Saudi Steel Pipes Company at its Ordinary General Assembly Meeting held on May 5, 2021 approved the board's resolution to appoint Mr. Claudio Tocco (outside of the board of directors) as an Audit Committee member starting from November 5, 2020 until the end of the current committee's term on June 06, 2022, to succeed the former committee member Mr. Carlos Ferreyra, non-executive board member, former Audit Committee member) effective from November 5, 2020 pursuant to the Board resolution No.94-2 issued on November 4, 2020.