| Element List | Explanation |
|---|---|
| Introduction | Addendum Announcement by Almunajem Foods regarding a Binding Subscription Agreement in Relation to an Investment in Al Jouf Agricultural Development Company |
| Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website | 2026-07-26 Corresponding to 1448-02-12 |
| Hyperlink to the Previous Announcement | Click Here |
| Change on the Development | With reference to Almunajem Foods Company's announcement regarding the execution of a binding subscription agreement to invest in Al-Jouf Agricultural Development Company, the Company announces the following: • The deal will be financed through the Company's internal resources and Shariah-compliant bank financing facilities. • There are no related parties of Almunajem Foods Company participating in this agreement. |
| Financial Impact on the change | There is no immediate financial impact of this announcement on the Company’s financial results. The financial impact, if any, will be determined at a later stage upon completion of the required regulatory procedures and implementation of the transaction |
| Additional Information | Almunajem Foods will disclose any material developments in this regard in due course, in accordance with the applicable laws and regulations. |