P r e s e n t a t i o nEarnings

July, 2016

2

Disclaimer

Information contained in this presentation is subject to change without prior notice. Its accuracy is not guaranteed and it may not

contain all material information related to the company. Neither SADAFCO nor its associates make any representation regarding,

and assume no responsibility or liability for, the accuracy or completeness of, or any errors or omissions in, any information

contained herein.

Nothing in this presentation shall form the basis of any contract or commitment whatsoever. This presentation is furnished to you

solely for your information. You may not redistribute it to any other person.

This presentation contains forward-looking statements that are made on the basis of current knowledge and assumptions. Various

factors could cause future results, performance or events to differ materially from those mentioned in the presentation.

3

Our Vision, Mission & Values

MISSION

Develop, produce and market a range of

nutritious food propositions for all age

groups and create maximum shareholder

value through teamwork

VISION

To be the Brand of Choice

4

Business Highlights

Cash Flow New Products

Distributed dividend of SAR4 per share

for FY2015/16

MOU for SELECT concluded:

Land transferred in SADAFCO’s name; will

facilitate future growth and enhance cost

efficiencies

Recent Developments

Operating Cash Flows

Q1’2016/17 : SAR161mn

Q1’2015/16 : SAR117mn

Capital Expenditure

Q1’2016/17 : SAR34mn

Q1’2015/16 : SAR18mn

Laban200ml & 1L

Date Milk200ml & 1L

Soy Drink1L

Anniversary40thCelebrating

Saudia’s

SalesQ1’2016/17 :

SAR491mn

Q1’2015/16 : SAR521mn

Net ProfitQ1’2016/17 : SAR86mn

Q1’2015/16 : SAR59mn

YoY

5.7%

YoY

47.3%

5

Sales & Profitability

SAR mnSales SAR mnGross Profit

180 166 172 191 207

35%34% 35%

39% 42%

0%

10%

20%

30%

40%

50%

60%

70%

80%

50.0 0

70.0 0

90.0 0

110 .00

130 .00

150 .00

170 .00

190 .00

210 .00

230 .00

250 .00

Q1'15/16 Q2'15/16 Q3'15/16 Q4'15/16 Q1'16/17

As % of Net Sales

521482 496 484 491

Q1'15/16 Q2'15/16 Q3'15/16 Q4'15/16 Q1'16/17

59 54 68 80 86

11% 11%14%

17% 18%

0%

5%

10%

15%

20%

25%

30%

0

10

20

30

40

50

60

70

80

90

100

Q1'15/16 Q2'15/16 Q3'15/16 Q4'15/16 Q1'16/17

As % of Net Sales

SAR mnNet Profit

6

1,270 1,2341,375 1,391 1,378

Q1'15/16 Q2'15/16 Q3'15/16 FY'15/16 Q1'16/17

SAR mnSteady Asset Base… SAR mn…build by Internally generated funds

894 947 1,014 1,094 1,047

376 287361 297 331

Q1'15/16 Q2'15/16 Q3'15/16 FY'15/16 Q1'16/17

Shareholders' Equity Non Interest bearing Liabilities

1,270 1,234

Strong Balance Sheet

Note: *Working Capital calculated as Current Assets net of Current Liabilities.Current Assets: Accounts receivable + Inventories + Deposits, prepayments & other current assetsCurrent Liabilities: Accounts payable + Due to related parties + Accrued zakat + Dividend payable +Accruals & other current liabilities**Rolling 12-months net sales

227 299 301 370 318

12%16% 15%

19%16%

0%

5%

10%

15%

20%

25%

30%

35%

40%

0

50

100

150

200

250

300

350

400

Q1'15/16 Q2'15/16 Q3'15/16 FY'15/16 Q1'16/17

Working Capital As % of Net Sales**

SAR mnWorking Capital*

1,3911,375 1,378

7

165240

406

(83)

(244)

(4)

Cash and CashEquivalents

(30 June 2015)

Net cash from operatingactivities

Purchase of Property,Plant and Equipment

(PP&E)

Dividends Paid Others Cash and CashEquivalents

(30 June 2016)

Cash Flow Summary

Cash Flow Bridge for rolling 12-months as of 30 June, 2016 SAR mn

Free Cash Flow = SAR323mn

Distributed Dividend of SAR 4 per share for FY2015/16

Note: Dividends of SAR 3.5 per share for 2014/15 paid in Q2 of 2015/16

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Product Portfolio

UHT Milk– Whole,

Low Fat, Skimmed,

Gold Milk

Flavored Milk

Date Milk

UHT Milk

Feta Cheese

Processed Cheese –

Triangles

Cheese Products

Ice cream

French Fries

Butter

Frozen

Ketchup

Tomato paste

Tomato Products

Arabic Coffee

Laban & Twist

Crispy

Cream

Juices–Growing-up

EVAP

Majestique

Soy Drink

Others

Milk Powder – Instant

Milk Powder

9

Shareholding Structure

Shareholding (as of 18 July 2016)

• Qurain Petrochemicals Industries (QPIC) is the largest shareholder of

SADAFCO

• QPIC, incorporated in 2004, is a private sector holding company in the

energy, petrochemical, food and related sectors

• QPIC is owned by KIPCO, which is one of the biggest diversified holding

companies in the Middle East and North Africa, the Group has assets

around USD 32 billion under management or control

• KIPCO and QPIC both are listed on the Kuwait Stock Exchange

40.1%

59.9%

Source: Tadawul Stock Exchange

Public & Others

10

Shareholders’ Returns

Note: #Annualized Return calculated as sum of share price appreciation/depreciation anddividends paid during the period ending 30 June 2016, assuming no reinvestment of dividends

Share Price Performance SAR mn

Consistent Dividends SAR per share

0

2

4

6

8

10

12

14

16

20

60

100

140

180

220

Jul-

13

Jul-

13

Au

g-1

3

Sep

-13

Oct

-13

No

v-1

3

De

c-1

3

Jan

-14

Feb

-14

Mar

-14

Ap

r-1

4

May

-14

Jun

-14

Jul-

14

Au

g-1

4

Sep

-14

Oct

-14

No

v-1

4

De

c-1

4

Jan

-15

Feb

-15

Mar

-15

Ap

r-1

5

May

-15

Jun

-15

Jul-

15

Au

g-1

5

Sep

-15

Oct

-15

No

v-1

5

De

c-1

5

Jan

-16

Feb

-16

Mar

-16

Ap

r-1

6

May

-16

Jun

-16

Jul-

16

Tradin

g Vo

lum

e, Mn

Shares

SAR

SASE Index SADAFCO Volume (Mn)

Source: Bloomberg; SAR Saudi Riyal; SASE Index (Rebased to SAR 86.5 on 01 July 2013)

SAR 157.1102.8(SAR)

SAR 86.5

(18 July 2016)

Market Cap (SAR Mn): 5,105 52 Week

High

157.1(SAR)

52 Week Low

Compounded Annual Return# of

22.6%over the last 3 years

3.5 3.5

4.0

FY'13/14 FY'14/15 FY'15/16

Declared Dividend per share

11

Going Forward…

“SADAFCO will continue to invest in

strong branded market positions,

maintain low leveraging and strong capital ratios,

while contributing to

consistent shareholders’ equity growth”