Anaam International Holding Group announces signing a Memorandum of Understanding with Masar Al-Ola Trading Company

Anaam International Holding Group signed a non-binding 180-day Memorandum of Understanding (MoU) to potentially acquire up to 51% of Masar Al-Ola Trading Company, which operates the "Hashikom" restaurant chain.
The transaction value will be determined by a licensed valuation company, with the acquisition expected to be settled through the issuance of new Anaam Group shares to the owners of Masar Al-Ola.
Masar Al-Ola reported sales growth from approximately SAR 47 million to SAR 90 million by the end of 2025, with annual profits doubling over the same three-year period.
The potential acquisition is subject to financial, legal, and operational due diligence and aims to diversify Anaam’s portfolio within the food and restaurant sector.

Element List	Explanation
Introduction	Anaam International Group Holding Company announces the signing of a non-binding Memorandum of Understanding (MoU) with Masar Al-Ola Trading Company, a Saudi company that owns and manages the “Hashikom” restaurant chain and has experience and knowledge in the restaurant and food investment sector.
Memorandum Signing Date	2026-06-21 Corresponding to 1448-01-06
Counterparty	Masar Al-Ola Trading Company
Memorandum Subject	A Memorandum of Understanding (non-binding) for the purpose of a possible acquisition by Anaam Group of a percentage of the shares of Masar Al-Ola Trading Company and with the intention of a possible purchase of up to 51% of the capital shares of Masar Al-Ola Trading Company, provided that the value of the transaction is determined based on the results of the financial valuation of Masar Al-Ola Trading Company from one of the licensed valuation companies, all in exchange for the issuance of shares from Anaam Group Holding Company for the benefit of the owners of Masar Al-Ola Trading Company, provided that it is subject to The agreement to duly complete due diligence on financial, legal, operational and other aspects to reach a final agreement.
Memorandum Duration	180 days from the date of signing the memorandum and may be renewed by a written agreement between the two parties.
Related Parties	None.
Financial Impact	The financial impact will be determined after the completion of the final assessment.
Additional Information	1/This acquisition aims to diversify the business of Anaam Holding Group and work to take advantage of the opportunities in the food and restaurant sector, which represent great importance in the development of the local economy and diversification of sources of income. 2/Masar Al-Ola Trading Company and its Branches, a limited liability company based in Riyadh, the company has succeeded in doubling the number of its branches during the past three years, which was reflected in the growth of its sales from about 47 million riyals to about 90 million riyals by the end of 2025, and the annual profits for the same period doubled, which establishes a good phase of growth supported by geographical expansion and central production centers. The company is also currently moving towards a new growth phase based on the establishment of factories and central production centers to support the current and future branch network, in a way that raises operational efficiency, reduces costs and enhances profit margins.