Al-Thiqa Food Group held its Extraordinary General Meeting (EGM) on Tuesday, 9 August 2022 and approved to amend the Company’s objectives as set in Article (6) of the Memorandum of Incorporation and Article (4) of the Articles of Association, as follows:

Management and operation related to food supplies to restaurants, hospitals, schools, universities, companies, factories, camps, parks, commercial and residential complexes, clubs, institutes, amusement parks, guest houses, residences, theaters, cinemas, recreational, sports, tourism, and retail projects, including the provision of all required services, directly or indirectly, or for third parties.  Manufacture, import, sell, package, store and distribute (wholesale or retail) foodstuff, beverages, and other consumable items, as deemed appropriate by the Company. - Purchase and import devices, supplies and equipment necessary to carry out the Company's objectives. Represent companies and participate in tenders in line with the Company’s objectives. Own movable assets and real estate properties required to carry out its activities within the limits permitted by law. -Utilize the Company's surplus to invest in financial portfolios managed by specialized companies. The Company may carry out the above-stated objectives in Kuwait or aboard, on its behalf or on behalf of others. The Company may have an interest in entities that carry out businesses similar to its own or that may be conducive in accomplishing its objectives, and it may buy, participate in, associate with or merge with such entities. Buy and sell shares and bonds for the company's account only.