Scan Steels Ltd — Important, 19-08-2025: Company Update

Scan Steels Ltd. has reconstituted its key board committees, including the Audit, Nomination & Remuneration, Stakeholders Relationship, Risk Management, and Corporate Social Responsibility Committees. This re-alignment follows recent changes in the Board's composition, resulting from new appointments and cessations of directors. This strategic move ensures robust corporate governance and aligns the company's oversight functions with its current leadership, which is crucial for maintaining effective operations and investor confidence.