| Element List | Explanation |
|---|---|
| Introduction | Riyad Steel Company is pleased to announce the board of director’s recommendation to disburse cash dividends to its shareholders for the fiscal year 2025 as follows: |
| Date of the board’s recommendation | 2026-04-09 Corresponding to 1447-10-21 |
| The Total amount distributed | 3,500,000 SAR |
| Number of Shares Eligible for Dividends | 70,000,000 |
| Dividend per share | 0.05 SAR |
| Percentage of Dividend to the Share Par Value (%) | 5 |
| Eligibility date | The entitlement date for dividend will be for shareholders who own shares on the day of the company’s General Assembly’s meeting , and who are registered in the company’s shareholder register with Securities Depository Center (Edaa) at the end of the second trading day following the date of the general Assembly meeting, the date of which will be determined later. |
| Distribution Date | The dividend payment date . will be determined later |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | No applicable |
| Additional Information | The company would like to inform its shareholders that cash dividends will be distributed through the Securities Depository Center Company "Edaa", which will transfer the dividends to their investment accounts. Therefore, shareholders are required to ensure their bank details are updated to guarantee the seamless deposit of the dividends into their accounts. We would also like to inform our non-resident foreign shareholders that cash dividends transferred through a resident financial broker shall be subjected to 5% withholding tax upon transfer or credit to their bank accounts, in accordance with Article (68) of the Income Tax Law and Article (63) of its implementing regulations. If you have any queries, please contact the Investor Relations Department through the following channels: By email: finance@riyadhsteel.com.sa Phone: +966 11 269 4804 |