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Element List	Explanation
Introduction	Almunajem Foods Company is pleased to announce the signing of a strategic partnership agreement with Balady Poultry Company.
Date of Announcement of the Award	2026-01-15 Corresponding to 1447-07-26
Contract Subject Matter	Almunajem Foods Company will undertake the marketing and distribution of poultry products produced by Balady Poultry Company.
The Entity with Which the Contract was Signed	Balady Poultry Company
Date of Signing the Contract	2026-01-15 Corresponding to 1447-07-26
Contract Value	No specific value has been determined for this agreement.
Contract Details	Balady Poultry Company will produce and package poultry products, and Almunajem Foods Company will undertake the marketing and distribution inside and outside the Kingdom of Saudi Arabia under the brands owned by Almunajem Foods Company and Balady Poultry Company, on a profit-sharing basis.
Contract Duration	7 years
Financial Impact and the Relevant Period	It is expected that the financial impact will be reflected positively on the Company’s results during the term of this agreement.
Related Parties	The Managing Director of Almunajem Foods Company, Eng. Thamer Abdulaziz Abanumay, has an indirect interest in this agreement, being the Vice Chairman of the Board of Directors of Balady Poultry Company. The member of the Board of Directors of Almunajem Foods Company, Mr. Abdullah Omar Bawazir, has an indirect interest in this agreement, as he is a Board member of Balady Poultry Company.
Additional Information	The agreement aims to support continuous shared growth for both companies and increase the market share of locally produced products in the Saudi market with higher quality and improved operational efficiency. This partnership reflects strategic integration between the producer, Balady Poultry Company, and the marketer and distributor, Almunajem Foods Company, in order to achieve mutual objectives in the poultry sector.

Almunajem Foods Co. Announces the signing of a strategic partnership agreement with Balady Poultry Company