Almarai®

in 2020Founded in 1977, Almarai Company is the world’s largest vertically integrated dairy company and the region’s largest food and beverage manufacturing and distribution company. Headquartered in the Kingdom of Saudi Arabia, Almarai is ranked as the number one FMCG (Fast Moving Consumer Goods) brand in the MENA (Middle East & North Africa) region and is the market leader in most of its categories across the Gulf Cooperation Council (GCC).

After more than 40 years of sustainable growth, Almarai continues to provide nutritious and healthy products to consumers of all ages, with success derived from the bedrock principle of ‘Quality you can trust’. In addition to its high-quality dairy products, Almarai has diversified its product portfolio to include juices, bakery, and poultry under the brand names Almarai, L’usine, 7DAYS, Albashayer and Alyoum. Meanwhile, the Company operates successful joint ventures with Chipita and PepsiCo.

As at 31 December 2020, Almarai’s paid up share capital amounted to SAR 10 billion, consisting of one billion fully paid and issued shares of SAR 10.00 each.

Highlights

Total sales (SAR million)

2020

2019

2018

15,357

14,351

13,558

Net profit*(SAR million)

2020

2019

2018

1,984

1,812

2,012

Operating cash flow(SAR million)

2020

2019

2018

4,203

4,732

3,669

*Profit attributable to the Shareholders of the Group

Almarai Annual Report 2020

4

Revenue Segmentation

Free cash flow (SAR million)

2020

2019

2018

2,830

2,601

1,332

CAPEX(SAR million)

2020

2019

2018

969

1,650

1,959

Total headcount (‘000)

2020

2019

2018

41,222

42,382

42,971

Sales by geography

KSA UAE Egypt Kuwait Oman Bahrain Jordan Others

10.31.41.00.80.70.30.40.5

Sales by product

Fresh Dairy Foods Poultry Bakery Long Life Dairy Fruit Juice Other Sales

5.52.52.31.71.51.50.4

(SAR billion)

(SAR billion)

5

Almarai leads the GCC in the production of fresh juice, providing consumers with a wide range of juices, nectars, and drinks, as well as products for children.

Over the last year, Almarai has prioritized growth in existing SKUs across GCC markets while taking measures to improve production nutrition to meet increased demand for healthier products, including the No Added Sugar (NAS) range across the Juice portfolio.

Dairy is the founding cornerstone of Almarai’s product range and includes Fresh Dairy, Long Life Dairy and Dairy Foods. For over 40 years we have endeavoured to earn the trust of our consumers and are the regional market leader in a wide range of sub-categories. New product segments launched in 2020 included Hummus, Milkshakes, Drinkable Greek Yoghurt and Honey. We also successfully altered our pricing strategy for fresh dairy and dairy foods to meet increased production costs with minimal impact to sales volumes.

JuiceDairyWhat we do

Argentina

USARomania

Where we areAlmarai Annual Report 2020

8

Using the highest quality ingredients and world class facilities, we deliver a wide range of bakery products to consumers across the GCC, marketed under the L’usine and 7DAYS brands.

From bread and snacks to cakes, Almarai provides consumers with exciting and innovative treats. In 2020, our bakery portfolio achieved promising success as we prioritized access to products across our markets.

Our Poultry brand, Alyoum, continues to enjoy the number one spot as brand of choice for over 34% of Saudi Arabia’s fresh poultry consumers. It is a brand that symbolizes quality and innovation, representing our core values in the marketplace. The product range includes acomprehensive selection of whole, part and value-added SKUs under the Alyoum and Albashayer brands.

Poultry Bakery

Arable farms

Egypt

• Jeddah

• Al KharjOman

• Riyadh

• Hail

Jordan

Saudi Arabia

Kuwait

UAE

Bahrain

Sales depots

Manufacturing

Dairyfarms

Poultry farms

HeadOffice

9

To grow our leading position as the trusted choice for food and beverages in the region, delighting consumers with quality nutrition every day.

VISI

ON

To provide quality and nutritious food and beverages that enrich consumers’ lives every day.

MIS

SIO

N

VALUES

Adaptable Sharing Passionate Innovative

Respect

Excellence

Almarai Annual Report 2020

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Awards and recognition

Best Employee

Health Initiative

Ministry of Health – Saudi Arabia, 2020

World’s 1st Pandemic Prepared Certification –

AIB International, 2020

Saudi Brand with the Most Loyal Customers - YouGov

Customer Loyalty Rankings, 2020

Middle East’s Best in Class Treasury Solutions – Adam

Smith Awards, 2020

Saudi Arabia Most Influential Brands – Ipsos, 2020

Most Valuable FMCG Brand – KANTAR BRANDZ Awards, 2020

Saudi Arabia Most Chosen FMCG Brand – KANTAR, 2020

Leading Corporate for Investor Relations, Saudi

Arabia – MEIRA

3rd Place Best Annual Report, Middle East – Digital Category

– MEIRA

3rd Place Best Digital IR, Middle East - MEIRA

Best New Sukuk - ASSET ASIAN AWARDS 2020

Middle East’s Top 100 Companies – Forbes, 2020

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