Scan Steels Ltd — Important, 12-02-2026: Company Update

Scan Steels Limited clarified its position regarding the Escrow Payment Mechanism, stating it is not applicable to the company. The company confirmed it has not issued any financial instruments or arrangements that would require such a mechanism, meaning no disclosure or submission is needed. This update reassures investors about the company's compliance status and highlights that its current financial structure does not involve certain complex instruments that would trigger this regulatory requirement, streamlining its operational compliance.