Riyadh Steel Co. Announces the formation of the Audit Committee

17 February 2025 07:22 AM

RIYADH STEEL 9588 15.15% 1.90 0.25

Element List	Explanation
Introduction	Riyadh Steel Company announces that the Board of Directors have approved, in their resolution dated 16/02/2025, the formation of the Audit Committee. The committee’s term will commence on 16/02/2025 and conclude at the end of the current Board session on 17/01/2027.

Element List	Explanation
Appointed Member Name	Dr. Murya Saad Al Habash
Membership Start Date	2025-02-16 Corresponding to 1446-08-17
Brief Resume of the Appointed Member	Dr. Murya Saad Al-Habash holds a PhD in Financial Accounting from Durham University (UK) and is a member of Saudi Organisation of Chartered and Professional Accountants (SOCPA). He is a university professor in the Department of Accounting at King Khalid University and serves as a board member and Chairman of the Audit Committee for several joint-stock companies
The date of the approval by other official authorities	N/A

Element List	Explanation
Appointed Member Name	Abdullah bin Khalaf Al-Yousef
Membership Start Date	2025-02-16 Corresponding to 1446-08-17
Brief Resume of the Appointed Member	Mr. Abdullah Al-Yousef holds a Bachelor's degree in Management Information Systems from King Fahd University of Petroleum and Minerals. He is also a Chartered Financial Analyst (CFA), a Certified Facilities Assessor accredited by the Saudi Authority for accredited valuers, and a licensed financial advisor from the Ministry of Commerce Mr. Abdullah has extensive experience in the financial and advisory sectors, having held several leadership positions, such as Senior Consultant at Smart Guide Company, and Corporate Finance Relationship Manager in a number of Saudi and Gulf banks. Additionally, he serves as a member of the board of directors and committees for multiple public and private shareholding companies
The date of the approval by other official authorities	N/A

Element List	Explanation
Appointed Member Name	Abdullah bin Hamad Al-Rabie
Membership Start Date	2025-02-16 Corresponding to 1446-08-17
Brief Resume of the Appointed Member	Mr. Abdullah bin Hamad bin Mohammed Al-Rabie has over 27 years of experience in the financial and regulatory sectors. He holds membership as a chief and serves on the audit committees of various listed and non-listed joint-stock companies. Additionally, he has extensive experience in the field of internal audit
The date of the approval by other official authorities	N/A

Element List	Explanation
Date of Board Meeting in which Appointed New Member(s) were Appointed	2025-02-16 Corresponding to 1446-08-17
Additional Information	N/A

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