Edita Food Industries - Summary of Resolutions of the Board of Directors Meeting of the Company convened on 10/1/2023

Cairo 10/1/2023

Edita Food Industries SAE ("the Company") announces that the Board of Directors Meeting of the Company convened on 10/1/2023 and unanimously resolved the following resolutions:

1. The Board of Directors' unanimously approved the minutes of the previous Board of Directors Meeting (No. 166) dated 14/11/2022.

2. The Board of Directors unanimously approved the sale of 825 used twinkies trays (the big size) owned by Edita food industries S.A.E to Edita Food Industries Morocco with an amount of EUR 83,500 (eighty three thousand and five hundred Euros), equivalent to around EGP 2.4 million, in addition to delegating the Chairman of Board of Directors or any person he authorizes to take all the necessary procedures and sign the final contracts and take all necessary procedures to finalize this matter as well as representing the Company before all governmental authorities and third parties.

-Ends

Contacts

Ms. Menna Shams El Din

Investor Relations and Business Development Director

T: +202 3851 6464 | M: +20 100 1542428 | menna.shamseldin@edita.com.eg

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