On July 1, 2026, Raydan Food Co. announced the results of its Ordinary General Assembly Meeting held on June 30, 2026, at the company's Jeddah headquarters with 28.51% shareholder attendance. The meeting approved the external auditor's report and discharged board members from liability for the 2025 financial year, while rejecting board remuneration payments totaling SAR 1,282,362 for April-December 2025 and SAR 678,472 for January-May 2026. Shareholders approved the appointment of PKF Al Bassam Chartered Accountants as external auditor for a total fee of SAR 595,000 and confirmed Mr. Ghassan Nabil Abdulilah Naseef as an Independent Board Member effective February 17, 2026, through May 19, 2029.

Original announcement:

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