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SADAFCO Releases its First Sustainability Report

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Announcement Detail Saudia Dairy and Foodstuff Co. ("SADAFCO") has released its first Sustainability Report for the year 2021/22 under the theme, "Towards Sustainability” in accordance with the GRI Standards. This report aims to provide stakeholders with a comprehensive view of SADAFCO’s approach and practices on sustainability.

As part of the ESG roadmap development, SADAFCO undertook its first materiality assessment and identified 14 material topics grouped into four strategic focus pillars Consumer, Environment & Climate, People & Community and Governance. The Company’s sustainability strategy and roadmap were further aligned with the Sustainable Developments Goals (SDGs), the Saudi Vision 2030 and the National Transformation Plan.

The report highlights SADAFCO’s commitment to address environmental, social and governance (ESG) risks and opportunities and showcases various initiatives undertaken by the Company to reduce GHG emissions, improve water efficiency, reduce wastage, improve employee wellbeing, strengthen governance, etc.

The report can be accessed on our website at:

http://sadafcoir.sadafco.com/sustainability

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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