Announcement of the final price for the initial public offering of Alamar Foods

HSBC Saudi Arabia in its capacity as the Financial Advisor, Bookrunner, Lead Manager and Underwriter on the potential initial public offering of Alamar Foods (“Alamar” or the “Company”) announces on behalf of the Company the successful completion of the book-building process for the Participating Parties tranche and the setting of the final offer price at SAR (115) per share with a coverage of (47.5x) of the total offer shares.

The Individual Investors tranche subscription process will commence on Wednesday the 20th of July and ends on Thursday the 21st of July. A maximum of (1,063,339) Offer Shares, representing 10% of the total Offer Shares, will be allocated to Individual Investors.

For more information and for the prospectus, please visit the Capital Market Authority website (www.cma.org.sa) and Alamar’s website (https://alamar.com/ipo/).

Date: 30 June 2022