Widam Food Company held the Extraordinary General Assembly meeting (the second reserve) today, Sunday, 16/04/2017 at 4:30 pm in the Rawshana Hall – the Diplomatic Club – where the attendance rate was 47.12% (8481,697 shares) and thus the quorum is legal according to the companies law. The Chairman of the Board of Directors (chairman of the Assembly) welcomed the shareholders and provided a full explanation of the communications that took place between the Corporate Control Department at the Ministry of Economy and Trade and the company regarding the amendment of the ownership percentage. The approval of the Qatar Financial Markets Authority and the presentation of the minutes of the meetings of the General Assembly that include modifications in the ownership percentages to the Authority, as well as the request of the Companies Control Department not to present the item relating to amending the ownership percentages contained in the company’s articles of association to the Extraordinary General Assembly based on the letter of the Qatar Financial Markets Authority, as requested by the Chairman of the Board of Directors Shareholders vote on other amendments to the articles of association and noted that the board of directors is disclaimed from the shareholders’ decision regarding the discussion of the item on amending the ownership ratios. The statute on increasing the percentage of ownership, and the majority of votes had agreed to Put the item to a vote among the other items. Accordingly, the vote was taken on the amendments contained in the agenda, and the result of the vote was approval by a majority of the items below. Items approved in the vote: • Amendment of Clause No. 7 of the following Articles of Association: With the exception of the government of the State of Qatar and the Qatari government for consumer complexes, no natural or ordinary person may, at any time, own more than 5% of the company’s capital It becomes as follows: With the exception of the government of the State of Qatar, no natural or ordinary person may, at any time, own more than 25% of the company’s capital. Thus, the ownership percentage will be raised. • Amending Clause No. 7 of the following Articles of Association: All shareholders and underwriters of the company shall be Qataris, and if it is a company, all partners shall be Qataris. It becomes as follows: All of the company’s subscribers are Qataris, and non-Qatari investors may own the company’s shares at a rate of no more than 49%. • Add the following paragraph to (Article 34) of the Articles of Association to become as follows: One-third of the members of the board of directors may be independent members with experience who are not shareholders, and they are exempted from the condition of owning shares, in accordance with the text of Article (97) of the Commercial Companies Law. And based on the shareholders’ decision above, the amendment of the aforementioned ownership percentage will be submitted to the competent authorities to report on it, and then take the necessary measures after obtaining the necessary approvals from the competent authorities in accordance with the aforementioned Companies Control Letter.