Riyadh Steel Co. Announces Appointment Audit Committee Member

14 October 2025 09:28 AM

RIYADH STEEL 9588 -4.38% 1.53 -0.07

Element List	Explanation
Introduction	Riyadh Steel Company announces that its Board of Directors, in a resolution passed on 13/10/2025 AD, has appointed Mr. Naif bin Khalifa Al-Mulhim as a member of the Company's Audit Committee. This appointment fills a vacant position and will serve to complete the current term of the Audit Committee, which concludes at the end of the Board's session on 17/01/2027 AD.

Element List	Explanation
Appointed Member Name	Mr. Naif bin Khalifa Al-Mulhim
Membership Start Date	2025-10-13 Corresponding to 1447-04-21
Brief Resume of the Appointed Member	Mr. Naif Al-Mulhim is the managing partner of Tarkiz Management Consulting Company and ValuHub & partners for Business valuation Company. He holds a bachelor’s degree in management information systems from King Fahd University of Petroleum and Minerals. He also holds an associate degree in Economic Asset Valuation from the Saudi Commission for Accredited Valuers. He worked in the banking sector for 10 years as a SME Corporate Regional Manager at National Commercial Bank in the Eastern Province. During his experience of more than 20 years, he specialized in the valuation and restructuring of companies, acquisitions and asset valuation. He worked as a consultant for several initiatives to promote local content and support small and medium enterprises. Mr. Naif holds several board and committee memberships in the private sector companies.
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	2025-10-13 Corresponding to 1447-04-21
Additional Information	N/A

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