Development Works Food Co. Announces the Results of the Ordinary General Assembly Meeting, ( Second Meeting )

Element List	Explanation
Introduction	The Board of Directors of Development Works Food Co.

is pleased to announce the results of the Ordinary General Assembly meeting (the second meeting), which was held at 21:00 on Monday 18/11/1442 corresponding to 28/06/2021, an hour after the date of the first meeting (which was It is supposed to take place at 20:00), noting that the first meeting was not held due to the lack of a quorum according to the system (where the attendance rate was 38.52%) and the attendance rate for the second meeting was 38.52%, noting that according to the company’s articles of association, the second meeting is valid regardless of the number of The shares represented therein. The meeting of the association was chaired by Mr. Ashry bin Saad Al-Ashry, Chairman of the Board of Directors City and Location of the General Assembly's Meeting The assembly was held remotely through modern technology, in the context of supporting efforts and preventive and precautionary measures from the competent and relevant authorities to address the emerging corona virus (Covid-19). Date of the General Assembly's Meeting 2021-06-28 Corresponding to 1442-11-18 Time of the General Assembly's Meeting 21:00 Percentage of Attending Shareholders 38.52 Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees The meeting was attended by the following members of the Board of Directors:

- Mr. Ashry bin Saad Al Ashry - Chairman of the Board of Directors

- Mr. Abdul Rahman bin Nasser Al-Asmari - Member of the Board

- Mr. Hisham bin Abdul Rahman Muqrin - Vice Chairman of the Board of Directors

- Mr. Anas bin Salih Al-Amoud - Member of the Board

- Mr. Musa bin Abdullah Al-Fuzan - Member of the Council Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf The meeting was attended by the following heads of committees and members:

- Mr. Musa Al-Fuzan - Member of the Audit Committee

- Mr. Mohammed Al Mubarak - Member of the Audit Committee

- Mr. Anas Al-Amoud - Chairman of the Nominations and Remunerations Committee Voting Results on the Items of the General Assembly's Meeting Agenda's 1) Approval of the financial statements for the fiscal year ending on 31/12/2020 AD.

2) Approval of the report of the Board of Directors for the fiscal year ending on 31/12/2020 AD.

3) Approval to absolve the members of the Board of Directors from liability for the fiscal year ending on 31/12/2020 AD.

4) Approval of the auditor’s report for the fiscal year ending on 31/12/2020 AD.

5) Approval of the report of the Audit Committee for the fiscal year ending on December 31, 2020.

6) Approval of the appointment of an auditor for the company from among the candidates based on the recommendation of the Audit Committee, in order to examine, review and audit the financial statements for the second, third, fourth and annual quarters of the fiscal year 2021 AD and for the first quarter of 2022 AD and determine his fees. Whereas, Al-Kharashi Office of Certified Public Accountants and Auditors was selected with a fee of (125) thousand Saudi riyals.

7) Approval of the Board of Directors’ decision to appoint (Mr. / Musa Abdullah Al-Fuzan) as an (independent) member of the Board of Directors starting from the date of his appointment on 06/07/2020 AD to complete the Board’s session until the end of the current session on 29/10/2021 AD to succeed the previous member Mr. Saad Sunitan Hudaib - Non-Executive). (CV attached).

8) Approval of the Board of Directors’ decision to appoint (Mr. / Muhammad Abdullah Al-Mubarak – a member from outside the Board) as a member of the Audit Committee, starting from 07/06/2020 AD until the end of the current committee’s work period on 29/10/2021 AD, in place of the committee member The former (Mr. / Ahmed Ibrahim Al-Ajla - a member from outside the Council), provided that the appointment takes effect from the date of the decision issued on 07/06/2020 AD, and this appointment comes in accordance with the work regulations of the Audit Committee (CV attached).

9) Approval of the Board of Directors’ decision to appoint Mr. Anas Salih Al-Amoud as an (independent) member of the Board of Directors starting from the date of his appointment on 01/12/2020 AD to complete the Board’s session until the end of the current session on 29/10/2021 AD. Replacing the previous member, Mr. Mohamed Saad Al-Ashry - Non-Executive (CV attached).

10) Approval of the Board of Directors’ decision to appoint (Mr. Musa Abdullah Al-Fuzan - independent member) as a member of the Audit Committee, starting from 11/11/2020 AD until the end of the current committee’s work period on October 29, 2021 AD, instead of the previous committee member ( Mr. Hisham Abdul Rahman Muqrin - Executive Member) provided that the appointment will take effect from the date of the decision issued on 11/11/2020 AD, and this appointment comes in accordance with the work regulations of the Audit Committee (CV attached).

11) Approval of the Board of Directors’ decision to appoint Mr. Hisham Abdel Rahman Muqrin (Executive) as Vice Chairman of the Board of Directors as of the date of his appointment on 07/12/2020 until the end of the current session on 10/29/2021.

12)Approval of the disbursement of an amount of (117,685) riyals as a bonus to the members of the Board of Directors for the fiscal year ending on December 31, 2020 AD.

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.