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Rights Issue and Distribution

Overview

Savola Group (“Savola”) has announced its intention to proceed with the distribution of its entire 34.52% shareholding in Almarai, the Middle East’s leading food and beverage company, to eligible Savola shareholders following a SAR 6.0 billion rights issue. This will be subject to regulatory authorities’ approvals and thereafter EGM approval.

The objective of the distribution of the Almarai shares owned by Savola Group is to unlock value for Savola’s shareholders, who will benefit from direct exposure to the growth potential and future dividend capacity of Almarai, one of the region’s leading food companies. Almarai has been one of the most successful investments for Savola Group to date.

The rights issue will allow Savola to strengthen its financial position and continue to invest in the growth of its portfolio, while paying down debt and enabling the distribution of the Almarai shares to eligible Savola shareholders.

Disclaimer

The following pages contain information relating to a proposed transaction by the Savola Group Company ("Savola").

This information is not addressed to residents of certain countries based on the applicable securities law regulations in their jurisdictions. However, it is addressed to the eligible investors as per the Saudi Capital Market rules and regulations; any investment or investment activity to which this website and the information contained herein relate are available only to those eligible investors; persons who are not eligible investors should not take any action on the basis of these materials and should not act or rely on them.

No representation or warranty, express or implied, is made as to, and no reliance should be placed by any person for any purpose on the information contained in this website, accuracy, completeness, or correctness, or fairness of the information contained in this website. The information in this website is subject to change, update, revision, verification and amendment and such information may change materially without notice. Nonetheless, Savola is under no obligation to update or keep the current information contained in this website updated.

Savola assumes no responsibility if there is a violation of applicable law and regulations by any person. Therefore, if you are not eligible investor as per the CMA rules and regulations, you are not permitted to view the materials on this website or are in any doubt as to whether you are permitted to view these materials, please exit this webpage.

Access to electronic versions of these materials is being made available on this webpage by Savola in good faith and for information purposes only and should be taken in this context and do not constitute any solicitation or advice to participate in the transaction.

By clicking "Confirm" you confirm and certify that you have read and understood the foregoing, and hereby make the certifications above and agree to comply with all of the above restrictions.