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Announcement Detail	Saudia Dairy & Foodstuff Co. (SADAFCO) announced that, on 25 December 2025, its Board of Directors resolved to voluntarily liquidate three owned subsidiaries, following the decision to transition from a self-operated model to a distributorship model to reduce operating costs and improve efficiency by focusing on core activities. Below are the details of the subsidiaries: 1. SADAFCO Kuwait Foodstuff Co. W.L.L., it is 49% owned, with a capital of SAR 662,950. 2. SADAFCO Jordan Foodstuff Co. W.L.L., it is 100% owned, with a capital of SAR 1,331,749. 3. SADAFCO Bahrain Co. W.L.L, it is 100% owned, with a capital of SAR 500,000. It is important to highlight that SADAFCO products will continue to be available in these markets through an authorized distributors. The financial impact of liquidation is likely to be immaterial and will be reflected in the Company's consolidated financial statements following the completion of the liquidation procedures.

Element List

Explanation

Announcement Detail

Saudia Dairy & Foodstuff Co. (SADAFCO) announced that, on 25 December 2025, its Board of Directors resolved to voluntarily liquidate three owned subsidiaries, following the decision to transition from a self-operated model to a distributorship model to reduce operating costs and improve efficiency by focusing on core activities. Below are the details of the subsidiaries:

1. SADAFCO Kuwait Foodstuff Co. W.L.L., it is 49% owned, with a capital of SAR 662,950.

2. SADAFCO Jordan Foodstuff Co. W.L.L., it is 100% owned, with a capital of SAR 1,331,749.

3. SADAFCO Bahrain Co. W.L.L, it is 100% owned, with a capital of SAR 500,000.

It is important to highlight that SADAFCO products will continue to be available in these markets through an authorized distributors.

The financial impact of liquidation is likely to be immaterial and will be reflected in the Company's consolidated financial statements following the completion of the liquidation procedures.

Saudia Dairy and Foodstuff Co. ("SADAFCO") Announces its Board of Directors Resolution to Voluntarily Liquidate Three of Its Subsidiaries