Raydan Food Co. Announces the Submission of the Decrease of the Company’s Capital Application File to CMA

Element List	Explanation
Introduction	Further to the Announcement of Raydan Food Company on 27-01-1444H Corresponding to 25-08-2022G regarding the Board of Directors’ Recommendation to Reduce the Company's Capital.

Raydan Food Company wishes to inform its shareholders that it has submitted the application file to reduce the capital for approval to the CMA 12-02-1444H Corresponding to 08-09-2022G Date of Submitting the Application File to CMA 2022-09-08 Corresponding to 1444-02-12 Application Subject The reduction of the Company’s Capital Date of Announcing Board Recommendation to Decrease the Company's Capital on Tadawul's Website 2022-08-25 Corresponding to 1444-01-27 Additional Information The company will announce any future developments in this regard in due course.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.