Baladna Shareholders Approve Resumption of Capital Increase Procedures Through Rights Issue

Doha, Qatar, 23 July 2026: Baladna Q.P.S.C., Qatar’s largest dairy and beverage company, is pleased to announce that its shareholders have approved the resumption of the company’s capital increase through a rights issue during the Extraordinary General Assembly held on 22 July 2026.

The approval follows the previous Extraordinary General Assembly approval of the capital increase and includes the amended value of the increase and the updated number of shares to be offered.
Under the General Assembly resolution, Baladna’s capital will increase from QAR 2,143,984,962 to QAR 2,679,981,202, through the issuance and offering of 535,996,240 new ordinary shares by way of a rights issue, representing 25% of the Company’s current paid-up capital.

The rights to subscribe will be given to the Company's shareholders who are registered in the shareholders’ register with EDAA at the end of the trading session on 27 July 2026. The issue price will be QAR 1.01 per share, consisting of a nominal value of QAR 1.00 plus QAR 0.01 as premium / issuance expenses.

The Rights Issue is intended to support Baladna’s medium- to long-term growth strategy, including business growth in Qatar and potential dairy and agricultural opportunities in Syria. The Company will continue to complete the necessary procedures in coordination with the Qatar Stock Exchange, EDAA, the Ministry of Commerce and Industry, the Qatar Financial Markets Authority, and other relevant regulatory authorities.

Accordingly, Baladna invites its eligible shareholders to participate in the Rights Issue in line with the approved schedule.

Key Dates:

•    Record Date: 27 July 2026

Shareholders registered in the Company’s shareholder register with EDAA at the close of trading on this date will receive Subscription Rights.

•    Rights Trading Period: 28 July – 03 August 2026

During this period, Subscription Rights may be bought and sold on the Qatar Stock Exchange.

•    Subscription Period: 04 August – 17 August 2026 at 1:00 PM (Doha time)

Eligible holders of Subscription Rights may subscribe for the New Shares during this period.

Baladna encourages shareholders and holders of Subscription Rights to review the approved Prospectus and official disclosures carefully before taking any action.

For further information on Baladna’s Rights Issue, please visit

https://baladna.com/en/investment.