Raydan Food Company announces the signing of a commercial franchise contract with Al-Raya Company for Restaurants Ltd. inside the Arab Republic of Egypt and the transformation of the branches of the subsidiary company into commercial franchise branches Agreement for granting the right to a commercial franchise within the Arab Republic of Egypt and for converting the branches of the subsidiary company into branches of a commercial franchise EGP 7,000,000 (inclusive of commercial franchise fees of EGP 500,000 to be paid once and EGP 800,000 (franchise revenue for the first year of the contract) and the value of the assets owned by the subsidiary) Raydan Food Company announces the conclusion of an agreement to grant the franchise eligibility within the Arab Republic of Egypt and the transfer of the branches of the subsidiary company to the branches of a commercial franchise registered under its trademark -Raydan- for the franchise agent Al-Raya Company for Restaurants Ltd. in the Arab Republic of Egypt. This contract will have a positive financial impact on the company in the fourth quarter of 2021.