NOFOTH BOD Approves Transition to the Main Market

Nofoth Food Products Co. (the “Company”) announced on Monday the Board of Directors’ resolution to approve its transition from the Parallel Market to the Main Market (the “Transfer”), and to appoint Estidamah Capital as a financial advisor regarding the transition.

According to the announcement published on “Tadawul”, the transition will be subject to the approval of the Saudi Stock Exchange in accordance with the Listing Rules, and conditional on meeting all requirements imposed by Tadawul Saudi Arabia.