EMSTEEL BUILDING MATERIALS PJSC

On 28 October 2024, the Board of Directors of EMSTEEL Building Materials PJSC held a meeting where they elected H.E. Hamad Abdulla Mohamed Al Hammadi as the Chairman and Mr. Ahmed Ali Al Shamsi as the Vice Chairman of the Board. Additionally, the Audit and Risk Committee was formed with Mr. Abdulaziz Abdulla Al Hajri as the Committee Chairman, and Mrs. Fatima Abdulla Al Fahim and Mr. Nabeel Qadir as Committee Members.

The Board of Directors of EMSTEEL Building Materials PJSC is scheduled to meet on October 28, 2024, at 5:15 PM. The agenda includes the election of the Chairman and Vice-Chairman of the Board and the formation of the Board's committees. This notification is from Eng. Saeed Ghumran Al Remeithi, Group CEO of EMSTEEL, and a copy has been sent to the Securities and Commodities Authority.

The General Assembly Meeting of EMSTEEL Building Materials PJSC took place on 22 October 2024 from 3:30 pm to 3:50 pm, chaired by Hamad Abdulla Mohamed Al Hammadi. The meeting was conducted both physically and electronically via video conference, with a quorum attendance of 87.73% through electronic voting. The assembly elected the following individuals as members of the Board of Directors for a three-year term: Hamad Abdulla Mohamed Alshorafa Alhammadi, Saeed Ghumran Saeed Salem Al Remeithi, Abdulaziz Abdulla Ismail Mohamed Alhajri, Nabeel Qadir, Fatima Abdulla Mohamed Sharif Abdulla Alfahim, Farah Abdulla Mohamed Al Mazrui, and Ahmed Ali Muhammad Ali Al Shamsi. No special decisions or resolutions were made.

EMSTEEL Building Materials P JSC has announced the list of candidates for its Board of Directors following the opening of nominations on September 30, 2024. These candidates will be presented to shareholders at the Extraordinary General Assembly Meeting on October 22, 2024. The candidates include H.E. Hamad Abdulla Mohamed Alshorafa Alhammadi, Mr. Abdulaziz Abdulla Ismail Mohamed AlHajri, Mr. Saeed Ghumran Saeed Salem AlRumeithi, Mrs. Fatima Abdulla Mohamed Sharif Al Fahim, Mrs. Farah Abdulla Mohamed Ali Almazrui, Mr. Ahmed Ali Mohamed Ali Alshamsi, Mr. Omar Saeed Jumaa Al Shaikh Alromaithi, Mr. Nabeel Kader, and Mr. Omer Elhussein Babiker Idris.

Emsteel Building Materials P.J.S.C, a public joint stock company, has announced the opening of nominations for membership on its Board of Directors. The nomination period runs from Monday, September 30, 2024, to Thursday, October 10, 2024. Interested candidates who meet the nomination criteria should submit their applications electronically via email to ir@emsteel.com, including a profile and supporting documents, and specifying the type of membership they are applying for (Executive Member, Non-Executive Member, or Independent Member). There are seven vacant seats available on the Board. The nomination period is open for 10 days in accordance with Article 9 of the Chairman of Authority’s Board.

The Board of Directors of Emsteel Building Materials PJSC invites shareholders to attend the general assembly meeting at Emirates Steel Industries in Musaffah, Abu Dhabi, UAE. Shareholders can also participate remotely via an electronic link provided through SMS or email upon online registration. The meeting will be held at 3:30 PM on Tuesday, October 22, 2024, to discuss the agenda and vote on proposed resolutions. The main agenda item is the election of the members of the Board of Directors. Shareholders who have the right to attend may delegate someone else, excluding Board members, company employees, or brokerage firms, with a special written power of attorney. The attorney must not represent more than 5% of the company’s capital.

The Board of Directors of EMSTEEL Building Materials Company PJSC issued a resolution by circulation on September 17, 2024. This decision was made in accordance with relevant federal and company laws and regulations. The Directors unanimously agreed that the matter was urgent, necessitating a resolution without a physical meeting. The resolution calls for inviting the Company’s General Assembly to convene on October 22, 2024, to elect new Board members. The Directors have signed this resolution as documented.

On 12 September 2024, Emsteel Building Materials PJSC notified the Disclosure & Compliance Section and Market Operation Surveillance Department of the Abu Dhabi Securities Exchange that its Board of Directors will issue a resolution by circulation on 17 September 2024. The agenda includes considering the convening of the Company’s General Assembly to elect new members of the Board of Directors. The notification was signed by Eng. Saeed Ghumran Al Remeithi, Group Chief Executive Officer of EMSTEEL Group. A copy was also sent to the Securities and Commodities Authority (SCA).

Emirates Steel Arkan has appointed Mark J.S. Tonkens as the new Group Chief Financial Officer (GCFO), effective September 2, 2024. Mark Tonkens previously served as CFO at BME - Building Materials Europe and has held senior financial positions at Borealis and Philips. He will replace Stephen J. Pope, who will transition to a strategic advisory role within the Group CEO Office after 17 years with the company. The company highlights Stephen's significant contributions, including guiding the Group through a merger and public listing. CEO Eng. Saeed Ghumran Al Remeithi expressed gratitude for Stephen's leadership and looks forward to Mark's expertise driving future financial strategies. Emirates Steel Arkan aims to continue its growth and enhance shareholder value under Tonkens' leadership. The company is a major UAE steel and building materials manufacturer, supplying local and international markets and supporting the UAE's industrial strategy.

The document is a formal notification from Emsteel Building Materials PJSC, addressed to the Disclosure & Compliance Section of the Abu Dhabi Securities Exchange. It announces the appointment of Mr. Mark J.S. Tonkens as the new Group Chief Financial Officer (GCFO) of the company, effective from 02 September 2024. The notification is signed by Eng. Saeed Ghumran Al Remeithi, the Group Chief Executive Officer of Emsteel Building Materials PJSC. A copy of the notification has also been sent to the Securities and Commodities Authority (SCA).