Scan Steels Ltd — Important, 10-07-2026: Company Update

Scan Steels has clarified that the Escrow Payment Mechanism is not applicable to the company. Following an inquiry, the company stated it currently has no instruments or arrangements for which this mechanism would be required under regulatory guidelines. This means Scan Steels is not obligated to make any disclosures or submissions concerning the Escrow Payment Mechanism, simplifying its compliance reporting in this specific area.