Material Sustainability Issues

Qatar Steel’s materiality assessment plays a crucial role in understanding the expectations and needs of our stakeholders. In 2020, a complete materiality assessment was conducted, allowing us to identify and prioritise the most signifcant sustainability issues through an inclusive and comprehensive stakeholder engagement process. As part of our sustainability management approach, we refresh our material issues every two years. This process involves reviewing the evolving industry landscape and emerging trends while ensuring consistency with our vision, mission, and values. Additionally, during the annual management review meeting focused on sustainability management, the

QNV, but also on an international scale, aligning with the United Nations Sustainable Development Goals (UN SDGs) and the World Steel Association Sustainability Development Charter (worldsteel). relevance of these topics is assessed.

In 2022, the refreshed list of material topics resulted in a set of 23 focus areas. To identify them, we analyzed regional and international peers, considered industry standards, national and international frameworks and declarations, and considered the priorities set by ESG rating agencies.

For details regarding the boundary for each material topic identified and for our Sustainability

Maturity Assessment kindly refer below: