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Element List	Explanation
Introduction	Almunajem Foods Co. announces that it has received a first installment of the loan granted by the Saudi Industrial Development Fund in the amount of SAR 11.6M, out of the total financing value of SAR 97.3M to finance the foods factory in Jeddah as previously announced.
Date of obtaining the funding	2025-12-22 Corresponding to 1447-07-02
Financing entity	Saudi Industrial Development Fund
Financing amount.	SAR 97.3M
Financing duration.	8 years including a grace period of two year
Guarantees offered for the financing	1- Promissory notes for the full financing value 2- A mortgage bond for all assets under the factory
Financing objective	The objective of seeking financing from the Saudi Industrial Development Fund is to obtain long-term funding to partially fund the Company’s approved capital expenditure for the expansion of the company’s foods production facility in Jeddah.
Related Parties	N/A
Additional Information	With reference to the previously announced, the production capacity of the factory amounts to 35 thousand tons, and work is currently underway to complete the final finishing stage. It is scheduled to commence the installation of manufacturing line equipment in the first quarter of 2026, with the expected start of commercial operations during the second quarter of 2026.

Almunajem Foods Co. Announces Obtaining a the first installment of the loan granted by Saudi Industrial Development Fund