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Element List	Explanation
Introduction	Balady poultry company is pleased to announce the signing of a strategic partnership agreement for production, packaging and marketing with Al-manjim food company, where al-manjim food company will market and distribute the poultry products in place of this agreement in the markets inside and outside the kingdom of Saudi Arabia.
Memorandum Signing Date	2026-01-15 Corresponding to 1447-07-26
Counterparty	Almunajem food company
Memorandum Subject	The agreement between Balady poultry company and al-manjim food company stipulates that almajem food company will market and distribute poultry products produced by Balady poultry company .
Memorandum Duration	7 years
Related Parties	Thamer Abdulaziz Abanmi, deputy chairman of the board of directors He has an indirect interest in this contract being the managing director of Almunajem food company Member of the board of Directors of Balady poultry company Mr. Abdullah Omar Bawazir He has an indirect interest in this contract being a member of the board of Directors of Almunajem food company
Financial Impact	It is expected that the financial impact will be reflected positively on the Company’s results during the term of the contract.
Additional Information	The agreement aims to support sustainable shared growth for both companies and increase the market share of locally produced products in the Saudi market with higher quality and improved operational efficiency. This partnership reflects strategic integration between the producer, Balady Poultry Company, and the marketer and distributor, Almunajem Foods Company, with the objective of achieving mutual objectives in the poultry sector.

Balady poultry company announces the signing of a strategic partnership agreement with Almunajem food company