Al Yamamah Steel Forms New Board for 2026-2030

ALYAMAMAH STEEL

ALYAMAMAH STEEL

1304.SA

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Al Yamamah Steel Industries Co. announced on June 24, 2026 the formation of its new board of directors and committees following the ordinary general assembly meeting held on June 14, 2026. The company appointed Khalid Abdullah Alshami as Chairman and Raed Ibrahim Almudaiheem as Vice Chairman of the Board of Directors, with Mohammed Khalid Alqahtani serving as Corporate Secretary. The new board established three committees: the Audit Committee chaired by Ahmed Ali Aldhabi, the Nomination and Remuneration Committee chaired by Ahad Abdulaziz Awaidha, and the Executive Committee chaired by Raed Ibrahim Almudaiheem. These appointments are effective for a four-year term beginning June 26, 2026 and ending June 25, 2030.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96324&anCat=1&cs=1304&locale=ar

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.