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Element List	Explanation
Introduction	Naf Company for Feed for Industry (the “Company”) announces that it has obtained a loan from the Saudi Industrial Development Fund (SIDF) for the purpose of refinancing the second production line project for poultry and livestock feed, with a targeted annual production capacity of 244,800 tons. This financing forms part of the Company’s expansion plan aimed at doubling its production capacity and meeting the growing market demand, thereby enhancing operational flexibility, supporting product diversification, and providing integrated solutions in accordance with the highest quality standards
Date of obtaining the funding	2026-01-18 Corresponding to 1447-07-29
Financing entity	.Saudi Industrial Development Fund (SIDF)
Financing amount.	.Seven million (7,000,000) Saudi Riyals
Financing duration.	The loan shall be repaid in ten (10) semi-annual installments following the grace period, starting on 15/02/2027 and ending on 15/08/2031, in accordance with the repayment schedule agreed upon with the Saudi Industrial Development Fund.
Guarantees offered for the financing	• Promissory notes in the full amount of the loan totaling seven million (7,000,000) Saudi Riyals. • Personal financial guarantees from major shareholders covering 100% of the total loan amount. • A mortgage over all factory assets, including all machinery, equipment, tools, means of transportation, buildings, and construction works existing or to be established, together with all their fixed and movable appurtenances on the land leased by the Company from Al-Rass Municipality under Lease Contract No. (1428). • A mortgage over the entire plot of land under Title Deed No. (963004002076) dated 21/11/1437H, located in Riyadh Al-Khabra Governorate, Qassim Region, owned by one of the major shareholders and Chairman of the Board, Mr. Faiz Athaar Talheb Al-Harbi.
Financing objective	Refinancing the second production line project for poultry and livestock feed with a targeted annual production capacity of 244,800 tons, as part of the Company’s expansion strategy aimed at doubling production capacity, meeting increasing demand, enhancing operational flexibility, supporting product diversification, and providing integrated solutions in line with the highest quality standards.
Related Parties	None.
Additional Information	Two agreements related to the loan contract were executed with the Saudi Industrial Development Fund on 29/07/1447H (corresponding to 18/01/2026G), as follows: • A technical consultancy, evaluation, and economic feasibility study agreement for the industrial project related to the loan, with a value of 350,000 Saudi Riyals, payable to the Saudi Industrial Development Fund; and • A project monitoring agreement for the industrial project related to the loan, with total costs not exceeding 610,000 Saudi Riyals throughout the term of the agreement, payable to the Saudi Industrial Development Fund.

Naf Company for Feed for Industry Announces Obtaining a loan