| Introduction | Reference to BinDawood Holding Company’s announcement published on 07/04/2026 corresponding to 19/10/1447 regarding the acquisition of 51% of the shares in Vaza Food Company with a total transaction value SAR 217.9 million. Accordingly, the company is pleased to announce that it has obtained a non-objection certificate from the General Authority for Competition with respect to the completion of the economic concentration transaction relating to the Acquisition of Vaza Food Company on 03/05/2026 corresponding to 16/11/1447. |
| Previous Announcement | BinDawood Holding Company announces the signing of a Share Purchase Agreement for the acquisition of 51% of the shares in Vaza Food Company, valued at SAR 217.9 million. |
| Date of Previous Announcement on Saudi Exchange’s Website | 2026-04-07 Corresponding to 1447-10-19 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | The issuance of the General Authority for Competition non-objection certificate with respect to the completion of the economic concentration transaction through the Company’s acquisition of 51% of the share capital of Vaza Food Company. |
| Reasons For The Delay on The Date of The Event Previously Announced | Not Applicable |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | The company is investing an amount of SAR 217.9 million by acquiring 51% of the shares of Vaza Food Company. |
| Delay consequences on the Company’s financial results | Not Applicable |
| Additional Information | The Company will announce any other material development(s) in due course. |