Al Yamamah Steel approval delegating BOD to distribute Interim dividends on a semiannual / quarterly basis for 2022

Al Yamamah Steel Industries Co. announces the results of the Ordinary General Assembly meeting that was held remotely using the modern visual and audio technology (remote voting) at 6:30 pm on Monday 14-02-2022 , after completion of the legal quorum.

The meeting was held and the inquiries of the shareholders about the items of the meeting have been answered through the modern means of communication

It has been approved the appointment of Ibrahim Ahmed Al-Bassam & Co. as an Auditor for the Company among the candidates based on the recommendation of the Audit Committee, to review and audit the financial statements for the second, third , and Fourth quarters and the annual of 2022, and the first quarter of the fiscal year 2023 , and to determine his fees.

The approval of delegating the Board of Directors to distribute Interim dividends on a semiannual / quarterly basis for the fiscal year 2022.