| Introduction | Saudia Dairy & Foodstuff Co. (SADAFCO) announced its Board recommendation to repurchase of up to (2,709,627) of the Company’s shares to be held as treasury shares, as the Board believes the current share price is below its fair value. |
| Board of director’s recommendation date | 2026-03-08 Corresponding to 1447-09-19 |
| Purpose of Purchase | Retain them as Treasury Shares |
| Purpose of Purchase (If the Purpose to Keep the Shares as Treasury Shares) | The Board of Directors believes the current share price is below its fair value |
| Number of Shares to be Bought | 2709627 |
| Shares Class and type | Ordinary Shares |
| Method of Financing the Purchasing Process | From the Company's own resources |
| Current Percentage of the Treasury Shares at the Company out of the Total Class of Shares Purchased | The Company currently holds 1.663% (540,373) of its ordinary shares as treasury shares |
| Approvals and Meeting the Conditions of Financial Appropriateness | Extraordinary General Assembly approval must be obtained for the shares buy-back transaction, also financial solvency requirements stipulated in Implementing Regulations issued pursuant to the Companies Law shall be fulfilled |
| Voting Right | Purchased shares shall not have voting rights in the general assembly’s meetings |