Raydan Food Co. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)

Element List	Explanation
Introduction	Raydan Food Company is delighted to announce to its esteemed shareholders the results of the Ordinary General Assembly meeting (First meeting).
City and Location of the General Assembly's Meeting	The Company's headquarters is in Jeddah, Al-Safa district, Abdullah Al Sharbatly St., through modern means of technology.
Date of the General Assembly's Meeting	2025-05-25 Corresponding to 1446-11-27
Time of the General Assembly’s Meeting	20:00
Percentage of Attending Shareholders	27.16 %
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees	The following Board of Directors members attended the meeting:

1- Mr. Nair Bayan Al sulami - Chairman of the Board of Directors

2- Mr. Sultan Mohammed Al Howymel - Vice-Chairman

3- Mr. Abdullah Ahmed Aldarwish

4- Mr.Adil Shamsuddin Siddiqi

5- Mr. Mazen Issa Al Harbi Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf The following individuals attended the meeting:

1. Mr. Adil Shamsuddin Siddiqui – Audit Committee Member

2. Mr. Sultan Mohammed Al Howymel – Nomination and Remuneration Committee Member

3. Mr. Abdullah Ahmed Aldarwish – Governance, Risk, and Compliance Committee Member

4. Mr. Mazen Issa Al Harbi – Executive Committee Member Voting Results on the Items of the General Assembly's Meeting Agenda's 1. The Board of Directors' report for the fiscal year ended December 31, 2024, was reviewed and discussed.

2. The financial statements for the fiscal year ended December 31, 2024, were reviewed and discussed.

3. Approval of the auditor report for the financial year ending on December 31, 2024, after discussion.

4. Approval of the releasing of the Board of Directors from their liabilities for the fiscal year ended 31 December 2024.

5. Approval of paying an amount of SAR 1,652,500 as remuneration for the Board of Directors for the financial year ending on December 31, 2024.

6. Approval of paying an amount of SAR 581,944 for the period from January 1, 2025, until the end of the Board’s term on April 20, 2025.

7. Approval of the appointment of PKF Al Bassam, Certified Public Accountants and Auditors, as the company's external auditor from among the nominated candidates based on the recommendation of the Audit Committee, to examine, review, and audit the financial statements for the second, third, and annual quarters of the fiscal year ending in 2025, as well as the first quarter of the fiscal year ending in 2026, for a fee of SAR 595,000. Additional Information For inquiries, kindly contact the Shareholder Relations Department:

Phone: +966 12 6781177

or via the E-mail:

corporate.governance@raydan.com.sa

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.