Edita Food Industries Secures USD 45 Million Loan from IFC to Fuel Expansion

Cairo, 1 October 2023

Edita Food Industries S.A.E. (the "Company") signed a Finance Agreement with the International Finance Corporation ("IFC"). IFC will enable the Company by virtue of the Finance Agreement to obtain a long term loan of a total amount of amount of USD 45,000,000 (forty-five million United States Dollars) with a tenor of eight (8) years for the purpose of financing the Company's working capital and capital expenditure in the Arab Republic of Egypt and the Kingdom of Morocco, the Company's international expansion plan and the settlement of up to USD 10,000,000 (ten million United States Dollars) of the previously granted IFC loan

—Ends—

Contacts

Ms. Menna Shams El Din

Head of Investor Relations & Corporate Affairs

T: +202 3851-6464 | M: +2010 0 154 2428 | menna.shamseldin@edita.com.eg

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END