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Element List	Explanation
Introduction	Raydan Food Company announces the results of the Extraordinary General Assembly Meeting ( Second Meeting ), which was held remotely via modern technology means and physically at the company's headquarters at 8:00 PM on Sunday, 11-05-1447 (corresponding to 02-11-2025), according to the Umm Al-Qura calendar, after the legal quorum required for the validity of the meeting was achieved in accordance with the company's Articles of Association
City and Location of the Extraordinary General Assembly's Meeting	The company's headquarters located in Jeddah – Al Safa District – Abdullah Al-Sharbatly Street, both in-person and through modern technological means.
Date of the Extraordinary General Assembly's Meeting	2025-11-02 Corresponding to 1447-05-11
Time of the General Assembly’s Meeting	20:00
Percentage of Attending Shareholders	31.45%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees	The following Board Members attended the meeting: 1- Mr. Nair Bayan Al Sulami - Chairman of the Board of Directors 2- Mr. Sultan Mohammed Al Howymel - Vice-Chairman 3- Mr. Abdullah Ahmed Aldarwish 4- Mr.Adil Shamsuddin Siddiqi 5- Mr. Mazen Issa Al Harbi
Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Names of Those Attending on their Behalf	The following Committees’ Chairmen attended the meeting: 1- Mr.Adil Shamsuddin Siddiqi – Chairman of the Audit Committee 2- Mr. Sultan Mohammed Al Howymel – Chairman of the Nominations and Remuneration Committee 3- Mr. Abdullah Ahmed Aldarwish– Chairman of the Governance, Risk, and Compliance Committee 4- Mr. Nair Bayan Al Sulami – Chairman of the Executive Committee
Voting Results on the Items of the General Assembly's Meeting Agenda's	1- Approval by a percentage of 95% on the Board of Directors’ recommendation to reduce the company’s capital as follows: - Capital before reduction: SAR 158,084,670 - Capital after reduction: SAR 73,136,030 - Reduction percentage: 53.736% - Number of shares before reduction: 15,808,467 shares - Number of shares after reduction: 7,313,603 shares - Reason for the reduction: Restructuring the company’s capital to extinguish accumulated losses. - Method of capital reduction: Cancellation of 8,494,864 shares; 0.53736 shares will be canceled for each owned share. - Reduction date: At the end of the second trading day following the Extraordinary General Assembly meeting in which the capital reduction was approved. - Impact of the capital reduction on the company’s obligations: There is no impact on the company’s financial obligations. - Amendment of Article (7) of the company’s bylaws related to capital. - Amendment of Article (8) of the company’s bylaws related to share subscription
Additional Information	if you have any inquiries, please contact the Shareholders Relations Department: Phone: +966 12 6781177 Email: corporate.governance@raydan.com.sa

Raydan Food Company announces the results of the Extraordinary General Assembly meeting regarding the reduction of the company's capital ( Second Meeting )