Element List	Explanation
Introduction	Raydan Food Company announces that, with reference to its previous announcement dated 29-05-2025 regarding the Board of Directors’ recommendation to reduce the Company’s capital and subsequently increase it through a rights issue, the Company would like to clarify that Albilad Capital will not continue in its role as the financial advisor, lead manager, and underwriter for the capital increase process. The Company will disclose any material developments in this regard, including the appointment of a new financial advisor or underwriter, once the related procedures are completed.
Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website	2025-05-29 Corresponding to 1446-12-02
Hyperlink to the Previous Announcement	Click Here
Change on the Development	Albilad Capital will not continue in its role as the financial advisor, lead manager, and underwriter for the capital increase process. The Company will disclose any material developments in this regard, including the appointment of a new financial advisor or underwriter, once the related procedures are completed.
Financial Impact on the change	None