Abdul Karim Al-Rajhi appointed BOD Chairman of Watani Iron and Steel, Youssef Al-Tarif managing director

Watani Iron and Steel Company announced on Tuesday the decision of the Board of Directors to appoint the Chairman of the Board of Directors and Vice-Chairman of the Board of Directors and the formation of committees and the appointment of representatives of the company to the Capital Market Authority and the Saudi Stock Exchange (Tadawul) and the appointment of the Secretary of the Board as follows:

First: Appointing Mr. Abdul Karim Mohammed Al-Rajhi as Chairman of the Board of Directors

Second: Appointing Mr. Mishaal Abdul Karim Al-Rajhi as Vice-Chairman of the Board of Directors

Third: Appointment of Mr. Youssef Muhammad Al-Tarif (executive member) as Managing Director of the company

Fourth: Appointing Mr. Yazid Abdullah Al-Marzouq – Secretary of the Board of Directors

Fifth: Formation of committees emanating from the Council as follows:

A: Audit Committee

1- Mr. Yasser Zuman Saad Al-Zoman – Chairman of the Audit Committee

2 – Mr. Meshary Abdul Karim Al-Rajhi – Member

3- Mr. Faisal Muhammad Hammad Al-Obaid, member

Sixth: Appointing the company’s representatives at the Capital Market Authority and the Saudi Stock Exchange (Tadawul), who are:

1 – Mr. Youssef Muhammad Al-Tarif – Member of the Board of Directors

2 – Mr. Yazid Abdullah Al-Marzouq – Secretary of the Council

This comes in reference to the meeting of the Extraordinary General Assembly (first meeting) of Watani Iron and Steel Company held on Tuesday, 06 June 2023, which includes the election of the Board of Directors for its new session, which starts from the date of 02 July 2023 and ends on 01 July 2026 for a period of three years.