Al Yamamah Steel Industries Company announces that its subsidiary, Al Yamamah for Reinforcing Steel Bars Company, has signed a contract for the manufacturing, supply, and installation of steel billet production equipment with a specialized European company.

Element List	Explanation
Introduction	Al Yamamah Steel Industries Company announces that its subsidiary, Al Yamamah for Reinforcing Steel Bars Company (a closed joint-stock company with an independent legal personality), has signed a contract for the manufacturing, supply, and installation of steel billet production equipment with a specialized European company, with a contract value equivalent to SAR 270,000,000. *This announcement has been made in accordance with the applicable disclosure and transparency requirements and within the prescribed disclosure limits, ensuring the disclosure of all material and financial information while safeguarding trade secrets and competitive advantages that could adversely affect the interests of the Company and its shareholders
Date of Announcement of the Award	2026-07-14 Corresponding to 1448-01-29
Contract Subject Matter	A contract for the manufacturing, supply, and installation of steel billet production equipment with a specialized European company, with a value equivalent to SAR 270,000,000.
The Entity with Which the Contract was Signed	A specialized European company.
Date of Signing the Contract	2026-07-14 Corresponding to 1448-01-29
Contract Value	equivalent to SAR 270,000,000
Contract Details	A contract for the manufacturing, supply, and installation of steel billet production equipment with a specialized European company, with a value equivalent to SAR 270,000,000. *This announcement has been made in accordance with the applicable disclosure and transparency requirements and within the prescribed disclosure limits, ensuring the disclosure of all material and financial information while safeguarding trade secrets and competitive advantages that could adversely affect the interests of the Company and its shareholders
Contract Duration	Two and a half years
Financial Impact and the Relevant Period	The financial impact of the contract is expected to be reflected in the second half of 2028 .
Related Parties	No related parties