SpecialResolution:

Approvedthe initial estimates of the transactions with related parties for theyear 2020.

ModernBakery (LLC), worth an approximate sales of AED 1.5 million annually andrepresents a monthly average of 0.41% of the company's capital almost.

Beforethe meeting started, Shareholders representing 20.29% of the company’s capitalrequested the Chairman to add an item to the agenda to approve the increase inthe members of the Board of Directors by amending Item (A) of Article (19) ofthe company’s articles of association regarding the company's management, proposingthat the item, if approved, should read as follows:

Thecompany shall be managed by a board of directors of nine (9) members elected bythe general assembly of shareholders by secret cumulative voting.

Instead of the existing itemread as follows:

 The company shall be managed by a board ofdirectors of seven (7) members elected by the general assembly of shareholders bysecret cumulative voting.

Thisitem was presented to the Assembly and the voting on it resulted in theapproval of the amendment Article of Association. subject to ESCA and relatedauthorities' approval.

1.      Approved the Directors’ report on the Company’s activitiesand its financial position for the year ended 31/12/2019.

2.      Adopted and approved the Audit report on the company’financial for the year ended 31/12/2019.

3.      Adopted and approved the Company’s statement of financialposition and income statement for the year ended 31/12/2019.

4.      Approved the recommendation of the Company’s board ofdirectors for distributing 30% Cash dividends for the year ended 31/12/2019.

5.      Discharged the Company’s board members and its auditors of anyliability for the financial year ended on 31/12/2019.

6.      Approved the remunerations of Company's board members.

7.      Grant Thornton was reappointed as external auditor and theaudit fees of AED 105,000 for the year 2020 including quarterly reviews wasapproved.

8.              Approved thevote for the seven Board members as per follows:

1.              Mr. Ali Humaid AliAbdullah Al Owais.

2.             Mr. MohamedSalim Rashid Abdullah Al Owais.

3.              Mr. MohamedAbdel Aziz Ali Abdullah Al Owais.

4.              Mr. Mohamed AliNasir Abdalla Al Owais.

5.              Mr. AhmedAbdullah Sultan Al Owais.

6.              Mr. AbdullaMohamed Rashid Alhuraiz.

AGM hasdecided the following:

1.    GrantThornton was appointed as external auditor and the audit fees of AED 90,000 forthe year 2019 including quarterly reviews was approved.

2.   Shareholders representing 20.29% of the share capital requested toadd an item to the agenda to approve the proposal of related party transactionto purchase Emirates Refreshments company’s warehouse and authorize a nominatedmember of BOD to negotiate and finalize the price based on an accreditedevaluation, with a Cap 3 million, subject to ESCA and related authoritiesapproval. This item was presented to the Assembly and the voting on this itemresulted in the acceptance of the related party transaction.

1.       Approved the Directors’ report on the Company’s activities and its financial position for the year ended 31/12/2018.

2.       Adopted and approved the report of the Company’s auditor for the year ended 31/12/2018.

3.       Adopted and approved the Company’s statement of financial position and income statement for the year ended 31/12/2018.

4.       Approved the recommendation of the Company’s board of directors and shareholders request for distribution of 25% Cash dividends for the year ended 31/12/2018.

5.       Discharged the Company’s board members and its auditors of any liability for the financial year ended on 31/12/2018.

6.       Approved remunerations of Company's board members.

Special Resolution:

Approved the initial estimates and transactions with related parties for the year 2019.

Modern Bakery (LLC), a United Food Company clients worth an approximate sales of AED125,000 per month of edible oil and Ghee, buy total amount of AED1.5 million annually and represents a monthly average of 0.41% of the company's capital almost.

Approved BOD proposal of related party transaction to purchase United Can Company LLC’s labor Camp and authorize nominated member of BOD to negotiate and finalize the price based on accredited evaluation, Cap 5 million.

1.       Approved the Directors' report on the Company's activities and its financial position for the year ended 31/12/2017.

2.       Adopted and approvedthe report of the Company's auditor for the year ended 31/12/2017.

3.       Adopted and approvedthe Company's statement of financial position and income statement for the yearended 31/12/2017.

4.       Approved the recommendationof the Company's Board of directors to distribute 10% Cash dividends for theyear ended 31/12/2017.

5.       Discharged theCompany's Board members and its auditors of any liability for the financialyear ended on 31/12/2017.

6.      Approved the remunerations of Company's Board members

7.       Ernst & Young wasreappointed as external auditor with audit fees of AED 160,000 for the year2018 including quarterly reviews.

8.      Special Resolution, the Shareholders' resolved thefollowing: -

-The initial estimatesof the transactions with related parties for the year 2018, Modern Bakery(LLC), worth an approximate sale of AED 125,000 per month of edible oil andGhee, (total amount of AED 1,500,000 annually). This represents a monthlyaverage of 0. 41% of the company's capital almost.

- Proposals of theCompany's Board of directors the increase of United Foods' ownership limits inEmirates Refreshment Company and/or posterior acquisition, subject to relatedGovernment authority's approvals.

-Future Plan of theBoard of Directors regarding the opportunities to invest in shares and/oracquire United Cans Company/Unikai Foods Company, Subject to relatedGovernment authority's approvals.

Special Resolution:

Approved the initial estimates of the transactions with related parties for the year 2017.

United cans Company, supplies worthan approximate 766,666 dirhams per month, the total amount of AED 9,199,992 annually represents a monthly average of 2.53% of the capital of the company approx.

Modern Bakery (LLC), worth anapproximate sales of AED 125,000 per month of edible oil and Ghee, buy total amount of AED 1.5 million annually and represents a monthly average of 0.41% ofthe company's capital almost.

1. Approved the Directors’ report on the Company’s activities and its financial position for the year ended 31/12/2016.

2. Adopted and approved the report of the Company’s auditor for the year ended 31/12/2016.

3. Adopted and approved the Company’s statement of financial position and income statement for the year ended 31/12/2016.

4. Approved the recommendation of the Company’s board of directors for distribution of 10% Cash dividends for the year ended 31/12/2016.

5. Discharged the Company’s board members and its auditors of any liability for the financialyear ended on 31/12/2016.

6. Approved remunerations of Company's board members.

7. Ernst& Young was reappointed as external auditor and the audit fees of AED 160,000for the year 2017 including quarterly reviews was approved.

8. Approved Board elected as follows:

Mr. Ali Humaid Al Owais.

Mr. Mohamed Salim Rashid Al Owais.

Mr. Mohamed Abdel Aziz Al Owais.

Mr. Abdullah Rahma Al Owais.

Mr. Ahmed Abdullah Sultan Al Owais.

1- Approved the amendment of Company Articles of Associations to comply with the legal requirements of Federal Commercial Companies Law No. 2 of 2015, subject to related authorities approvals.

2-  Adopted and approved estimated transaction with related parties as following.

- Monthly AED1,229,000 with United Cans Company.

- Monthly AED 105,000with Modern Bakery.

3- Approved the recommendation of the Company’s board of directors for launching new branches out of the country and equity investment in UAE markets subject to related authority’s approvals and consistent with the company articles.

-  Approved the Directors’ report on the Company’s activities and its financial position for the year ended 31/12/2014.

- Adopted and approved the report of the Company’s auditor for the year ended 31/12/2014.

- Adopted and approved the Company’s statement of financial position and income statement for the year ended 31/12/2014.

- Approved the recommendation of the Company’s board of directors for distribution of 10% Cash dividends for the year ended 31/12/2014.

- Discharged the Company’s board members and its auditors of any liability for the financial year ended on 31/12/2014.

- Approved the remunerations of Company's board members

- Ernst & Young was reappointed as external auditor, with the audit fees of AED 168,000 for the year 2015.

Approval of the directors' report on the company's activities and financial position for the financial year ended 31/12/2012 as well as the approval of the report of the external auditors of the Company for the same period
Approval of the consolidated financial statement of financial position and statement of comprehensive income for the year ended 31/12/2012
Discharge of the members of the Board of Directors and auditors for the financial year ended 31/12/2012
To approve the Board's proposal to distribute dividends by 10% in the form of bonus shares to shareholders
Approval of the proposed Directors' remuneration for the year 2012
Reset the company's auditors for the financial year 2013 and determine their fees