Clarification Announcement from Modern Mills for Food Products Company Regarding the Wheat Supply Agreement with the General Food Security Authority | premargin

Clarification Announcement from Modern Mills for Food Products Company Regarding the Wheat Supply Agreement with the General Food Security Authority

TadawulJuly 15, 2025View on exchange

Element List	Explanation
Announcement Detail	Modern Mills Company would like to inform its valued customers and shareholders that the commitment period under the wheat supply agreement signed with the General Food Security Authority (GFSA) on 15/04/1442H (corresponding to 30/11/2020G) has ended as of July 12, 2025. As of the date of this announcement, the Company has not received any official notification from GFSA regarding changes to the current subsidized pricing policy. This indicates the continued application of the existing generous government support without any modification. Modern Mills Company reaffirms its unwavering commitment to supporting the Kingdom’s food security objectives and will promptly update its customers and shareholders should any developments arise from the Authority. For inquiries, please contact the Investor Relations Department via email: IR@modernmills.com.sa

Element List

Explanation

Announcement Detail

Modern Mills Company would like to inform its valued customers and shareholders that the commitment period under the wheat supply agreement signed with the General Food Security Authority (GFSA) on 15/04/1442H (corresponding to 30/11/2020G) has ended as of July 12, 2025.

As of the date of this announcement, the Company has not received any official notification from GFSA regarding changes to the current subsidized pricing policy. This indicates the continued application of the existing generous government support without any modification.

Modern Mills Company reaffirms its unwavering commitment to supporting the Kingdom’s food security objectives and will promptly update its customers and shareholders should any developments arise from the Authority.

For inquiries, please contact the Investor Relations Department via email:

IR@modernmills.com.sa