participates in management or ownership, and which carry out business similar to the company's business, or have contracts or joint interests with the company. 6. The commitment of the candidate, if elected to the membership of the Board of Directors, to provide the required disclosures in accordance with the policy of conflict of interests of the members of the Board of Directors and senior executives. 7. If the candidate has previously been a member of the Board of Directors of Al Yamamah Steel Industries Company, he must attach a statement from the company’s management about the last session in which he assumed the membership of the Board, including the following information: a) The number of board meetings that took place during each year of the session, the number of meetings attended by the member, and the percentage of his attendance to the total number of meetings. b) The permanent committees in which the member participated, the number of meetings held by each of those committees during each year of the session, the number of meetings he attended, and the percentage of his attendance to the total number of meetings. c) A summary of the financial results achieved by the company during each year of the session.
Attachment of the CMA approved resume for the nominees for board memberships in the joint-stock companies listed on the Saudi Exchange	Attachment of the CMA approved resume for the nominees for board memberships in the joint-stock companies listed on the Saudi Exchange
Attached Documents	Attached Documents Attached Documents Attached Documents

Al Yamamah Steel Industries Co. announces the opening of the nomination period for the board of director’s membership