Scan Steels Ltd — Important, 15-04-2026: Company Update

Scan Steels has clarified that the Escrow Payment Mechanism does not apply to the company. They stated that this requirement is not applicable because the company has not issued any financial instruments or arrangements that would trigger its use. Consequently, Scan Steels is not required to make any related disclosures or submissions. This update provides clarity on the company's operational status concerning certain financial requirements, assuring stakeholders that no additional obligations related to this mechanism are in effect.