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Al Yamamah Steel Industries Co. issued an addendum to its Extraordinary General Assembly meeting invitation to include a certified public accountant's report regarding related party transactions.
The report by PKF Al Bassam provides limited assurance on business dealings and contracts involving direct or indirect interests of Board members for the fiscal year ended September 30, 2025.
Major transactions disclosed include sales to Masdar Building Materials Company (SAR 273.9 million) and Al Mohana Trading Company (SAR 115.7 million).
The Board of Directors confirmed that all listed contracts were conducted without preferential terms and were matching the transactions included in the audited financial statements.

Element List	Explanation
Introduction	Further to the company's announcement on the Tadawul website regarding the invitation of the Board of Directors of Al Yamamah Steel Industries Company to shareholders to attend the Extraordinary General Assembly meeting (first meeting)
Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website	2026-03-05 Corresponding to 1447-09-16
Hyperlink to the Previous Announcement	Click Here
Change on the Development	Attachment: A special report from the certified public accountant, as per article 71 of the Companies Law, includes the notification of the Chairman of the Board of Directors of any direct or indirect interest a member may have in business dealings and contracts, along with a statement and description of these dealings.
Financial Impact on the change	Not applicable
Attached Documents	Attached Documents

Addendum Announcement from Al Yamamah Steel Industries Co. in regards to the invitation of the Board of Directors of Al Yamamah Steel Industries Company to shareholders to attend the Extraordinary General Assembly meeting (first meeting)