Kout Food Group has approved a reduction of its authorized, issued, and paid-up capital from KWD 6,691,869.500 (Six Million Six Hundred Ninety-One Thousand Eight Hundred Sixty-Nine Kuwaiti Dinars and Five Hundred Fils) to KWD 6,678,194.500 (Six Million Six Hundred Seventy-Eight Thousand One Hundred Ninety-Four Kuwaiti Dinars and Five Hundred Fils) by an amount of KWD 13,675 (Thirteen Thousand Six Hundred Seventy-Five Kuwaiti Dinars). 

This reduction will be achieved through the cancellation of the treasury shares that the company holds, totaling 136,750 shares, in accordance with the procedures established by the Capital Markets Authority.

The assembly also authorized the Chairman of the Board and the CEO to take all necessary actions and sign any requests and documents of any kind required in this regard.
Additionally, the assembly approved the board of directors' proposal to amend Article (6) of the articles of incorporation and Article (5) of the company's articles of association related to capital, which will read as follows: 

-    The authorized, issued, and paid-up capital of the company is set at KWD 6,678,194.500, distributed over 66,781,945 shares with a nominal value of 100 Fils per share, all of which are cash shares.