Baladna: Discloses the Judgment in the Lawsuit

Baladna discloses the judgment in the lawsuit no 479 .

Court Judgment in the Arab Republic of Egypt

With reference to the above-mentioned subject, Baladna Q.P.S.C. announces that a judgment has been issued by the Economic Court in Egypt on 29 April 2026, in connection with the lawsuit filed by Baladna regarding the annulment of certain resolutions of the Ordinary General Assembly of Juhayna Food Industries.

This case relates to Baladna’s objection to the decision to exclude its nominee from candidacy for membership of the Board of Directors of Juhayna, and the procedures followed during the election of Board members at Juhayna’s General Assembly.

The Court has ruled to dismiss the claim on the merits, and Baladna would like to emphasize that the judgment included important legal principles, most notably the confirmation of the validity of the procedures followed by Baladna, and that its claim was established on sound factual and legal grounds.

Baladna is currently considering the available legal options in this matter in order to safeguard its rights and interests. It also confirms that this dispute does not have any impact on its operations or financial position.

Baladna Q.P.S.C.