Dubai Refreshment Company P.J.S.C.

The text is a formal notification regarding a meeting of the Board of Directors for Dubai Refreshment P.J.S.C. The meeting is scheduled for Tuesday, 29 April 2025, at 10:00 AM, and will be held both at the company's premises in Dubai Investment Park 2 and via online video technology. The agenda includes reviewing and approving the interim financial report for the first quarter of 2025, as well as discussing internal matters and making necessary decisions. The letter is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and is signed by Karem Mahmoud, Director of Legal at Dubai Refreshment P.J.S.C.

On Thursday, 13 March 2025, Dubai Refreshment PJSC held a General Assembly Meeting chaired by Mr. Ahmad Alserkal, the Chairman of the Board of Directors. The meeting took place at the company's headquarters in Dubai Investment Park 2 and was also accessible online. It started at 12:00 PM and concluded at 12:30 PM. The quorum for the meeting was 69.9192% of the total attendance, with 42.3358% attending personally and 27.5834% by proxy. Electronic voting accounted for 69.9192% of the attendance. During the meeting, the assembly approved the Board of Directors' report on the company's activities and financial position for the year ending 31 December 2024, the external auditors' report, and the company's balance sheet and profit and loss account for the same period.

Dubai Refreshment (PJSC) has invited its shareholders to attend the annual General Assembly meeting on March 12, 2025, at 12:00 PM. The meeting will be held electronically and at the company's premises in Dubai Investment Park 2. The agenda includes reviewing and approving the Board of Directors’ and Auditor’s reports, discussing the company's financial statements, approving board remuneration, discharging board members and auditors for the fiscal year 2024, appointing auditors for 2025, and considering a proposal for dividend distribution of AED 90 million. The meeting will also involve approving new board member appointments and authorizing the Board of Directors to make voluntary contributions for 2025, not exceeding 2% of the average net profits over the past two years. Shareholders can delegate representatives to attend on their behalf, with certain restrictions.

The document contains the reports and financial statements for Dubai Refreshment (P.J.S.C.) for the year ending December 31, 2024.

On 11 February 2025, the Board of Directors of Dubai Refreshment P.J.S.C held a meeting at their premises in Dubai Investment Park 2 and via online video technology. During this meeting, they approved the financial statements and the Integrated Report for the year 2024. Additionally, they agreed on the date and agenda for the Annual General Assembly, scheduled for 12 March 2025 at 12:00 PM, to be held at the company premises and online, pending approval from the Securities and Commodities Authority (SCA).

On 10 February 2025, Dubai Refreshment PJSC announced the resignation of Mr. Ibrahim Abdulrazaq Mohamed Ustadi from his position as an independent Board member, effective immediately, due to personal reasons. The Board of Directors accepted his resignation and wished him success in his future endeavors and good health. They will take necessary steps to appoint a replacement and will update the markets accordingly. The announcement was made by Karem Mahmoud, Director of Legal.

Date: 4 February 2025 Ref: LM_LTR_003_2025 Mr. Hamed Ahmed Ali, CEO of Dubai Financial Market, is informed that the Board of Directors of Dubai Refreshment P.J.S.C will meet on Tuesday, February 11, 2025, at 11:00 AM. The meeting will be held at the company premises in Dubai Investment Park 2, Dubai, and via online video technology. The agenda includes reviewing and approving the audited financial statements for 2024, approving the invitation and agenda for the 2025 Annual General Assembly pending SCA approval, and discussing various internal matters to make appropriate decisions. Sincerely, Dubai Refreshment P.J.S.C Karem Mahmoud Director of Legal

Dubai Refreshment PJSC has announced that its CEO, Mr. Tarek Elsakka, will retire after 17 years with the company. Mr. Mahmoud El Meligy, the current COO, will succeed him as CEO effective January 1, 2025. Mr. El Meligy, who joined the company in 2012 and became COO in 2017, has a 27-year career in the soft drinks industry, with experience in several countries. The Board of Directors thanked Mr. Elsakka for his service and expressed confidence in Mr. El Meligy's ability to lead the company to continued growth.