Qatar Exchange | Baladna | BALADNA REACHED 10% SHARE OWNERSHIP IN JUHAYNA FOOD INDUSTRIES (EGYPT) 

 Baladna Company announced its purchase on May 24, 2022 - 1,400,000 shares (Gross Transaction value of EGP 12,390,000, equivalent to QAR 2,480,854) of Juhayna Food Industries (Company listed on Egyptian Stock Exchange) on 24th May 2022 and accordingly we have reached 10.138% stake equivalent to 95,442,802 shares in Juhayna. Below mentioned the summary of Investment as of 24 May 2022.- No. of Shares purchased to date: 95,442,802 Shares.- Total Investment to date EGP 635,047,187.87 (Equivalent to QAR 138,699,099).- We would also like to point out that the purchase was made through a series of transactions, the first of which was on 13 July 2021 and on 6 March 2022 Baladna reached a 5% stake in Juhayna's capital. After that, Baladna Company continued its share purchase, thus raising its share in the Juhayna Company’s capital to reach on 24 May 2022 to 95,442,802 shares, which is equivalent to 10.138% of Juhayna’s total capital.Baladna is a market leader in the Qatar dairy market and has shown resilient growth over the last 3 years. According to the developed strategy the company wants to continue its growth path within Qatar and to expand to other countries outside Qatar into F&B market. This is by taking into consideration both green field and brown field projects to enhance the shareholder value. Investment decisions are based on very detailed analysis of the market. Egypt market with population more than 100 million is large and promising F&B market. Being the market leader, Juhayna company is expected to be most beneficial from the market growth with strong distribution network.Juhayna Food IndustriesA leading Egypt-based manufacturer specialized in the production, processing and packaging of dairy, juice, and cooking products. Since its founding in 1983, it has secured a frontrunner position in the dairy and juice industries in Egypt and has expanded its presence in the Middle East, a feat made possible through its firm commitment to delivering a wide range of high-quality, healthy, and safe products that have become trusted household names.Additional Information - Juhayna: • A public listed company on Egyptian Exchange-EGX• ISIN No. EGS30901C010• Total Company shares to-date: 941,405,082 shares• Registered address: Juhayna Headquarter, Polygon, Building No. 02, Beverly Hills, Sheik Zayed – Giza, Egypt)