| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Raydan Food Company is pleased to invite the esteemed shareholders to participate and vote in the Ordinary General Assembly Meeting (First Meeting), scheduled to be held, God willing, at 8:00 p.m. on Tuesday, 30 June 2026, corresponding to 15 Muharram 1448H, in person and through modern technology means using the Tadawulaty system. |
| City and Location of the General Assembly's Meeting | The Company's Head Office in Jeddah – Al Safa District – Abdullah Al-Sharbtly Street, in person and via modern technology means. |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2026-06-30 Corresponding to 1448-01-15 |
| Time of the General Assembly’s Meeting | 20:00 |
| Methodology of Convening the General Assembly’s Meeting | Attendance in-person and via modern technology means |
| Attendance Eligibility, Registration Eligibility, and Voting End | Each shareholder whose name is registered in the Company's shareholder register maintained by the Securities Depository Center (Edaa) at the end of the trading session preceding the General Assembly Meeting shall be entitled to attend the meeting, in accordance with the applicable laws and regulations. The right to register attendance for the General Assembly Meeting shall expire at the time the meeting commences. Furthermore, the right of attendees to vote on the Assembly's agenda items shall expire upon the completion of the vote-counting process by the Scrutineering Committee. |
| Quorum for Convening the General Assembly's Meeting | For this General Assembly Meeting to be validly convened, shareholders representing at least 25% of the Company's share capital must be present, in accordance with Article (34) of the Company's Articles of Association. If the required quorum is not met at the first meeting, a second meeting shall be held one hour after the expiration of the period specified for the first meeting. The second meeting shall be deemed valid regardless of the number of shares represented therein |
| General Assembly Meeting Agenda | 1. To review and discuss the Board of Directors’ Report for the financial year ended 31 December 2025. 2. To review and discuss the financial statements for the financial year ended 31 December 2025. 3. To vote on the External Auditor’s Report for the financial year ended 31 December 2025 after discussing it. 4. To vote on discharging the members of the Board of Directors from liability for the financial year ended 31 December 2025. 5. Voting on the disbursement of remuneration to the members of the Board of Directors in the amount of SAR 1,282,362 for the period from 21 April 2025 until the end of the fiscal year on 31 December 2025. 6. To vote on the payment of remuneration to the members of the Board of Directors in the amount of SAR 678,472 for the period from 1 January 2026 to 20 May 2026. 7. To vote on the appointment of the Company’s external auditor from among the nominees, based on the recommendation of the Audit Committee, to examine, review, and audit the financial statements for the second quarter, third quarter, and annual financial statements of the fiscal year ending in 2026, as well as the first quarter of 2027, and to determine the auditor’s fees. (Attached) 8. To vote on the Board of Directors’ resolution appointing Mr. Ghassan Nabil Abdulilah Naseef as an Independent Board Member effective from 17 February 2026 until the end of the current Board term on 19 May 2029, succeeding Mr. Abdullah |
| Proxy Form | Proxy Form |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Shareholders are entitled to discuss the items on the General Assembly Meeting agenda and submit questions regarding such items. Shareholders may also cast their votes remotely on the agenda items through the electronic voting service available on the Tadawulaty platform at www.tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | Shareholders registered with the Tadawulaty services may vote electronically and remotely on the General Assembly agenda items starting from 1:00 a.m. on Friday, 26 June 2026, corresponding to 11 Muharram 1448 AH, until the end of the General Assembly Meeting. Registration and voting through Tadawulaty will be available free of charge to all shareholders via the following link: www.tadawulaty.com.sa |
| Method of Communication in Case of Any Enquiries | Should you have any inquiries, please contact the Shareholder Relations Department through the following channels: Telephone: +966 12 678 1177 Email: corporate.governance@raydan.com.sa |
| Attached Documents | Attached Documents Attached Documents Attached Documents Attached Documents |
Raydan Food Co. Board invites its shareholders to attend the Ordinary General Assembly Meeting the (First Meeting)
AI Summary
- Raydan Food Company invited shareholders to an Ordinary General Assembly Meeting scheduled for June 30, 2026, to review financial statements and the Board’s report for the fiscal year ended December 31, 2025.
- Shareholders will vote on discharging Board members from liability and approving Board remuneration of SAR 1,282,362 for the 2025 period and SAR 678,472 for the period from January 1 to May 20, 2026.
- The agenda includes appointing an external auditor for the 2026 fiscal year and Q1 2027, and voting on the appointment of Mr. Ghassan Nabil Abdulilah Naseef as an independent board member.
- Electronic voting via the Tadawulaty system will open to registered shareholders starting June 26, 2026.
