Watani Iron Steel Co. Board invites its shareholders to attend the Ordinary General Assembly Meeting the (First Meeting) In person and via modern technology

Element List	Explanation
Introduction	The Board of Directors of Watani Iron and Steel Company is pleased to invite the esteemed shareholders to attend the Ordinary General Assembly meeting (first meeting) in person and through modern technological means using the Tadawulati system, God willing, at exactly 07:45 pm on Sunday, 01/13/1448 AH, corresponding to 06/28/2026 AD.
City and Location of the General Assembly's Meeting	Company headquarters - Riyadh - Old Kharj Road - Hit District In person and via modern technology
Hyperlink of the Meeting Location	Click Here
Date of the General Assembly's Meeting	2026-06-28 Corresponding to 1448-01-13
Time of the General Assembly’s Meeting	19:45
Methodology of Convening the General Assembly’s Meeting	Attendance in-person and via modern technology means
Attendance Eligibility, Registration Eligibility, and Voting End	Shareholders who are registered in the issuers shareholders record at the Depositary Center by the end of the trade session prior to the general assembly meeting and in accordance with the laws and regulations. The shareholder has the right to delegate whomever other than the board of directors. The right to register a name to attend the general assembly meeting ends at the time of convening the general assembly meeting. The attendees right to vote on the items of the assembly’s agenda ends upon the end of screening the votes by the Screening Committee.
Quorum for Convening the General Assembly's Meeting	The Ordinary General Assembly meeting shall be valid if attended by shareholders representing at least half of the company’s capital.
General Assembly Meeting Agenda	1) Review and discuss the Board of Directors' report for the fiscal year ending December 31, 2025. 2) Vote on the company's auditor's report for the fiscal year ending December 31, 2025, after discussion. 3) Review and discuss the company's financial statements for the fiscal year ending December 31, 2025. 4) Vote on the discharge of the Board of Directors from liability for the fiscal year ending December 31, 2025. 5) Vote on the participation of the Chairman of the Board, Mr. Meshal Abdulkarim Mohammed Al-Rajhi, in a business that competes with the company's business (attached). 6) Vote on the participation of Board member Mr. Meshari Abdulkarim Mohammed Al-Rajhi in a business that competes with the company's business (attached). 7) Vote on the election of Board members from among the candidates for the upcoming term, which begins on July 2, 2026, and lasts for four years, ending on July 1, 2030 (CVs attached). For candidates)
Proxy Form	Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right	The right to register attendance at the general assembly meeting ends at the time of the meeting, and the right to vote on the items of the assembly for those present ends when the counting committee finishes counting the votes. Shareholders have the right to discuss the topics listed on the agenda of the assembly and to ask questions.
Details of the electronic voting on the Assembly’s agenda	Shareholders registered with Tadawulaty services will be able to vote remotely on the General Assembly agenda items starting at 1:00 AM on Wednesday, June 24, 2026, until the end of the General Assembly meeting. Registration and voting through Tadawulaty services will be available free of charge to all shareholders via the following link: www.tadawulaty.com.sa
Method of Communication in Case of Any Enquiries	If you have any questions about the general assembly's agenda, please contact the Shareholder Relations Department directly at 0112524477 (during official business hours) or email at yalmarzooq@watanisteel.sa.
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