The Saudi Exchange announces the issuance of its resolution dated 12/04/1443H, corresponding to 17/11/2021G approving Development Works Food Co. request to transfer from the Parallel Market to the Main Market, with a capital of SAR (30,000,000), and (3,000,000) shares.

Accordingly, the trading of the Company's shares will be ceased from Thursday 13/04/1443H, corresponding to 18/11/2021G to start with the transfer procedures, for a period not exceeding five trading sessions.

The Saudi Exchange will announce the listing start date of the company’s shares in the Main Market once the procedures are complete.

The Exchange’s approval of the transition request should never be considered as a recommendation to invest in the company shares. The Exchange’s approval of the transition request merely means that imposed requirements as per the Listing Rules were met by the company.